Atlantic Union Bankshares Corp Grows Stock Holdings in Rockwell Automation, Inc. $ROK

Atlantic Union Bankshares Corp lifted its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 30.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,645 shares of the industrial products company’s stock after buying an additional 3,377 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Rockwell Automation were worth $5,119,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. acquired a new stake in Rockwell Automation in the second quarter valued at approximately $33,000. SBI Securities Co. Ltd. raised its stake 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 valued at $39,000 after purchasing an additional 38 shares during the period. Financial Gravity Companies Inc. acquired a new position in shares of Rockwell Automation during the second quarter worth $40,000. Finally, Sachetta LLC boosted its stake in shares of Rockwell Automation by 900.0% in the third 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 owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Rockwell Automation from $435.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Robert W. Baird increased their price target on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. JPMorgan Chase & Co. increased their price objective 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. Argus raised Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $410.12.

Rockwell Automation Trading Up 1.8%

Shares of NYSE:ROK opened at $429.19 on Tuesday. The stock’s 50-day moving average is $405.45 and its 200-day moving average is $371.05. The company has a market cap of $48.19 billion, a P/E ratio of 56.03, a P/E/G ratio of 2.96 and a beta of 1.52. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $429.58.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The company 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%.The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Matheus De A. G. Viera Bulho sold 476 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the transaction, the senior vice president owned 2,401 shares of the company’s stock, valued at $965,250.02. This represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Cyril Perducat sold 804 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total transaction of $323,248.20. Following the transaction, the senior vice president owned 5,858 shares in the company, valued at approximately $2,355,208.90. The trade was a 12.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 87,231 shares of company stock valued at $34,418,889 over the last quarter. Company insiders own 0.76% of the company’s stock.

Rockwell Automation 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.