Global Retirement Partners LLC Takes $1.41 Million Position in Rockwell Automation, Inc. $ROK

Global Retirement Partners LLC acquired a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,850 shares of the industrial products company’s stock, valued at approximately $1,411,000.

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

Rockwell Automation Stock Performance

Shares of ROK opened at $445.69 on Tuesday. The firm has a market capitalization of $49.49 billion, a P/E ratio of 41.77, a PEG ratio of 2.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. Rockwell Automation, Inc. has a one year low of $332.71 and a one year high of $497.36. The business has a fifty day moving average of $463.60 and a 200 day moving average of $426.67.

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

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s payout ratio is presently 51.73%.

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wells Fargo & Company lifted their price objective on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. The Goldman Sachs Group lifted their price target on shares of Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Finally, DA Davidson began coverage on shares of Rockwell Automation in a report on Tuesday, June 16th. They set a “neutral” rating and a $500.00 price objective for the company. Nine investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $468.67.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the sale, the vice president owned 5,615 shares in the company, valued at $2,392,102.30. This represents a 15.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the transaction, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. The trade was a 7.83% decrease in their ownership of the stock. 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 sold a total of 1,649 shares of company stock valued at $722,119 over the last 90 days. 0.76% of the stock is currently owned by company insiders.

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.