Allstate Corp Makes New $1.41 Million Investment in Rockwell Automation, Inc. $ROK

Allstate Corp bought a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,032 shares of the industrial products company’s stock, valued at approximately $1,409,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation in the 4th quarter worth $281,000. AQR Capital Management LLC grew its holdings in shares of Rockwell Automation by 75.9% in the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock valued at $2,059,000 after purchasing an additional 3,513 shares during the period. Empowered Funds LLC increased its position in Rockwell Automation by 142.7% during the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after purchasing an additional 4,295 shares during the last quarter. Acadian Asset Management LLC increased its position in Rockwell Automation by 233.6% during the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 1,315 shares during the last quarter. Finally, CX Institutional raised its stake in Rockwell Automation by 29.3% during the second quarter. CX Institutional now owns 808 shares of the industrial products company’s stock worth $268,000 after purchasing an additional 183 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In other news, SVP Matthew W. Fordenwalt sold 146 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total transaction of $58,762.08. Following the sale, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $1,785,803.76. The trade was a 3.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of Rockwell Automation stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $392.00, for a total transaction of $313,600.00. Following the completion of the sale, the vice president owned 1,234 shares of the company’s stock, valued at approximately $483,728. This trade represents a 39.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 88,053 shares of company stock valued at $34,718,919 in the last quarter. Insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

NYSE ROK opened at $403.99 on Wednesday. The firm has a market cap of $45.36 billion, a P/E ratio of 52.74, a P/E/G ratio of 2.77 and a beta of 1.52. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $425.90. The business’s 50-day moving average price is $397.33 and its 200 day moving average price is $366.17. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the firm posted $2.47 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. 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 business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s dividend payout ratio is 72.06%.

Wall Street Analysts Forecast Growth

ROK has been the subject of a number of recent analyst reports. Citigroup raised their price objective on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Wells Fargo & Company lifted their price target on shares of Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Morgan Stanley upped their price objective on shares of Rockwell Automation from $435.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and a consensus target price of $406.69.

Rockwell Automation Company Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.