Bank Julius Baer & Co. Ltd Zurich Has $12.16 Million Stock Position in Rockwell Automation, Inc. $ROK

Bank Julius Baer & Co. Ltd Zurich lowered its position in Rockwell Automation, Inc. (NYSE:ROK) by 31.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 33,281 shares of the industrial products company’s stock after selling 14,993 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Rockwell Automation were worth $12,159,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ROK. Capital Investment Advisors LLC raised its holdings in shares of Rockwell Automation by 5.7% in the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after purchasing an additional 119 shares during the last quarter. Patton Fund Management Inc. bought a new stake in Rockwell Automation in the 2nd quarter worth about $294,000. Brighton Jones LLC bought a new stake in Rockwell Automation in the 4th quarter worth about $281,000. Integrity Alliance LLC. purchased a new stake in Rockwell Automation in the 1st quarter valued at about $293,000. Finally, Focus Partners Wealth lifted its position in shares of Rockwell Automation by 20.4% during the 1st quarter. Focus Partners Wealth now owns 13,348 shares of the industrial products company’s stock worth $3,449,000 after buying an additional 2,264 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Up 2.7%

Shares of ROK opened at $378.77 on Friday. The business has a 50-day moving average of $357.03 and a 200 day moving average of $340.55. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $398.20. The firm has a market cap of $42.53 billion, a P/E ratio of 44.46, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating the consensus estimate of $2.94 by $0.40. The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The company’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s payout ratio is 72.06%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Citigroup reissued a “buy” rating on shares of Rockwell Automation in a research report on Thursday, October 9th. Morgan Stanley raised their target price on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. Robert W. Baird boosted their price target on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday. Finally, KeyCorp increased their price target on shares of Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Rockwell Automation currently has a consensus rating of “Moderate Buy” and an average price target of $371.44.

Insiders Place Their Bets

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $391.56, for a total transaction of $24,159,252.00. Following the sale, the chief executive officer owned 83,873 shares of the company’s stock, valued at $32,841,311.88. The trade was a 42.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Isaac Woods sold 365 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $348.44, for a total value of $127,180.60. Following the sale, the vice president owned 1,691 shares in the company, valued at approximately $589,212.04. This represents a 17.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 92,075 shares of company stock worth $34,820,361 in the last three months. Insiders own 0.68% of the company’s stock.

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.