Vontobel Holding Ltd. Has $5.53 Million Stock Position in Rockwell Automation, Inc. (NYSE:ROK)

Vontobel Holding Ltd. grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 3.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,820 shares of the industrial products company’s stock after buying an additional 543 shares during the period. Vontobel Holding Ltd.’s holdings in Rockwell Automation were worth $5,533,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KLCM Advisors Inc. boosted its stake in Rockwell Automation by 16.6% in the 3rd quarter. KLCM Advisors Inc. now owns 1,136 shares of the industrial products company’s stock worth $325,000 after purchasing an additional 162 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its position in Rockwell Automation by 9.4% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,728 shares of the industrial products company’s stock worth $780,000 after buying an additional 234 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in Rockwell Automation by 676.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 32,156 shares of the industrial products company’s stock worth $9,984,000 after buying an additional 28,016 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Rockwell Automation by 0.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 11,423 shares of the industrial products company’s stock worth $3,266,000 after buying an additional 97 shares in the last quarter. Finally, McGuire Investment Group LLC lifted its position in Rockwell Automation by 106.4% during the 4th quarter. McGuire Investment Group LLC now owns 16,455 shares of the industrial products company’s stock worth $5,109,000 after buying an additional 8,484 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Stock Down 1.0 %

Shares of ROK opened at $278.65 on Thursday. Rockwell Automation, Inc. has a 52 week low of $252.11 and a 52 week high of $348.52. The firm has a market cap of $31.93 billion, a P/E ratio of 26.51, a price-to-earnings-growth ratio of 2.83 and a beta of 1.43. The firm’s 50-day simple moving average is $283.24 and its 200 day simple moving average is $284.34. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.80 and a current ratio of 1.25.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Wednesday, January 31st. The industrial products company reported $2.04 EPS for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.58). Rockwell Automation had a net margin of 13.35% and a return on equity of 37.22%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter last year, the company posted $2.46 EPS. On average, analysts forecast that Rockwell Automation, Inc. will post 12.03 earnings per share for the current year.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Monday, May 13th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.79%. Rockwell Automation’s payout ratio is presently 47.57%.

Analyst Upgrades and Downgrades

ROK has been the topic of several analyst reports. JPMorgan Chase & Co. reissued an “underweight” rating and set a $254.00 price target on shares of Rockwell Automation in a research report on Thursday, March 21st. Barclays cut their price target on shares of Rockwell Automation from $269.00 to $265.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 2nd. UBS Group raised shares of Rockwell Automation from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $305.00 to $360.00 in a research report on Wednesday, January 3rd. Citigroup dropped their target price on shares of Rockwell Automation from $330.00 to $322.00 and set a “buy” rating on the stock in a report on Monday, April 8th. Finally, Mizuho dropped their target price on shares of Rockwell Automation from $300.00 to $265.00 and set a “neutral” rating on the stock in a report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Rockwell Automation currently has an average rating of “Hold” and an average target price of $310.08.

Insiders Place Their Bets

In other Rockwell Automation news, VP Brian A. Shepherd sold 637 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $262.87, for a total transaction of $167,448.19. Following the transaction, the vice president now owns 5,088 shares in the company, valued at approximately $1,337,482.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Rockwell Automation news, VP Brian A. Shepherd sold 637 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $262.87, for a total transaction of $167,448.19. Following the transaction, the vice president now owns 5,088 shares in the company, valued at approximately $1,337,482.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Scott Genereux sold 500 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $280.52, for a total transaction of $140,260.00. Following the transaction, the vice president now owns 4,383 shares in the company, valued at approximately $1,229,519.16. The disclosure for this sale can be found here. Insiders have sold a total of 17,877 shares of company stock worth $5,058,772 in the last quarter. Corporate insiders own 0.68% of the company’s stock.

About Rockwell Automation

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.