Nwam LLC Grows Position in Rockwell Automation, Inc. $ROK

Nwam LLC grew its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 184.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,510 shares of the industrial products company’s stock after buying an additional 11,356 shares during the period. Nwam LLC’s holdings in Rockwell Automation were worth $8,669,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Virtus Advisers LLC purchased a new stake in shares of Rockwell Automation in the second quarter valued at approximately $25,000. MV Capital Management Inc. acquired a new position in Rockwell Automation during the fourth quarter worth $28,000. Manchester Capital Management LLC grew its holdings in Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after buying an additional 39 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Rockwell Automation in the 1st quarter worth $31,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Rockwell Automation during the 4th quarter valued at about $33,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Rockwell Automation news, Director Patricia A. Watson sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the transaction, the director owned 6,385 shares of the company’s stock, valued at $2,754,680.55. This trade represents a 14.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Christian E. Rothe sold 590 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $434.30, for a total transaction of $256,237.00. Following the completion of the transaction, the chief financial officer owned 10,429 shares of the company’s stock, valued at approximately $4,529,314.70. This trade represents a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 2,067 shares of company stock worth $904,422 in the last ninety days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Trading Down 1.6%

Shares of NYSE ROK opened at $424.01 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $47.09 billion, a PE ratio of 39.74, a PEG ratio of 2.52 and a beta of 1.54. Rockwell Automation, Inc. has a twelve month low of $332.71 and a twelve month high of $497.36. The stock has a fifty day simple moving average of $457.25 and a 200-day simple moving average of $427.51.

Rockwell Automation (NYSE:ROK) last posted its 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. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.Rockwell Automation’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, equities analysts forecast that Rockwell Automation, Inc. will post 13.21 earnings per share for the current year.

Rockwell Automation declared that its Board of Directors has initiated a share repurchase program on Tuesday, June 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Rockwell Automation Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Rothschild & Co Redburn lifted their target price on shares of Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Robert W. Baird set a $514.00 price target on shares of Rockwell Automation in a research report on Wednesday, August 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Evercore set a $485.00 price objective on Rockwell Automation in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company lifted their target price on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $468.19.

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.