6,402 Shares in Rockwell Automation, Inc. $ROK Bought by Bellwether Advisors LLC

Bellwether Advisors LLC bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,402 shares of the industrial products company’s stock, valued at approximately $2,238,000.

Several other hedge funds have also recently added to or reduced their stakes in ROK. Vanguard Group Inc. increased its position in shares of Rockwell Automation by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after purchasing an additional 207,448 shares during the last quarter. Geode Capital Management LLC boosted its stake in Rockwell Automation by 1.7% in 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 buying an additional 48,105 shares in the last quarter. Norges Bank bought a new position in Rockwell Automation during the second quarter valued at approximately $368,575,000. Holocene Advisors LP raised its stake in shares of Rockwell Automation by 128.9% during the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock worth $287,989,000 after acquiring an additional 488,262 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of Rockwell Automation by 3.8% during the third quarter. Fisher Asset Management LLC now owns 822,501 shares of the industrial products company’s stock worth $287,489,000 after acquiring an additional 29,998 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ROK. Stephens increased their target price on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. KeyCorp reiterated an “overweight” rating and issued a $470.00 price objective on shares of Rockwell Automation in a report on Friday, February 6th. JPMorgan Chase & Co. increased their target price on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Citigroup raised their price target on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Finally, Rothschild & Co Redburn boosted their price objective on Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Rockwell Automation presently has a consensus rating of “Moderate Buy” and an average price target of $418.33.

Insider Buying and Selling

In related news, CEO Blake D. Moret sold 5,564 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 94,585 shares of the company’s stock, valued at $38,025,061.70. The trade was a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Christopher Nardecchia sold 14,465 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the completion of the sale, the senior vice president owned 14,232 shares in the company, valued at approximately $5,835,262.32. This trade represents a 50.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 73,959 shares of company stock worth $29,938,428 over the last 90 days. Corporate insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK opened at $398.40 on Wednesday. The company has a 50-day simple moving average of $407.75 and a two-hundred day simple moving average of $379.44. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. The firm has a market capitalization of $44.76 billion, a PE ratio of 45.58, a price-to-earnings-growth ratio of 2.94 and a beta of 1.53. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $438.72.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Monday, February 23rd will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.

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.