Rockwell Automation, Inc. $ROK Stake Boosted by Andra AP fonden

Andra AP fonden boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 10.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,400 shares of the industrial products company’s stock after purchasing an additional 1,500 shares during the quarter. Andra AP fonden’s holdings in Rockwell Automation were worth $5,448,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ROK. Brighton Jones LLC bought a new stake in shares of Rockwell Automation during the 4th quarter valued at about $281,000. Envestnet Asset Management Inc. lifted its holdings in Rockwell Automation by 46.4% in the first quarter. Envestnet Asset Management Inc. now owns 279,852 shares of the industrial products company’s stock worth $72,308,000 after acquiring an additional 88,713 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in Rockwell Automation by 27.1% in the first quarter. TD Private Client Wealth LLC now owns 1,938 shares of the industrial products company’s stock valued at $501,000 after acquiring an additional 413 shares during the period. U.S. Capital Wealth Advisors LLC bought a new position in shares of Rockwell Automation during the first quarter valued at approximately $240,000. Finally, Valeo Financial Advisors LLC grew its holdings in shares of Rockwell Automation by 64.4% during the first quarter. Valeo Financial Advisors LLC now owns 2,022 shares of the industrial products company’s stock valued at $522,000 after purchasing an additional 792 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Insider Activity

In related news, Director James P. Keane sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total transaction of $1,068,180.00. Following the completion of the transaction, the director owned 9,192 shares of the company’s stock, valued at $3,272,903.52. This trade represents a 24.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Cyril Perducat sold 1,435 shares of Rockwell Automation stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $348.08, for a total value of $499,494.80. Following the transaction, the senior vice president directly owned 3,787 shares in the company, valued at approximately $1,318,178.96. The trade was a 27.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,375 shares of company stock worth $10,661,109 in the last quarter. 0.68% of the stock is currently owned by corporate insiders.

Rockwell Automation Stock Performance

Shares of ROK opened at $373.67 on Friday. The firm has a market capitalization of $42.01 billion, a PE ratio of 43.86, a P/E/G ratio of 3.30 and a beta of 1.45. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average price of $349.71 and a 200 day moving average price of $331.38. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $396.89.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. Rockwell Automation’s payout ratio is currently 64.79%.

Analyst Ratings Changes

ROK has been the topic of several recent research reports. Wells Fargo & Company raised their price target on Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a report on Friday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a research report on Wednesday, October 8th. KeyCorp boosted their price target on shares of Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. Barclays upped their price target on shares of Rockwell Automation from $370.00 to $417.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Citigroup reiterated a “buy” rating on shares of Rockwell Automation in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $353.39.

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.