Rockwell Automation, Inc. (NYSE:ROK) Shares Acquired by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE lifted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,680 shares of the industrial products company’s stock after purchasing an additional 80 shares during the period. Regency Capital Management Inc. DE’s holdings in Rockwell Automation were worth $480,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. increased its stake in Rockwell Automation by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 96 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 48 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Rockwell Automation during the 3rd quarter worth $26,000. West Oak Capital LLC boosted its position in shares of Rockwell Automation by 455.6% in the 4th quarter. West Oak Capital LLC now owns 100 shares of the industrial products company’s stock worth $29,000 after buying an additional 82 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in Rockwell Automation during the 3rd quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Rockwell Automation during the second quarter worth about $36,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Rockwell Automation Price Performance

Shares of Rockwell Automation stock opened at $288.08 on Friday. The stock has a market capitalization of $32.56 billion, a P/E ratio of 34.79, a PEG ratio of 3.11 and a beta of 1.36. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. The business’s fifty day moving average price is $288.50 and its 200 day moving average price is $275.08. Rockwell Automation, Inc. has a twelve month low of $242.81 and a twelve month high of $307.71.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, November 7th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.07. Rockwell Automation had a return on equity of 30.42% and a net margin of 11.53%. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.06 billion. During the same quarter in the previous year, the business earned $3.64 EPS. The company’s revenue for the quarter was down 20.6% on a year-over-year basis. As a group, research analysts anticipate that Rockwell Automation, Inc. will post 9.32 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Monday, November 18th were issued a dividend of $1.31 per share. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Monday, November 18th. This represents a $5.24 annualized dividend and a dividend yield of 1.82%. Rockwell Automation’s payout ratio is presently 63.29%.

Analyst Ratings Changes

ROK has been the subject of a number of recent research reports. Oppenheimer raised their price objective on shares of Rockwell Automation from $288.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Jefferies Financial Group raised Rockwell Automation from a “hold” rating to a “buy” rating and raised their price target for the stock from $290.00 to $350.00 in a research report on Thursday, December 12th. Stephens upgraded Rockwell Automation from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $275.00 to $350.00 in a research report on Thursday, January 16th. Mizuho lifted their price objective on Rockwell Automation from $245.00 to $270.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Finally, Citigroup upped their target price on shares of Rockwell Automation from $313.00 to $345.00 and gave the company a “buy” rating in a report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $304.16.

Insider Buying and Selling

In other news, VP John M. Miller sold 467 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $284.07, for a total transaction of $132,660.69. Following the transaction, the vice president now directly owns 4,800 shares of the company’s stock, valued at approximately $1,363,536. The trade was a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Blake D. Moret sold 26,700 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $298.63, for a total transaction of $7,973,421.00. Following the sale, the chief executive officer now directly owns 78,115 shares of the company’s stock, valued at approximately $23,327,482.45. The trade was a 25.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 36,436 shares of company stock valued at $10,832,549. Company insiders own 0.68% of the company’s stock.

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.