Keybank National Association OH Reduces Position in Rockwell Automation, Inc. $ROK

Keybank National Association OH decreased its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,538 shares of the industrial products company’s stock after selling 1,515 shares during the period. Keybank National Association OH’s holdings in Rockwell Automation were worth $14,169,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new stake in Rockwell Automation during the 2nd quarter worth $33,000. SBI Securities Co. Ltd. boosted its stake 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 purchasing an additional 38 shares during the period. Financial Gravity Companies Inc. purchased a new position in Rockwell Automation during the 2nd quarter worth $40,000. Finally, Sachetta LLC increased its stake in Rockwell Automation by 900.0% in the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 108 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Down 1.2%

Shares of Rockwell Automation stock opened at $421.67 on Friday. The company has a 50-day moving average of $404.56 and a two-hundred day moving average of $370.41. The stock has a market cap of $47.34 billion, a PE ratio of 55.05, a price-to-earnings-growth ratio of 2.99 and a beta of 1.52. 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, Inc. has a 12-month low of $215.00 and a 12-month high of $429.58.

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 the consensus estimate of $2.94 by $0.40. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.Rockwell Automation’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Matheus De A. G. Viera Bulho sold 476 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total value of $191,361.52. Following the sale, the senior vice president directly owned 2,401 shares in the company, valued at $965,250.02. This represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Terry L. Riesterer sold 800 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $392.00, for a total transaction of $313,600.00. Following the transaction, the vice president directly owned 1,234 shares of the company’s stock, valued at approximately $483,728. This trade represents a 39.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 87,231 shares of company stock worth $34,418,889. 0.76% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ROK has been the subject of several recent research reports. JPMorgan Chase & Co. increased their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. The Goldman Sachs Group raised Rockwell Automation from a “sell” rating to a “neutral” rating and upped their price objective for the company from $329.00 to $448.00 in a research note on Tuesday, December 16th. Rothschild & Co Redburn increased their price objective on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. 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, Robert W. Baird upped their price target on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $410.12.

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.