Cibc World Market Inc. Has $7.24 Million Stock Position in Rockwell Automation, Inc. $ROK

Cibc World Market Inc. boosted its position in Rockwell Automation, Inc. (NYSE:ROK) by 164.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,703 shares of the industrial products company’s stock after acquiring an additional 12,861 shares during the period. Cibc World Market Inc.’s holdings in Rockwell Automation were worth $7,236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bessemer Group Inc. boosted its stake in Rockwell Automation by 180.5% during the 3rd quarter. Bessemer Group Inc. now owns 5,842 shares of the industrial products company’s stock valued at $2,042,000 after purchasing an additional 3,759 shares during the last quarter. Brighton Jones LLC purchased a new position in shares of Rockwell Automation during the fourth quarter valued at approximately $281,000. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Rockwell Automation during the third quarter valued at approximately $777,000. Schroder Investment Management Group grew its holdings in Rockwell Automation by 796.0% during the second quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock worth $32,342,000 after buying an additional 86,500 shares in the last quarter. Finally, Citizens Financial Group Inc. RI purchased a new stake in Rockwell Automation in the 2nd quarter valued at $234,000. Institutional investors own 75.75% of the company’s stock.

Insider Activity

In other news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $403.45, for a total value of $956,176.50. Following the sale, the senior vice president owned 1,964 shares of the company’s stock, valued at $792,375.80. The trade was a 54.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Blake D. Moret sold 5,564 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total transaction of $2,236,839.28. Following the completion of the transaction, the chief executive officer owned 94,585 shares of the company’s stock, valued at $38,025,061.70. This represents a 5.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 25,531 shares of company stock valued at $10,259,637. 0.76% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Evercore initiated coverage on shares of Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday, December 29th. Jefferies Financial Group increased their price objective on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Mizuho upped their target price on Rockwell Automation from $380.00 to $400.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $329.00 to $448.00 in a report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $417.22.

Rockwell Automation Trading Up 3.2%

NYSE:ROK opened at $394.18 on Friday. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The firm’s 50 day moving average is $407.97 and its 200 day moving average is $374.20. The stock has a market capitalization of $44.29 billion, a PE ratio of 45.10, a price-to-earnings-growth ratio of 2.73 and a beta of 1.52.

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

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.4%. Rockwell Automation’s dividend payout ratio is 63.16%.

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.