Thrivent Financial for Lutherans Has $156.46 Million Holdings in Rockwell Automation, Inc. $ROK

Thrivent Financial for Lutherans reduced its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 447,635 shares of the industrial products company’s stock after selling 10,054 shares during the period. Thrivent Financial for Lutherans owned 0.40% of Rockwell Automation worth $156,461,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new position in Rockwell Automation in the second quarter valued at about $33,000. SBI Securities Co. Ltd. grew its holdings in shares of Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 38 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of Rockwell Automation in the second quarter valued at approximately $40,000. Finally, Sachetta LLC lifted its position in Rockwell Automation by 900.0% during the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 108 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Blake D. Moret sold 61,700 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 83,873 shares in the company, valued at $32,841,311.88. The trade was a 42.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the stock in a transaction on Friday, December 5th. The stock was 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 $792,375.80. The trade was a 54.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 87,231 shares of company stock valued at $34,418,889. 0.76% of the stock is currently owned by corporate insiders.

Rockwell Automation Price Performance

Shares of ROK opened at $421.67 on Friday. The stock has a market cap of $47.34 billion, a P/E ratio of 55.05, a P/E/G ratio of 2.99 and a beta of 1.52. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $429.58. The business’s fifty day moving average is $404.56 and its 200 day moving average is $370.41. 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 announced its quarterly 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. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.Rockwell Automation’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on ROK. Zacks Research cut shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Wells Fargo & Company upped their target price on shares of Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Citigroup boosted their price objective on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Morgan Stanley boosted their price target on Rockwell Automation from $435.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and an average target price of $410.12.

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.