Maridea Wealth Management LLC Has $407,000 Position in Rockwell Automation, Inc. $ROK

Maridea Wealth Management LLC cut its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 79.5% in the first quarter, Holdings Channel reports. The institutional investor owned 1,134 shares of the industrial products company’s stock after selling 4,388 shares during the period. Maridea Wealth Management LLC’s holdings in Rockwell Automation were worth $407,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. MV Capital Management Inc. acquired a new position in Rockwell Automation during the 4th quarter worth approximately $28,000. Manchester Capital Management LLC raised its holdings in shares of Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares during the last quarter. First Horizon Corp bought a new stake in shares of Rockwell Automation in the fourth quarter worth $32,000. BOK Financial Private Wealth Inc. acquired a new position in Rockwell Automation during the fourth quarter worth $33,000. Finally, TD Capital Management LLC acquired a new position in Rockwell Automation during the fourth quarter worth $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In related news, VP Terry L. Riesterer sold 4,024 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the sale, the vice president owned 134 shares in the company, valued at approximately $60,563.98. This represents a 96.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at $2,392,102.30. This represents a 15.80% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 12,308 shares of company stock valued at $5,339,812. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Rothschild & Co Redburn boosted their price target on shares of Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. DA Davidson assumed coverage on Rockwell Automation in a report on Tuesday, June 16th. They issued a “neutral” rating and a $500.00 price objective for the company. Wells Fargo & Company upped their target price on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price target on Rockwell Automation from $404.00 to $417.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group raised their price target on Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $457.50.

Rockwell Automation News Summary

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: Rockwell Automation was highlighted on CNBC’s “Final Trades,” where Stephanie Link chose ROK, which can boost investor sentiment by signaling institutional-style confidence. Qualcomm, Merck, Rockwell Automation And A Real Estate Stock On CNBC’s ‘Final Trades’
• Positive Sentiment: New articles noted that ROK hit a fresh 52-week high and was described as a strong momentum stock, reinforcing the view that traders are chasing the stock’s upward trend. Rockwell Automation, Inc. (ROK) Hits Fresh High: Is There Still Room to Run?
• Positive Sentiment: Rockwell Automation’s Singapore site was named a World Economic Forum Global Lighthouse, and the company also announced FactoryTalk Orchestration deployments, both of which support the narrative around innovation and operational leadership. Rockwell Automation Singapore Site Named a World Economic Forum Global Lighthouse
• Neutral Sentiment: Several research notes from Zacks trimmed earnings estimates for FY2026 and multiple 2027–2028 quarters, but the reductions were modest and forecasts still remain near or above consensus, so the impact looks more like a mild headwind than a major downgrade. MarketBeat Rockwell Automation coverage

Rockwell Automation Stock Performance

Shares of ROK opened at $476.19 on Monday. The firm has a 50-day moving average of $445.15 and a 200-day moving average of $412.19. Rockwell Automation, Inc. has a one year low of $305.44 and a one year high of $486.47. The company has a market cap of $52.99 billion, a PE ratio of 49.50, a price-to-earnings-growth ratio of 3.05 and a beta of 1.57. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same period in the previous year, the business earned $2.45 EPS. Rockwell Automation’s revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities analysts forecast that Rockwell Automation, Inc. will post 13.02 earnings per share for the current year.

Rockwell Automation declared that its Board of Directors has approved a share buyback plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s payout ratio is 57.38%.

About Rockwell Automation

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.