Telos Capital Management Inc. Has $6.10 Million Position in Rockwell Automation, Inc. (NYSE:ROK)

Telos Capital Management Inc. grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 0.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,357 shares of the industrial products company’s stock after buying an additional 47 shares during the quarter. Telos Capital Management Inc.’s holdings in Rockwell Automation were worth $6,103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Prospera Financial Services Inc raised its position in shares of Rockwell Automation by 0.9% in the 3rd quarter. Prospera Financial Services Inc now owns 4,033 shares of the industrial products company’s stock valued at $1,083,000 after buying an additional 37 shares in the last quarter. Fortitude Advisory Group L.L.C. raised its position in shares of Rockwell Automation by 3.8% in the 4th quarter. Fortitude Advisory Group L.L.C. now owns 1,082 shares of the industrial products company’s stock valued at $309,000 after buying an additional 40 shares in the last quarter. Great Valley Advisor Group Inc. raised its position in shares of Rockwell Automation by 2.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 1,928 shares of the industrial products company’s stock valued at $518,000 after buying an additional 42 shares in the last quarter. Richardson Financial Services Inc. raised its position in shares of Rockwell Automation by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 96 shares of the industrial products company’s stock valued at $26,000 after buying an additional 48 shares in the last quarter. Finally, Moran Wealth Management LLC grew its holdings in shares of Rockwell Automation by 2.1% during the 3rd quarter. Moran Wealth Management LLC now owns 2,342 shares of the industrial products company’s stock valued at $629,000 after purchasing an additional 48 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Rockwell Automation Trading Down 0.8 %

NYSE:ROK opened at $268.28 on Friday. The firm’s fifty day moving average is $286.79 and its 200-day moving average is $275.05. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 1.08. Rockwell Automation, Inc. has a 52 week low of $242.81 and a 52 week high of $304.29. The firm has a market cap of $30.32 billion, a P/E ratio of 32.40, a P/E/G ratio of 3.00 and a beta of 1.35.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Thursday, November 7th. The industrial products company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.07. Rockwell Automation had a net margin of 11.53% and a return on equity of 30.42%. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same period in the prior year, the firm posted $3.64 EPS. The company’s quarterly revenue was down 20.6% on a year-over-year basis. Equities analysts expect that Rockwell Automation, Inc. will post 9.32 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th will be paid a $1.31 dividend. This represents a $5.24 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Tuesday, February 18th. Rockwell Automation’s dividend payout ratio is currently 63.29%.

Insider Activity

In related news, VP Isaac Woods sold 895 shares of the business’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $274.72, for a total transaction of $245,874.40. Following the transaction, the vice president now owns 1,198 shares in the company, valued at $329,114.56. The trade was a 42.76 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Blake D. Moret sold 26,700 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $298.63, for a total transaction of $7,973,421.00. Following the transaction, the chief executive officer now owns 78,115 shares in the company, valued at $23,327,482.45. The trade was a 25.47 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,857 shares of company stock valued at $10,678,037. 0.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group raised shares of Rockwell Automation from a “hold” rating to a “buy” rating and lifted their price target for the company from $290.00 to $350.00 in a report on Thursday, December 12th. Barclays decreased their price target on shares of Rockwell Automation from $290.00 to $285.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. BNP Paribas assumed coverage on shares of Rockwell Automation in a report on Wednesday, November 13th. They set an “outperform” rating and a $345.00 price target on the stock. HSBC raised shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $355.00 price target on the stock in a report on Wednesday, December 11th. Finally, Citigroup lifted their price target on shares of Rockwell Automation from $313.00 to $345.00 and gave the company a “buy” rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $304.16.

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.