Amundi Reduces Holdings in Rockwell Automation, Inc. $ROK

Amundi reduced its stake in Rockwell Automation, Inc. (NYSE:ROK) by 30.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,084,352 shares of the industrial products company’s stock after selling 465,063 shares during the quarter. Amundi’s holdings in Rockwell Automation were worth $371,651,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ROK. Legend Financial Advisors Inc. purchased a new position in shares of Rockwell Automation in the second quarter worth $39,000. SBI Securities Co. Ltd. increased its position in shares of Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares during the period. Financial Gravity Companies Inc. acquired a new position in shares of Rockwell Automation in the 2nd quarter valued at $40,000. Cary Street Partners Investment Advisory LLC raised its stake in Rockwell Automation by 59.6% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 166 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 62 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC acquired a new stake in Rockwell Automation during the 2nd quarter worth about $46,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

ROK has been the topic of a number of research reports. Robert W. Baird increased their price objective on Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Oppenheimer restated an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a research report on Friday, November 7th. JPMorgan Chase & Co. boosted their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. Finally, Barclays increased their target price on Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus target price of $372.56.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Cyril Perducat sold 139 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $402.91, for a total transaction of $56,004.49. Following the sale, the senior vice president directly owned 4,651 shares of the company’s stock, valued at $1,873,934.41. This trade represents a 2.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Tessa M. Myers sold 371 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $402.93, for a total transaction of $149,487.03. Following the transaction, the senior vice president directly owned 5,219 shares of the company’s stock, valued at $2,102,891.67. This trade represents a 6.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 94,316 shares of company stock valued at $35,962,850. 0.68% of the stock is owned by company insiders.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $403.87 on Friday. The firm has a fifty day moving average price of $367.06 and a 200 day moving average price of $347.38. The company has a market cap of $45.34 billion, a P/E ratio of 52.73, a PEG ratio of 2.71 and a beta of 1.50. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $406.44. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is presently 72.06%.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.