SilverOak Wealth Management LLC Sells 1,300 Shares of Rockwell Automation, Inc. $ROK

SilverOak Wealth Management LLC reduced its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 15.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,094 shares of the industrial products company’s stock after selling 1,300 shares during the quarter. Rockwell Automation comprises approximately 0.4% of SilverOak Wealth Management LLC’s holdings, making the stock its 27th biggest position. SilverOak Wealth Management LLC’s holdings in Rockwell Automation were worth $2,480,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ROK. Thurston Springer Miller Herd & Titak Inc. boosted its position in Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation during the 2nd quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Rockwell Automation during the 2nd quarter worth about $39,000. SBI Securities Co. Ltd. lifted its stake in shares of Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in Rockwell Automation in the 2nd quarter valued at about $40,000. Institutional investors own 75.75% of the company’s stock.

Insider Activity

In other news, VP Terry L. Riesterer sold 800 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $392.00, for a total transaction of $313,600.00. Following the completion of the transaction, the vice president owned 1,234 shares of the company’s stock, valued at approximately $483,728. This trade represents a 39.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Isaac Woods sold 229 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $401.92, for a total transaction of $92,039.68. Following the transaction, the vice president owned 2,058 shares in the company, valued at approximately $827,151.36. This trade represents a 10.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 88,053 shares of company stock worth $34,718,919. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Shares of ROK stock opened at $410.56 on Friday. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $415.89. 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 business has a fifty day simple moving average of $391.60 and a 200 day simple moving average of $361.84. The company has a market cap of $46.09 billion, a P/E ratio of 53.60, a P/E/G ratio of 2.71 and a beta of 1.52.

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

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid 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 dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s payout ratio is currently 72.06%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays raised their price objective on shares of Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Bank of America increased their price objective on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Evercore ISI assumed coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They issued an “in-line” rating and a $440.00 target price for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $406.13.

Rockwell Automation 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.