Rockwell Automation, Inc. $ROK Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI increased its position in Rockwell Automation, Inc. (NYSE:ROKFree Report) by 792.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,831 shares of the industrial products company’s stock after buying an additional 6,954 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Rockwell Automation were worth $2,738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Whittier Trust Co. raised its holdings in Rockwell Automation by 24.1% in the 3rd quarter. Whittier Trust Co. now owns 2,456 shares of the industrial products company’s stock valued at $858,000 after acquiring an additional 477 shares during the last quarter. Sagespring Wealth Partners LLC boosted its holdings in shares of Rockwell Automation by 25.9% during the third quarter. Sagespring Wealth Partners LLC now owns 1,148 shares of the industrial products company’s stock worth $401,000 after purchasing an additional 236 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Rockwell Automation in the third quarter valued at $3,714,000. GHP Investment Advisors Inc. increased its stake in Rockwell Automation by 4.1% in the third quarter. GHP Investment Advisors Inc. now owns 55,988 shares of the industrial products company’s stock valued at $19,570,000 after purchasing an additional 2,202 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. lifted its position in Rockwell Automation by 1.9% during the third quarter. Mn Services Vermogensbeheer B.V. now owns 42,802 shares of the industrial products company’s stock worth $14,961,000 after buying an additional 800 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling at Rockwell Automation

In related news, SVP Rebecca W. House sold 1,698 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total transaction of $682,697.88. Following the completion of the sale, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This trade represents a 12.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $391.56, for a total transaction of $24,159,252.00. Following the sale, the chief executive officer directly owned 83,873 shares in the company, valued at $32,841,311.88. This trade represents a 42.38% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 88,053 shares of company stock valued at $34,718,919. 0.76% of the stock is owned by company insiders.

Rockwell Automation Stock Down 1.8%

Shares of Rockwell Automation stock opened at $417.75 on Monday. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $429.58. The stock has a market cap of $46.90 billion, a price-to-earnings ratio of 54.54, a price-to-earnings-growth ratio of 2.93 and a beta of 1.52. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The company has a fifty day moving average price of $399.62 and a 200 day moving average price of $367.91.

Rockwell Automation (NYSE:ROKGet Free Report) last posted its 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. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts forecast 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 was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were given a dividend of $1.38 per share. The ex-dividend date of this dividend was Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Analyst Ratings Changes

A number of research analysts have recently commented on ROK shares. JPMorgan Chase & Co. upped their price objective on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Jefferies Financial Group boosted their target price on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Bank of America increased their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. TD Cowen lifted their price target on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Finally, Evercore ISI assumed coverage on Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $410.12.

Read Our Latest Stock Report on Rockwell Automation

Rockwell Automation Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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