Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $8.16 Million Stock Position in Rockwell Automation, Inc. $ROK

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its stake in Rockwell Automation, Inc. (NYSE:ROK) by 10.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,853 shares of the industrial products company’s stock after selling 2,756 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Rockwell Automation were worth $8,162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of ROK. Norges Bank bought a new stake in Rockwell Automation in the second quarter valued at $368,575,000. Holocene Advisors LP boosted its stake in shares of Rockwell Automation by 128.9% in the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Rockwell Automation by 720.8% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock worth $132,638,000 after purchasing an additional 350,662 shares during the last quarter. Ontario Teachers Pension Plan Board increased its position in shares of Rockwell Automation by 7,730.3% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after purchasing an additional 350,261 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in Rockwell Automation by 294.5% during the 2nd quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock valued at $142,664,000 after purchasing an additional 320,627 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $410.56 on Monday. The business’s 50-day simple moving average is $391.60 and its 200 day simple moving average is $362.37. 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 $46.09 billion, a price-to-earnings ratio of 53.60, a P/E/G ratio of 2.75 and a beta of 1.52. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $415.89.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the previous year, the business posted $2.47 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, research analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were issued a $1.38 dividend. 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 1.3%. The ex-dividend date was Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $391.56, for a total transaction of $24,159,252.00. Following the completion of the sale, the chief executive officer owned 83,873 shares of the company’s stock, valued at approximately $32,841,311.88. The trade was a 42.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Scott Genereux sold 1,387 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total value of $557,615.61. Following the completion of the transaction, the vice president directly owned 4,514 shares in the company, valued at approximately $1,814,763.42. This trade represents a 23.50% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 88,053 shares of company stock valued at $34,718,919. 0.76% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ROK has been the topic of several research analyst reports. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a report on Friday, November 7th. Zacks Research raised Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Jefferies Financial Group increased their target price on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus target price of $406.13.

Rockwell Automation Company 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.