Chevy Chase Trust Holdings Inc. boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 2.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,950 shares of the industrial products company’s stock after acquiring an additional 2,833 shares during the quarter. Chevy Chase Trust Holdings Inc. owned 0.09% of Rockwell Automation worth $20,307,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Keel Point LLC increased its position in shares of Rockwell Automation by 0.3% during the 2nd quarter. Keel Point LLC now owns 1,724 shares of the industrial products company’s stock valued at $279,000 after purchasing an additional 6 shares during the period. Sfmg LLC boosted its stake in shares of Rockwell Automation by 0.4% during the 2nd quarter. Sfmg LLC now owns 1,796 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 8 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Rockwell Automation by 0.5% during the 2nd quarter. Westside Investment Management Inc. now owns 1,666 shares of the industrial products company’s stock worth $274,000 after acquiring an additional 9 shares in the last quarter. Guyasuta Investment Advisors Inc. boosted its stake in shares of Rockwell Automation by 0.3% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 3,928 shares of the industrial products company’s stock worth $636,000 after acquiring an additional 10 shares in the last quarter. Finally, QS Investors LLC boosted its stake in shares of Rockwell Automation by 0.4% during the 2nd quarter. QS Investors LLC now owns 2,907 shares of the industrial products company’s stock worth $471,000 after acquiring an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Several research firms have recently weighed in on ROK. lowered Rockwell Automation from a “hold” rating to a “reduce” rating in a research note on Thursday, November 2nd. J P Morgan Chase & Co began coverage on Rockwell Automation in a research note on Wednesday, November 29th. They set a “neutral” rating for the company. Wolfe Research raised Rockwell Automation from a “market perform” rating to an “outperform” rating in a research note on Monday, November 20th. Oppenheimer reissued a “hold” rating on shares of Rockwell Automation in a research note on Monday, November 20th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $198.00 price objective on shares of Rockwell Automation in a research note on Monday. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the stock. Rockwell Automation currently has an average rating of “Hold” and a consensus price target of $167.87.

In related news, insider Blake D. Moret sold 5,677 shares of Rockwell Automation stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $170.10, for a total transaction of $965,657.70. Following the completion of the sale, the insider now owns 21,426 shares of the company’s stock, valued at $3,644,562.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Blake D. Moret sold 1,723 shares of Rockwell Automation stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $170.06, for a total value of $293,013.38. Following the sale, the insider now directly owns 22,849 shares of the company’s stock, valued at approximately $3,885,700.94. The disclosure for this sale can be found here. In the last ninety days, insiders bought 1,340 shares of company stock valued at $137,336 and sold 18,170 shares valued at $3,313,542. Company insiders own 1.65% of the company’s stock.

Shares of Rockwell Automation, Inc. (ROK) traded down $1.39 during trading on Tuesday, hitting $191.47. The stock had a trading volume of 485,800 shares, compared to its average volume of 875,929. The firm has a market capitalization of $24,783.07, a PE ratio of 28.57, a PEG ratio of 2.16 and a beta of 1.23. The company has a current ratio of 2.06, a quick ratio of 1.80 and a debt-to-equity ratio of 0.47. Rockwell Automation, Inc. has a 1-year low of $133.61 and a 1-year high of $210.72.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were given a $0.835 dividend. This represents a $3.34 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Friday, November 10th. This is a boost from Rockwell Automation’s previous quarterly dividend of $0.76. Rockwell Automation’s dividend payout ratio (DPR) is 52.68%.

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Rockwell Automation 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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