Soltis Investment Advisors LLC Buys New Position in Rockwell Automation, Inc. $ROK

Soltis Investment Advisors LLC purchased a new stake in Rockwell Automation, Inc. (NYSE:ROK) in the second quarter, Holdings Channel.com reports. The fund purchased 680 shares of the industrial products company’s stock, valued at approximately $226,000.

Several other large investors have also bought and sold shares of the stock. Brighton Jones LLC purchased a new position in Rockwell Automation during the fourth quarter worth about $281,000. Envestnet Asset Management Inc. grew its holdings in shares of Rockwell Automation by 46.4% in the first quarter. Envestnet Asset Management Inc. now owns 279,852 shares of the industrial products company’s stock valued at $72,308,000 after acquiring an additional 88,713 shares in the last quarter. TD Private Client Wealth LLC increased its position in shares of Rockwell Automation by 27.1% during the first quarter. TD Private Client Wealth LLC now owns 1,938 shares of the industrial products company’s stock valued at $501,000 after acquiring an additional 413 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in Rockwell Automation during the first quarter worth $240,000. Finally, Valeo Financial Advisors LLC boosted its position in Rockwell Automation by 64.4% in the first quarter. Valeo Financial Advisors LLC now owns 2,022 shares of the industrial products company’s stock worth $522,000 after purchasing an additional 792 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ROK shares. Citigroup reissued a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. Stephens reiterated an “overweight” rating and issued a $375.00 target price (up from $350.00) on shares of Rockwell Automation in a research note on Wednesday, July 16th. Oppenheimer reissued an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a research report on Friday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Wednesday, October 8th. Finally, Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Rockwell Automation currently has a consensus rating of “Moderate Buy” and an average price target of $353.39.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $373.67 on Friday. The firm has a market capitalization of $42.01 billion, a P/E ratio of 43.86, a PEG ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $396.89. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. The business has a fifty day moving average price of $349.71 and a 200-day moving average price of $331.38.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be paid a dividend of $1.38 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s dividend payout ratio is presently 64.79%.

Insider Buying and Selling at Rockwell Automation

In related news, VP Isaac Woods sold 250 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $350.00, for a total value of $87,500.00. Following the sale, the vice president owned 1,662 shares in the company, valued at approximately $581,700. This trade represents a 13.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director James P. Keane sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total value of $1,068,180.00. Following the transaction, the director owned 9,192 shares of the company’s stock, valued at approximately $3,272,903.52. The trade was a 24.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,375 shares of company stock worth $10,661,109 in the last ninety days. Insiders own 0.68% of the company’s stock.

About Rockwell Automation

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.