Addison Capital Co Buys 1,855 Shares of Rockwell Automation, Inc. $ROK

Addison Capital Co raised its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 52.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,366 shares of the industrial products company’s stock after acquiring an additional 1,855 shares during the period. Addison Capital Co’s holdings in Rockwell Automation were worth $1,876,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ROK. Norges Bank purchased a new position in Rockwell Automation during the second quarter worth about $368,575,000. Holocene Advisors LP boosted its stake in shares of Rockwell Automation by 128.9% in the 2nd 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 during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Rockwell Automation by 720.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after acquiring an additional 350,662 shares in the last quarter. Ontario Teachers Pension Plan Board increased its position in shares of Rockwell Automation by 7,730.3% during the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after acquiring an additional 350,261 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in Rockwell Automation by 294.5% during the second quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock worth $142,664,000 after acquiring an additional 320,627 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rockwell Automation

In related news, SVP Matthew W. Fordenwalt sold 146 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total transaction of $58,762.08. Following the completion of the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $1,785,803.76. This trade represents a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Cyril Perducat sold 804 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.05, for a total value of $323,248.20. Following the completion of the transaction, the senior vice president owned 5,858 shares in the company, valued at $2,355,208.90. This represents a 12.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 87,231 shares of company stock worth $34,418,889 in the last ninety days. Insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Citigroup lifted their target price on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Rothschild & Co Redburn lifted their price objective on shares of Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Jefferies Financial Group boosted their target price on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Finally, Bank of America raised their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and a consensus price target of $410.12.

Rockwell Automation Trading Down 1.2%

Shares of ROK stock opened at $414.85 on Thursday. The stock has a market capitalization of $46.58 billion, a price-to-earnings ratio of 54.16, a PEG ratio of 2.94 and a beta of 1.52. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $429.58. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The company’s fifty day simple moving average is $402.56 and its two-hundred day simple moving average is $369.30.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data 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. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the prior year, the firm posted $2.47 EPS. The firm’s quarterly 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, analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Company 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.