Almanack Investment Partners LLC. Invests $198000 in Rockwell Automation (ROK) Stock
Summary
bought a new position in Rockwell Automation (NYSE:ROK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).Rockwell Automation announced that its board has approved a stock buyback program on Thursday, September 6th that authorizes the company to repurchase $1.00 billion in outstanding shares.In related news, insider Theodore D. Crandall sold 5,533 shares of the stock in a transaction that occurred on Tuesday, July 31st.UBS Group cut their price objective on shares of Rockwell Automation from $210.00 to $205.00 and set a “buy” rating on the stock in a report on Thursday, August 30th.Finally, Barclays restated a “hold” rating and set a $176.00 price objective on shares of Rockwell Automation in a report on Thursday, July 26th.