Commonwealth Equity Services Inc boosted its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 2.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,376 shares of the industrial products company’s stock after acquiring an additional 499 shares during the quarter. Commonwealth Equity Services Inc’s holdings in Rockwell Automation were worth $4,344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of ROK. NN Investment Partners Holdings N.V. lifted its position in Rockwell Automation by 132.1% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 5,452 shares of the industrial products company’s stock worth $883,000 after acquiring an additional 3,103 shares during the period. State of Alaska Department of Revenue lifted its position in Rockwell Automation by 5.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 1,651 shares of the industrial products company’s stock worth $267,000 after acquiring an additional 90 shares during the period. LS Investment Advisors LLC lifted its position in Rockwell Automation by 2.6% during the 2nd quarter. LS Investment Advisors LLC now owns 5,089 shares of the industrial products company’s stock worth $824,000 after acquiring an additional 130 shares during the period. Louisiana State Employees Retirement System lifted its position in Rockwell Automation by 1.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 8,000 shares of the industrial products company’s stock worth $1,296,000 after acquiring an additional 100 shares during the period. Finally, BB&T Corp lifted its position in Rockwell Automation by 8.3% during the 2nd quarter. BB&T Corp now owns 10,556 shares of the industrial products company’s stock worth $1,709,000 after acquiring an additional 808 shares during the period. 73.12% of the stock is owned by institutional investors.

In other Rockwell Automation news, insider Blake D. Moret sold 1,723 shares of the business’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $170.06, for a total transaction of $293,013.38. Following the completion of the sale, the insider now owns 22,849 shares of the company’s stock, valued at $3,885,700.94. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Blake D. Moret sold 5,677 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $170.10, for a total value of $965,657.70. Following the sale, the insider now directly owns 21,426 shares of the company’s stock, valued at approximately $3,644,562.60. The disclosure for this sale can be found here. 1.65% of the stock is currently owned by insiders.

A number of research firms have weighed in on ROK. Zacks Investment Research cut Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Citigroup Inc. raised their price target on Rockwell Automation from $187.00 to $200.00 and gave the company a “neutral” rating in a report on Friday, November 10th. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Rockwell Automation in a report on Thursday, November 9th. cut Rockwell Automation from a “hold” rating to a “reduce” rating in a report on Thursday, November 2nd. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $183.00 price target on shares of Rockwell Automation in a report on Thursday, October 12th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $165.00.

Shares of Rockwell Automation, Inc. (NYSE:ROK) traded up $0.75 during trading hours on Monday, hitting $194.36. The stock had a trading volume of 1,265,300 shares, compared to its average volume of 869,916. The stock has a market capitalization of $24,980.00, a P/E ratio of 28.79, a P/E/G ratio of 2.23 and a beta of 1.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.80 and a current ratio of 2.06. Rockwell Automation, Inc. has a twelve month low of $129.66 and a twelve month high of $210.72.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same period last year, the firm posted $1.52 EPS. Rockwell Automation’s revenue was up 8.4% on a year-over-year basis. research analysts forecast that Rockwell Automation, Inc. will post 7.39 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be given a dividend of $0.835 per share. This represents a $3.34 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Friday, November 10th. This is an increase from Rockwell Automation’s previous quarterly dividend of $0.76. Rockwell Automation’s payout ratio is 52.52%.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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