Rockwell Automation, Inc. $ROK Shares Sold by Buckhead Capital Management LLC

Buckhead Capital Management LLC lessened its stake in Rockwell Automation, Inc. (NYSE:ROK) by 19.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,421 shares of the industrial products company’s stock after selling 2,261 shares during the period. Buckhead Capital Management LLC’s holdings in Rockwell Automation were worth $3,293,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Rockwell Automation during the second quarter valued at approximately $368,575,000. Holocene Advisors LP boosted its stake in Rockwell Automation by 128.9% during the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Rockwell Automation by 720.8% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after purchasing an additional 350,662 shares during the period. Ontario Teachers Pension Plan Board lifted its holdings in shares of Rockwell Automation by 7,730.3% in the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after buying an additional 350,261 shares during the period. Finally, Marshall Wace LLP boosted its stake in Rockwell Automation by 294.5% during the second quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock valued at $142,664,000 after buying an additional 320,627 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of Rockwell Automation stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $403.45, for a total transaction of $956,176.50. Following the transaction, the senior vice president owned 1,964 shares of the company’s stock, valued at $792,375.80. The trade was a 54.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Blake D. Moret sold 61,700 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $391.56, for a total value of $24,159,252.00. Following the completion of the transaction, the chief executive officer owned 83,873 shares in the company, valued at $32,841,311.88. This represents a 42.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 87,253 shares of company stock valued at $34,405,319 in the last ninety days. Company insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ROK. Robert W. Baird lifted their target price on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. TD Cowen raised their price objective on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Barclays lifted their price objective on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $403.31.

Rockwell Automation Stock Performance

Shares of ROK opened at $391.59 on Friday. The company has a 50-day moving average of $376.88 and a two-hundred day moving average of $353.16. The stock has a market cap of $43.97 billion, a price-to-earnings ratio of 51.12, a PEG ratio of 2.61 and a beta of 1.50. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $415.89.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same quarter in the previous year, the business earned $2.47 earnings per share. The firm’s revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities research analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s payout ratio is 72.06%.

Rockwell Automation 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.