SVB Wealth LLC Takes Position in Rockwell Automation, Inc. $ROK

SVB Wealth LLC purchased a new position in Rockwell Automation, Inc. (NYSE:ROK) during the second quarter, HoldingsChannel.com reports. The fund purchased 1,410 shares of the industrial products company’s stock, valued at approximately $468,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ROK. Lansdowne Partners UK LLP increased its position in Rockwell Automation by 70.2% during the 2nd quarter. Lansdowne Partners UK LLP now owns 26,775 shares of the industrial products company’s stock valued at $8,894,000 after buying an additional 11,048 shares in the last quarter. Natixis grew its stake in shares of Rockwell Automation by 42.8% in the second quarter. Natixis now owns 12,693 shares of the industrial products company’s stock worth $4,216,000 after acquiring an additional 3,802 shares during the last quarter. Ossiam increased its holdings in shares of Rockwell Automation by 43.7% during the second quarter. Ossiam now owns 2,108 shares of the industrial products company’s stock valued at $700,000 after acquiring an additional 641 shares in the last quarter. California Public Employees Retirement System raised its position in shares of Rockwell Automation by 7.6% in the 2nd quarter. California Public Employees Retirement System now owns 187,005 shares of the industrial products company’s stock worth $62,117,000 after purchasing an additional 13,165 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of Rockwell Automation by 23.6% in the 2nd quarter. Cerity Partners LLC now owns 31,000 shares of the industrial products company’s stock worth $10,297,000 after purchasing an additional 5,927 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling

In related news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $403.45, for a total transaction of $956,176.50. Following the completion of the sale, the senior vice president directly owned 1,964 shares in the company, valued at approximately $792,375.80. The trade was a 54.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Tessa M. Myers sold 371 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $402.93, for a total transaction of $149,487.03. Following the completion of the transaction, the senior vice president owned 5,219 shares in the company, valued at $2,102,891.67. The trade was a 6.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 94,213 shares of company stock valued at $35,927,298 in the last 90 days. 0.68% of the stock is owned by insiders.

Rockwell Automation Price Performance

NYSE ROK opened at $400.58 on Wednesday. The stock has a market capitalization of $44.97 billion, a price-to-earnings ratio of 52.29, a PEG ratio of 2.70 and a beta of 1.50. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $406.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The business’s fifty day moving average price is $369.24 and its 200-day moving average price is $349.32.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same quarter in the previous year, the company posted $2.47 earnings per share. Rockwell Automation’s revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be paid a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Analyst Ratings Changes

A number of research firms have weighed in on ROK. TD Cowen raised their price objective on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Morgan Stanley increased their price target on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Citigroup upped their price objective on Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Rockwell Automation currently has a consensus rating of “Moderate Buy” and an average price target of $380.63.

Rockwell Automation Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.