Mandatum Life Insurance Co Ltd Cuts Stock Holdings in Rockwell Automation, Inc. $ROK

Mandatum Life Insurance Co Ltd reduced its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 30.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,500 shares of the industrial products company’s stock after selling 7,500 shares during the period. Rockwell Automation accounts for about 1.5% of Mandatum Life Insurance Co Ltd’s holdings, making the stock its 18th biggest position. Mandatum Life Insurance Co Ltd’s holdings in Rockwell Automation were worth $6,117,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Rockwell Automation by 1.5% in the second quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after acquiring an additional 207,448 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Rockwell Automation by 1.7% during the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock worth $950,744,000 after acquiring an additional 48,105 shares during the period. Norges Bank purchased a new position in Rockwell Automation in the second quarter worth $368,575,000. Sumitomo Mitsui Trust Group Inc. boosted its position in Rockwell Automation by 1.2% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,006,575 shares of the industrial products company’s stock worth $334,354,000 after purchasing an additional 12,262 shares during the last quarter. Finally, Holocene Advisors LP grew its stake in Rockwell Automation by 128.9% in the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares during the period. 75.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Rebecca W. House sold 1,698 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. The trade was a 12.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the stock in a transaction that occurred 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 sale, the senior vice president owned 1,964 shares in the company, valued at $792,375.80. This represents a 54.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 25,531 shares of company stock valued at $10,259,637 in the last three months. Insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Shares of NYSE ROK opened at $410.37 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $438.72. The stock has a market cap of $46.11 billion, a PE ratio of 46.95, a price-to-earnings-growth ratio of 2.92 and a beta of 1.52. The stock has a fifty day moving average of $408.04 and a 200-day moving average of $373.27.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.46 by $0.29. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm’s revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Equities research analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Analyst Ratings Changes

ROK has been the topic of a number of recent analyst reports. Bank of America lifted their target price on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Mizuho lifted their price objective on shares of Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research report on Friday. Citigroup increased their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Oppenheimer lowered shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Finally, The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and upped their price objective for the company from $329.00 to $448.00 in a research note on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $417.22.

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.