Tradewinds LLC. Has $6.08 Million Holdings in Rockwell Automation, Inc. (NYSE:ROK)

Tradewinds LLC. boosted its position in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,036 shares of the industrial products company's stock after acquiring an additional 1,817 shares during the quarter. Rockwell Automation accounts for about 1.7% of Tradewinds LLC.'s holdings, making the stock its 18th biggest holding. Tradewinds LLC.'s holdings in Rockwell Automation were worth $6,077,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Rockwell Automation by 0.9% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,775 shares of the industrial products company's stock worth $1,079,000 after purchasing an additional 33 shares during the last quarter. Whittier Trust Co. lifted its holdings in Rockwell Automation by 1.9% during the 4th quarter. Whittier Trust Co. now owns 1,896 shares of the industrial products company's stock worth $542,000 after buying an additional 35 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Rockwell Automation by 0.9% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 4,195 shares of the industrial products company's stock worth $1,199,000 after acquiring an additional 38 shares in the last quarter. Lake Street Advisors Group LLC increased its holdings in shares of Rockwell Automation by 3.0% in the 4th quarter. Lake Street Advisors Group LLC now owns 1,351 shares of the industrial products company's stock valued at $386,000 after acquiring an additional 39 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. raised its position in shares of Rockwell Automation by 3.8% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 1,082 shares of the industrial products company's stock worth $309,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company's stock.

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Analyst Upgrades and Downgrades

ROK has been the subject of several research analyst reports. BNP Paribas cut shares of Rockwell Automation from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 11th. Citigroup raised their price objective on Rockwell Automation from $345.00 to $350.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Barclays reduced their target price on Rockwell Automation from $285.00 to $280.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. The Goldman Sachs Group raised their price target on Rockwell Automation from $257.00 to $290.00 and gave the stock a "sell" rating in a research note on Tuesday, February 11th. Finally, Jefferies Financial Group upgraded Rockwell Automation from a "hold" rating to a "buy" rating and boosted their price objective for the company from $290.00 to $350.00 in a research note on Thursday, December 12th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $307.42.

Insider Buying and Selling

In other Rockwell Automation news, VP Scott Genereux sold 500 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $290.14, for a total value of $145,070.00. Following the transaction, the vice president now owns 1,905 shares of the company's stock, valued at approximately $552,716.70. This represents a 20.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Tessa M. Myers sold 1,231 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $285.43, for a total value of $351,364.33. Following the sale, the senior vice president now owns 3,650 shares of the company's stock, valued at $1,041,819.50. This trade represents a 25.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,352 shares of company stock worth $1,246,298 in the last ninety days. 0.68% of the stock is currently owned by corporate insiders.

Rockwell Automation Stock Performance

ROK stock traded down $11.91 on Friday, reaching $227.25. The company's stock had a trading volume of 1,295,266 shares, compared to its average volume of 853,232. Rockwell Automation, Inc. has a 52 week low of $218.78 and a 52 week high of $308.70. The firm has a fifty day moving average of $276.11 and a two-hundred day moving average of $278.48. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 0.72. The company has a market capitalization of $25.70 billion, a P/E ratio of 28.30, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39.

Rockwell Automation (NYSE:ROK - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The industrial products company reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.22. Rockwell Automation had a net margin of 11.38% and a return on equity of 30.17%. As a group, analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 19th will be paid a $1.31 dividend. The ex-dividend date is Monday, May 19th. This represents a $5.24 annualized dividend and a dividend yield of 2.31%. Rockwell Automation's dividend payout ratio is currently 65.26%.

Rockwell Automation Company Profile

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.