High Net Worth Advisory Group LLC Purchases New Stake in Rockwell Automation, Inc. $ROK

High Net Worth Advisory Group LLC purchased a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) in the 2nd quarter, Holdings Channel reports. The fund purchased 1,288 shares of the industrial products company’s stock, valued at approximately $638,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Virtus Advisers LLC bought a new position in shares of Rockwell Automation in the second quarter valued at about $25,000. MV Capital Management Inc. acquired a new stake in shares of Rockwell Automation during the 4th quarter worth about $28,000. Manchester Capital Management LLC lifted its stake in shares of Rockwell Automation by 97.5% during the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after buying an additional 39 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in shares of Rockwell Automation during the 1st quarter worth about $31,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in Rockwell Automation in the 4th quarter valued at about $33,000. 75.75% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on ROK shares. Citigroup lowered their price target on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. DA Davidson reduced their price objective on Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a report on Friday, August 21st. Zacks Research downgraded Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Argus increased their target price on Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Finally, Sanford C. Bernstein lifted their price target on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a report on Friday, August 14th. Nine equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $469.14.

Rockwell Automation Price Performance

NYSE:ROK opened at $428.58 on Friday. Rockwell Automation, Inc. has a 52 week low of $332.71 and a 52 week high of $497.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The firm’s 50-day simple moving average is $454.75 and its 200 day simple moving average is $428.14. The firm has a market cap of $47.59 billion, a price-to-earnings ratio of 40.17, a P/E/G ratio of 2.48 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm posted $2.82 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, sell-side analysts predict that Rockwell Automation, Inc. will post 13.22 earnings per share for the current year.

Rockwell Automation declared that its board has approved a stock repurchase plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to purchase up to 2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s dividend payout ratio (DPR) is 51.73%.

Insiders Place Their Bets

In other news, Director Patricia A. Watson sold 1,100 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $431.43, for a total transaction of $474,573.00. Following the sale, the director directly owned 6,385 shares of the company’s stock, valued at approximately $2,754,680.55. This represents a 14.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 467 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $426.96, for a total value of $199,390.32. Following the completion of the transaction, the senior vice president owned 1,267 shares in the company, valued at $540,958.32. The trade was a 26.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,557 shares of company stock worth $1,098,256 in the last 90 days. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Company Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.