Banque Cantonale Vaudoise Raises Stake in Rockwell Automation, Inc. $ROK

Banque Cantonale Vaudoise raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 76.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,007 shares of the industrial products company’s stock after purchasing an additional 2,171 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Rockwell Automation were worth $1,750,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Rockwell Automation during the second quarter worth $368,575,000. Holocene Advisors LP raised its holdings in 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 purchasing an additional 488,262 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Rockwell Automation by 122.3% during the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock worth $286,522,000 after purchasing an additional 451,038 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its position in Rockwell Automation by 7,730.3% in the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after purchasing an additional 350,261 shares during the period. Finally, Marshall Wace LLP lifted its position in Rockwell Automation by 294.5% in the second quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock valued at $142,664,000 after purchasing an additional 320,627 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on ROK shares. Wells Fargo & Company boosted their target price on Rockwell Automation from $380.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. JPMorgan Chase & Co. raised their price target on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Morgan Stanley reaffirmed an “overweight” rating and set a $460.00 price objective on shares of Rockwell Automation in a report on Sunday, February 8th. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Mizuho raised 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. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and a consensus target price of $418.33.

Insider Buying and Selling

In related news, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. This represents a 32.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Christopher Nardecchia sold 14,465 shares of Rockwell Automation stock in a transaction that occurred on 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 directly owned 14,232 shares of the company’s stock, valued at $5,835,262.32. The trade was a 50.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,228 shares of company stock worth $19,992,391 in the last 90 days. 0.76% of the stock is currently owned by corporate insiders.

Rockwell Automation Trading Down 0.3%

Shares of Rockwell Automation stock opened at $372.96 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $438.72. The company has a market capitalization of $41.90 billion, a P/E ratio of 42.67, a P/E/G ratio of 2.67 and a beta of 1.53. The business has a 50 day moving average price of $405.32 and a 200 day moving average price of $380.54.

Rockwell Automation (NYSE:ROK) last announced 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. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter in the prior year, the firm earned $1.83 EPS. Rockwell Automation’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were paid a $1.38 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s payout ratio is presently 63.16%.

About Rockwell Automation

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.