Stance Capital LLC Acquires Shares of 7,840 Rockwell Automation, Inc. $ROK

Stance Capital LLC acquired a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,840 shares of the industrial products company’s stock, valued at approximately $2,604,000. Rockwell Automation makes up approximately 1.0% of Stance Capital LLC’s investment portfolio, making the stock its 14th largest position.

Other large investors also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. purchased a new stake in Rockwell Automation in the 2nd quarter valued at $527,000. Advisory Services Network LLC lifted its position in shares of Rockwell Automation by 361.8% during the 2nd quarter. Advisory Services Network LLC now owns 11,134 shares of the industrial products company’s stock worth $3,916,000 after buying an additional 8,723 shares in the last quarter. State of Wyoming purchased a new position in shares of Rockwell Automation in the 2nd quarter worth approximately $384,000. Caxton Associates LLP grew its holdings in shares of Rockwell Automation by 38.7% in the second quarter. Caxton Associates LLP now owns 5,187 shares of the industrial products company’s stock valued at $1,723,000 after acquiring an additional 1,447 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in Rockwell Automation in the second quarter worth $100,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Down 1.9%

ROK opened at $405.06 on Friday. The business’s fifty day simple moving average is $372.87 and its 200 day simple moving average is $351.14. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $415.89. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock has a market cap of $45.48 billion, a PE ratio of 52.88, a P/E/G ratio of 2.72 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last posted 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 firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, research analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s payout ratio is 72.06%.

Insider Transactions at Rockwell Automation

In other news, VP Terry L. Riesterer sold 225 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.13, for a total value of $90,479.25. Following the completion of the sale, the vice president owned 2,034 shares of the company’s stock, valued at approximately $817,932.42. This represents a 9.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Matthew W. Fordenwalt sold 146 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total transaction of $58,762.08. Following the completion of the transaction, the senior vice president owned 4,437 shares in the company, valued at approximately $1,785,803.76. The trade was a 3.19% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 87,253 shares of company stock worth $34,405,319. Corporate insiders own 0.68% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on ROK. Robert W. Baird lifted their target price on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Jefferies Financial Group lifted their price objective on shares of Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research report on Wednesday. Morgan Stanley boosted their target price on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. TD Cowen boosted their price target on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Finally, Bank of America raised their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus target price of $390.33.

Rockwell Automation Profile

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.