Barclays PLC Cuts Stock Position in Rockwell Automation, Inc. $ROK

Barclays PLC trimmed its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 26.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 297,095 shares of the industrial products company’s stock after selling 109,240 shares during the quarter. Barclays PLC owned 0.26% of Rockwell Automation worth $103,844,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ROK. Thurston Springer Miller Herd & Titak Inc. grew 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 purchasing an additional 75 shares in the last quarter. Rexford Capital Inc. acquired a new stake in Rockwell Automation during the 2nd quarter worth approximately $33,000. SBI Securities Co. Ltd. lifted its holdings in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Rockwell Automation in the 2nd quarter valued at approximately $40,000. Finally, Sachetta LLC grew its stake in shares of Rockwell Automation by 900.0% in the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 108 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Scott Genereux sold 17,407 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $404.61, for a total value of $7,043,046.27. Following the transaction, the vice president owned 3,314 shares in the company, valued at approximately $1,340,877.54. This represents a 84.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Tessa M. Myers sold 1,985 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total value of $812,599.45. Following the sale, the senior vice president directly owned 4,036 shares in the company, valued at $1,652,217.32. This trade represents a 32.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 66,918 shares of company stock worth $27,101,084. 0.76% of the stock is currently owned by company insiders.

Rockwell Automation Price Performance

Shares of ROK opened at $369.88 on Friday. The firm has a market capitalization of $41.56 billion, a price-to-earnings ratio of 42.32, a PEG ratio of 2.64 and a beta of 1.53. The firm’s fifty day simple moving average is $406.46 and its 200-day simple moving average is $379.89. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve 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 issued its earnings results on Thursday, February 5th. The industrial products company reported $2.75 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 the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Equities analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ROK. Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research report on Friday, February 6th. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their target price for the company from $329.00 to $448.00 in a report on Tuesday, December 16th. JPMorgan Chase & Co. boosted their target price on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Rothschild & Co Redburn upped their price target on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. Finally, Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Rockwell Automation currently has an average rating of “Moderate Buy” and an average target price of $418.33.

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.