Signaturefd LLC Has $129,000 Stake in Rockwell Automation (NYSE:ROK)

Signaturefd LLC lifted its holdings in shares of Rockwell Automation (NYSE:ROK) by 9.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 786 shares of the industrial products company’s stock after acquiring an additional 69 shares during the period. Signaturefd LLC’s holdings in Rockwell Automation were worth $129,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Zions Bancorporation N.A. acquired a new stake in shares of Rockwell Automation during the 1st quarter worth approximately $26,000. Coastal Capital Group Inc. acquired a new stake in shares of Rockwell Automation during the 2nd quarter worth approximately $25,000. Thor Advisors LLC acquired a new stake in shares of Rockwell Automation during the 1st quarter worth approximately $29,000. TCG Advisors LP acquired a new stake in shares of Rockwell Automation during the 1st quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of Rockwell Automation during the 1st quarter worth approximately $35,000. Institutional investors own 77.00% of the company’s stock.

Rockwell Automation stock opened at $148.14 on Friday. The company’s 50 day simple moving average is $158.83 and its 200 day simple moving average is $168.36. Rockwell Automation has a fifty-two week low of $141.46 and a fifty-two week high of $198.23. The firm has a market capitalization of $17.91 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 2.26 and a beta of 1.40. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.51 and a quick ratio of 1.17.



Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, July 25th. The industrial products company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.11. Rockwell Automation had a net margin of 15.44% and a return on equity of 78.71%. The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter last year, the firm earned $2.16 EPS. Rockwell Automation’s quarterly revenue was down 2.0% compared to the same quarter last year. As a group, analysts predict that Rockwell Automation will post 8.67 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend is Friday, August 9th. Rockwell Automation’s payout ratio is currently 47.84%.

In other news, VP John M. Miller sold 3,250 shares of Rockwell Automation stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $163.67, for a total value of $531,927.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Michael Laszkiewicz sold 263 shares of Rockwell Automation stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $159.38, for a total transaction of $41,916.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,810 shares of company stock worth $621,819. Insiders own 1.43% of the company’s stock.

Several brokerages have recently commented on ROK. Morgan Stanley lowered their price target on shares of Rockwell Automation from $159.00 to $144.00 and set an “underweight” rating for the company in a research report on Friday, June 14th. Barclays lowered their price target on shares of Rockwell Automation from $164.00 to $162.00 and set an “equal weight” rating for the company in a research report on Monday, July 1st. BMO Capital Markets reduced their price objective on shares of Rockwell Automation from $223.00 to $214.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Wells Fargo & Co reissued a “buy” rating on shares of Rockwell Automation in a research note on Friday, July 26th. Finally, JPMorgan Chase & Co. set a $154.00 price objective on shares of Rockwell Automation and gave the stock a “hold” rating in a research note on Friday, July 19th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. Rockwell Automation has an average rating of “Hold” and a consensus target price of $173.33.

About Rockwell Automation

Rockwell Automation, Inc provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.

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

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