Caprock Group LLC Invests $689,000 in Rockwell Automation, Inc. $ROK

Caprock Group LLC bought a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,990 shares of the industrial products company’s stock, valued at approximately $689,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in Rockwell Automation during the fourth quarter valued at $281,000. AQR Capital Management LLC raised its stake in shares of Rockwell Automation by 75.9% in the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after buying an additional 3,513 shares during the period. Empowered Funds LLC lifted its position in shares of Rockwell Automation by 142.7% during the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock valued at $1,887,000 after buying an additional 4,295 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Rockwell Automation by 233.6% during the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after buying an additional 1,315 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Rockwell Automation by 17.5% during the 2nd quarter. CWM LLC now owns 2,764 shares of the industrial products company’s stock valued at $918,000 after acquiring an additional 411 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ROK. The Goldman Sachs Group raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their price target for the company from $329.00 to $448.00 in a report on Tuesday, December 16th. Barclays increased their price target on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research report on Friday, February 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $460.00 price objective on shares of Rockwell Automation in a research note on Sunday, February 8th. Finally, Citigroup lifted their target price on Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and an average price target of $417.22.

Rockwell Automation Stock Performance

NYSE ROK opened at $394.18 on Tuesday. 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 business has a 50 day simple moving average of $407.82 and a two-hundred day simple moving average of $374.80. The stock has a market capitalization of $44.29 billion, a PE ratio of 45.10, a P/E/G ratio of 2.82 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last posted 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 firm had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, research analysts predict 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 issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.

Insider Buying and Selling

In related news, VP Scott Genereux sold 1,387 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.03, for a total transaction of $557,615.61. Following the sale, the vice president owned 4,514 shares in the company, valued at approximately $1,814,763.42. This represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Blake D. Moret sold 5,564 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total value of $2,236,839.28. Following the completion of the sale, the chief executive officer owned 94,585 shares of the company’s stock, valued at approximately $38,025,061.70. This represents a 5.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,531 shares of company stock valued at $10,259,637 in the last quarter. 0.76% of the stock is currently owned by insiders.

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.