Achmea Investment Management B.V. Takes $10.81 Million Position in Rockwell Automation, Inc. $ROK

Achmea Investment Management B.V. purchased a new stake in Rockwell Automation, Inc. (NYSE:ROK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 30,934 shares of the industrial products company’s stock, valued at approximately $10,812,000.

A number of other hedge funds also recently added to or reduced their stakes in ROK. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of 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 acquiring an additional 75 shares in the last quarter. Rexford Capital Inc. purchased a new position in Rockwell Automation during the second quarter worth about $33,000. Ameriflex Group Inc. raised its holdings in Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in Rockwell Automation by 48.7% in 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. Finally, Sachetta LLC lifted its position in 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.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Tessa M. Myers sold 1,985 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the sale, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. The trade was a 32.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value of $5,930,794.65. Following the sale, the senior vice president owned 14,232 shares of the company’s stock, valued at $5,835,262.32. This represents a 50.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 49,228 shares of company stock valued at $19,992,391 in the last quarter. Insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $355.10 on Thursday. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $438.72. The firm’s 50-day moving average is $400.95 and its two-hundred day moving average is $380.87. The stock has a market capitalization of $39.90 billion, a P/E ratio of 40.63, a P/E/G ratio of 2.55 and a beta of 1.53. 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 (NYSE:ROK) last issued its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. The company had revenue of $2.11 billion for 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%.The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Equities analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, February 23rd. Rockwell Automation’s payout ratio is presently 63.16%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ROK. Argus raised Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. Weiss Ratings downgraded shares of Rockwell Automation from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 10th. Mizuho raised their price objective on shares of Rockwell Automation from $380.00 to $400.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. KeyCorp restated an “overweight” rating and set a $470.00 target price on shares of Rockwell Automation in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. increased their target price 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. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $418.33.

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.