Northwestern Mutual Wealth Management Co. Has $7.02 Million Stake in Rockwell Automation, Inc. $ROK

Northwestern Mutual Wealth Management Co. raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 19.9% in the fourth quarter, Holdings Channel reports. The fund owned 18,031 shares of the industrial products company’s stock after acquiring an additional 2,992 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Rockwell Automation were worth $7,015,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ROK. First Horizon Corp acquired a new position in Rockwell Automation in the fourth quarter valued at about $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Rockwell Automation during the fourth quarter worth about $33,000. Fortitude Family Office LLC grew its holdings in shares of Rockwell Automation by 109.5% during the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after buying an additional 46 shares in the last quarter. Ameriflex Group Inc. grew its holdings in shares of Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after buying an additional 50 shares in the last quarter. Finally, Dynamic Wealth Strategies LLC grew its holdings in shares of Rockwell Automation by 80.7% during the fourth quarter. Dynamic Wealth Strategies LLC now owns 103 shares of the industrial products company’s stock worth $40,000 after buying an additional 46 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Barclays increased their price objective on Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Rothschild & Co Redburn increased their price objective on Rockwell Automation from $365.00 to $378.00 in a report on Wednesday, May 6th. BNP Paribas Exane increased their price objective on Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, HSBC raised their price target on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $449.16.

Rockwell Automation Stock Up 1.4%

ROK stock opened at $463.23 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $51.54 billion, a PE ratio of 48.15, a PEG ratio of 2.92 and a beta of 1.57. Rockwell Automation, Inc. has a 1-year low of $305.44 and a 1-year high of $465.32. The business’s 50 day simple moving average is $410.85 and its 200 day simple moving average is $402.06.

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

Rockwell Automation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be paid a dividend of $1.38 per share. The ex-dividend date is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio (DPR) is 57.38%.

Insider Activity at Rockwell Automation

In other news, SVP Christopher Nardecchia sold 2,538 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the transaction, the senior vice president owned 14,232 shares in the company, valued at approximately $6,353,591.76. This trade represents a 15.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the stock in a transaction that occurred 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 transaction, the vice president owned 134 shares in the company, valued at approximately $60,563.98. This trade represents a 96.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,713 shares of company stock valued at $5,066,717 in the last 90 days. Corporate insiders own 0.76% of the company’s stock.

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.