Kestra Private Wealth Services LLC Buys 1,924 Shares of Rockwell Automation, Inc. $ROK

Kestra Private Wealth Services LLC grew its stake in Rockwell Automation, Inc. (NYSE:ROK) by 41.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,525 shares of the industrial products company’s stock after purchasing an additional 1,924 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Rockwell Automation were worth $2,539,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. First Horizon Corp bought a new position in shares of Rockwell Automation in the 4th quarter valued at about $32,000. Fortitude Family Office LLC grew its holdings in Rockwell Automation by 109.5% during the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 46 shares during the period. Ameriflex Group Inc. grew its holdings in Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares during the period. Sachetta LLC grew its holdings in Rockwell Automation by 900.0% during the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 108 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Rockwell Automation during the third quarter worth about $47,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Down 0.3%

Shares of ROK stock opened at $399.93 on Thursday. The firm has a 50 day moving average price of $383.34 and a two-hundred day moving average price of $389.09. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $44.93 billion, a PE ratio of 45.76, a price-to-earnings-growth ratio of 2.90 and a beta of 1.54. Rockwell Automation, Inc. has a 12-month low of $240.13 and a 12-month high of $438.72.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.46 by $0.29. The firm had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the business posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, analysts predict that Rockwell Automation, Inc. will post 12.14 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, May 18th. This represents a $5.52 annualized dividend and a yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is 63.16%.

Insider Activity

In other news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total value of $484,375.00. Following the completion of the sale, the senior vice president directly owned 1,734 shares in the company, valued at approximately $671,925. The trade was a 41.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Tessa M. Myers sold 1,985 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the sale, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. The trade was a 32.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 51,375 shares of company stock valued at $20,828,717. Company insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a report on Tuesday, March 31st. The Goldman Sachs Group reduced their price target on Rockwell Automation from $458.00 to $448.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Oppenheimer cut Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation currently has an average rating of “Moderate Buy” and an average price target of $406.67.

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.