Addison Capital Co Purchases 1,855 Shares of Rockwell Automation, Inc. $ROK

Addison Capital Co increased its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 52.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,366 shares of the industrial products company’s stock after acquiring an additional 1,855 shares during the period. Addison Capital Co’s holdings in Rockwell Automation were worth $1,876,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Rockwell Automation in the fourth quarter valued at approximately $281,000. AQR Capital Management LLC boosted its position in Rockwell Automation by 75.9% during the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after buying an additional 3,513 shares during the period. Empowered Funds LLC grew its holdings in Rockwell Automation by 142.7% during the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after acquiring an additional 4,295 shares during the last quarter. Acadian Asset Management LLC increased its position in Rockwell Automation by 233.6% in the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 1,315 shares during the period. Finally, GC Wealth Management RIA LLC acquired a new position in Rockwell Automation in the 2nd quarter valued at approximately $336,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday, December 29th. Jefferies Financial Group upped their price target on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company lifted their price objective on Rockwell Automation from $380.00 to $410.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $410.12.

Insider Activity

In related news, VP Scott Genereux sold 1,387 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total value of $557,615.61. Following the sale, the vice president owned 4,514 shares in the company, valued at $1,814,763.42. This represents a 23.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $403.45, for a total transaction of $956,176.50. Following the completion of the transaction, the senior vice president directly owned 1,964 shares in the company, valued at approximately $792,375.80. The trade was a 54.68% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 87,231 shares of company stock valued at $34,418,889. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Stock Down 1.2%

Rockwell Automation stock opened at $414.85 on Thursday. The company has a market capitalization of $46.58 billion, a PE ratio of 54.16, a PEG ratio of 2.94 and a beta of 1.52. The firm’s fifty day moving average is $402.56 and its 200 day moving average is $369.30. 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, Inc. has a 12-month low of $215.00 and a 12-month high of $429.58.

Rockwell Automation (NYSE:ROK) last issued its 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. 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 analyst estimates of $2.19 billion. During the same period in the prior year, the firm earned $2.47 earnings per share. Rockwell Automation’s revenue for the quarter was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, sell-side analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

About Rockwell Automation

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.