Aberdeen Group plc Purchases 13,305 Shares of Rockwell Automation, Inc. $ROK

Aberdeen Group plc boosted its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 13.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 113,251 shares of the industrial products company’s stock after buying an additional 13,305 shares during the period. Aberdeen Group plc owned approximately 0.10% of Rockwell Automation worth $39,018,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Rockwell Automation in the 2nd quarter valued at about $368,575,000. Holocene Advisors LP grew its position 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 buying an additional 488,262 shares in the last quarter. Ontario Teachers Pension Plan Board increased its position in shares of 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 worth $117,851,000 after purchasing an additional 350,261 shares during the period. Marshall Wace LLP increased its holdings in Rockwell Automation by 294.5% in the 2nd quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock valued at $142,664,000 after buying an additional 320,627 shares during the period. Finally, Voya Investment Management LLC raised its position in Rockwell Automation by 94.8% during the third quarter. Voya Investment Management LLC now owns 514,469 shares of the industrial products company’s stock valued at $179,822,000 after purchasing an additional 250,319 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Stock Up 3.2%

Shares of NYSE ROK opened at $394.18 on Tuesday. The business has a 50-day moving average of $407.82 and a 200-day moving average of $374.80. The firm has a market capitalization of $44.29 billion, a price-to-earnings ratio of 45.10, a PEG ratio of 2.82 and a beta of 1.52. 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.

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. The firm 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 company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.83 EPS. 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 fiscal year.

Rockwell Automation Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. KeyCorp reiterated an “overweight” rating and issued a $470.00 target price on shares of Rockwell Automation in a report on Friday, February 6th. Evercore initiated coverage on Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 price target for the company. Barclays raised their price target on shares of Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. 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 report on Wednesday, January 21st. 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 company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $417.22.

Insider Buying and Selling

In related news, CEO Blake D. Moret sold 5,564 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total value 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 approximately $38,025,061.70. This trade represents a 5.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Scott Genereux sold 1,387 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.03, for a total value of $557,615.61. Following the completion of the transaction, the vice president owned 4,514 shares of the company’s stock, valued at approximately $1,814,763.42. This trade represents a 23.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 25,531 shares of company stock valued at $10,259,637 in the last ninety days. Company insiders own 0.76% of the company’s stock.

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.