E. Ohman J or Asset Management AB Sells 1,447 Shares of Rockwell Automation, Inc. $ROK

E. Ohman J or Asset Management AB lowered its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 28.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,553 shares of the industrial products company’s stock after selling 1,447 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Rockwell Automation were worth $1,382,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ROK. State Street Corp increased its stake in shares of Rockwell Automation by 0.9% during the third quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after purchasing an additional 42,809 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Rockwell Automation by 3.6% during the third quarter. Northern Trust Corp now owns 1,423,449 shares of the industrial products company’s stock valued at $497,538,000 after purchasing an additional 49,477 shares during the last quarter. Invesco Ltd. boosted its position in shares of Rockwell Automation by 12.0% in the 3rd quarter. Invesco Ltd. now owns 1,235,788 shares of the industrial products company’s stock worth $431,945,000 after purchasing an additional 132,637 shares in the last quarter. Norges Bank purchased a new stake in shares of Rockwell Automation in the 2nd quarter worth approximately $368,575,000. Finally, Holocene Advisors LP increased its position in Rockwell Automation by 14.1% during the 3rd quarter. Holocene Advisors LP now owns 989,429 shares of the industrial products company’s stock valued at $345,835,000 after buying an additional 122,437 shares in the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ROK shares. Morgan Stanley restated an “overweight” rating and set a $460.00 price target on shares of Rockwell Automation in a report on Sunday, February 8th. Weiss Ratings cut shares of Rockwell Automation from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 10th. TD Cowen increased their price target on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a report on Friday, February 20th. The Goldman Sachs Group raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and raised their price target for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Finally, Stephens boosted their price objective on shares of Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Two 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 company. According to MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and a consensus price target of $418.33.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $361.28 on Wednesday. The firm’s 50 day moving average price is $396.63 and its 200-day moving average price is $381.64. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $438.72. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $40.59 billion, a PE ratio of 41.34, a price-to-earnings-growth ratio of 2.56 and a beta of 1.53.

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

Rockwell Automation Announces Dividend

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

Insider Transactions at Rockwell Automation

In related news, SVP Matthew W. Fordenwalt sold 1,200 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $404.21, for a total value of $485,052.00. Following the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $1,793,479.77. This trade represents a 21.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Christopher Nardecchia sold 14,465 shares of Rockwell Automation stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $410.01, for a total value of $5,930,794.65. Following the transaction, the senior vice president owned 14,232 shares in the company, valued at $5,835,262.32. This trade represents a 50.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,228 shares of company stock worth $19,992,391 over the last three months. 0.76% of the stock is currently owned by insiders.

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.