Daiwa Securities Group Inc. Boosts Stock Position in Rockwell Automation, Inc. $ROK

Daiwa Securities Group Inc. grew its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 78.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,208 shares of the industrial products company’s stock after buying an additional 17,297 shares during the period. Daiwa Securities Group Inc.’s holdings in Rockwell Automation were worth $13,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Legend Financial Advisors Inc. acquired a new stake in shares of Rockwell Automation during the 2nd quarter worth about $39,000. SBI Securities Co. Ltd. increased its stake in Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in Rockwell Automation during the second quarter worth approximately $40,000. Dynamic Wealth Strategies LLC acquired a new stake in Rockwell Automation during the second quarter worth approximately $46,000. Finally, AdvisorShares Investments LLC purchased a new stake in shares of Rockwell Automation during the 2nd quarter worth approximately $50,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on ROK shares. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Robert W. Baird raised their price objective on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Morgan Stanley lifted their target price on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. TD Cowen boosted their target price on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Finally, Jefferies Financial Group raised their price target on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $390.33.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $410.09 on Thursday. The stock’s 50-day moving average price is $370.46 and its 200 day moving average price is $349.75. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $46.04 billion, a PE ratio of 53.54, a price-to-earnings-growth ratio of 2.69 and a beta of 1.50. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $413.04.

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

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is currently 72.06%.

Insider Activity at Rockwell Automation

In related news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $403.45, for a total value of $956,176.50. Following the completion of the sale, the senior vice president owned 1,964 shares in the company, valued at $792,375.80. This trade represents a 54.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $391.56, for a total value of $24,159,252.00. Following the completion of the sale, the chief executive officer directly owned 83,873 shares in the company, valued at $32,841,311.88. This represents a 42.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,253 shares of company stock worth $34,405,319 in the last 90 days. Corporate insiders own 0.68% of the company’s stock.

About Rockwell Automation

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.