Rockwell Automation, Inc. $ROK Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 159.4% during the fourth quarter, HoldingsChannel reports. The firm owned 11,684 shares of the industrial products company’s stock after buying an additional 7,179 shares during the period. Prospera Financial Services Inc’s holdings in Rockwell Automation were worth $4,548,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in shares of Rockwell Automation during the fourth quarter worth about $281,000. AQR Capital Management LLC increased its stake in shares of Rockwell Automation by 75.9% during the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after acquiring an additional 3,513 shares during the period. Empowered Funds LLC increased its stake in shares of Rockwell Automation by 142.7% during the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after acquiring an additional 4,295 shares during the period. Acadian Asset Management LLC increased its stake in shares of Rockwell Automation by 233.6% during the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock worth $484,000 after acquiring an additional 1,315 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Rockwell Automation during the second quarter worth about $868,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Tessa M. Myers sold 1,985 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total value 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 $1,652,217.32. This represents a 32.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Scott Genereux sold 17,407 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the completion of the sale, the vice president directly owned 3,314 shares of the company’s stock, valued at $1,340,877.54. The trade was a 84.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 60,141 shares of company stock valued at $24,745,509 in the last ninety days. 0.76% of the stock is owned by company insiders.

Rockwell Automation Stock Up 0.1%

Shares of NYSE ROK opened at $452.86 on Tuesday. Rockwell Automation, Inc. has a 12-month low of $301.79 and a 12-month high of $463.48. The company has a market capitalization of $50.39 billion, a PE ratio of 47.07, a price-to-earnings-growth ratio of 2.89 and a beta of 1.56. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The firm’s 50-day moving average is $401.19 and its two-hundred day moving average is $399.37.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.42. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities analysts anticipate that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is 57.38%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ROK shares. KeyCorp boosted their price target on shares of Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. upped their target price on shares of Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Jefferies Financial Group restated a “hold” rating and set a $380.00 target price (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. Weiss Ratings upgraded shares of Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 25th. Finally, BNP Paribas Exane upped their target price on shares of Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $449.16.

Rockwell Automation 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.