NewEdge Wealth LLC Invests $1.11 Million in Rockwell Automation, Inc. $ROK

22 Aug 2026, 05:53 by Teresa Graham · The Cerbat Gem

NewEdge Wealth LLC purchased a new stake in Rockwell Automation, Inc. (NYSE:ROK – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 2,234 shares of the industrial products company’s stock, valued at approximately $1,106,000.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Rockwell Automation by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock worth $5,527,249,000 after buying an additional 114,469 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Rockwell Automation during the second quarter worth $6,129,376,000. State Street Corp lifted its holdings in shares of Rockwell Automation by 4.2% during the fourth quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock worth $1,943,844,000 after purchasing an additional 202,705 shares during the period. Geode Capital Management LLC grew its position in Rockwell Automation by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after buying an additional 17,855 shares during the last quarter. Finally, Morgan Stanley increased its stake in Rockwell Automation by 10.4% in the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after buying an additional 276,021 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling

In related news, SVP Matthew W. Fordenwalt sold 377 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total value of $173,612.27. Following the sale, the senior vice president owned 4,437 shares in the company, valued at $2,043,282.87. This represents a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Christian E. Rothe sold 590 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total value of $256,237.00. Following the completion of the transaction, the chief financial officer directly owned 10,429 shares of the company’s stock, valued at $4,529,314.70. The trade was a 5.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,185 shares of company stock valued at $529,331. Insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ROK. HSBC upped their price objective on shares of Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. DA Davidson lowered their target price on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating on the stock in a report on Friday. The Goldman Sachs Group boosted their price target on shares of Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and set a $525.00 price target on shares of Rockwell Automation in a report on Wednesday, May 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Rockwell Automation in a research report on Thursday, June 18th. Nine research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $468.19.

Check Out Our Latest Report on ROK

Rockwell Automation Stock Performance

NYSE:ROK opened at $437.50 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.74. Rockwell Automation, Inc. has a fifty-two week low of $332.71 and a fifty-two week high of $497.36. The stock has a market cap of $48.58 billion, a PE ratio of 41.00, a price-to-earnings-growth ratio of 2.52 and a beta of 1.54. The firm’s fifty day simple moving average is $461.98 and its 200-day simple moving average is $427.00.

Rockwell Automation (NYSE:ROK – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the firm posted $2.82 EPS. The business’s revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Analysts expect that Rockwell Automation, Inc. will post 13.22 earnings per share for the current fiscal year.

Rockwell Automation declared that its Board of Directors has authorized a share repurchase plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is 51.73%.

Rockwell Automation Profile

(Free Report)

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.