Professional Advisory Services Inc. Has $1.16 Million Holdings in Rockwell Automation, Inc. $ROK

Professional Advisory Services Inc. raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 176.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,350 shares of the industrial products company’s stock after acquiring an additional 1,500 shares during the period. Professional Advisory Services Inc.’s holdings in Rockwell Automation were worth $1,163,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ROK. MV Capital Management Inc. bought a new position in Rockwell Automation in the fourth quarter valued at approximately $28,000. Manchester Capital Management LLC raised its holdings in shares of Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 39 shares during the period. First Horizon Corp acquired a new stake in shares of Rockwell Automation during the fourth quarter worth $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation in the 4th quarter valued at $33,000. Finally, TD Capital Management LLC acquired a new position in Rockwell Automation in the 4th quarter worth $33,000. 75.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on ROK shares. TD Cowen lifted their price target on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Evercore set a $485.00 price objective on Rockwell Automation in a report on Wednesday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a research report on Thursday, June 18th. BNP Paribas Exane boosted their price objective on shares of Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company increased their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Rockwell Automation has a consensus rating of “Hold” and a consensus target price of $468.05.

Insider Transactions at Rockwell Automation

In other news, SVP Matthew W. Fordenwalt sold 377 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the sale, the senior vice president directly owned 4,437 shares of the company’s stock, valued at $2,043,282.87. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. The trade was a 15.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,649 shares of company stock valued at $722,119 in the last quarter. 0.76% of the stock is currently owned by corporate insiders.

Rockwell Automation Price Performance

NYSE:ROK opened at $440.95 on Friday. Rockwell Automation, Inc. has a 1-year low of $328.70 and a 1-year high of $497.36. The company has a current ratio of 1.08, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The firm has a fifty day simple moving average of $464.99 and a 200 day simple moving average of $425.44. The stock has a market capitalization of $48.97 billion, a PE ratio of 41.33, a P/E/G ratio of 2.58 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the firm posted $2.82 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, research analysts expect that Rockwell Automation, Inc. will post 13.19 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be issued a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is presently 51.73%.

Rockwell Automation declared that its board has approved a stock 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 purchase up to 2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

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.