Foresight Group Ltd Liability Partnership Sells 1,679 Shares of Rockwell Automation, Inc. $ROK

Foresight Group Ltd Liability Partnership decreased its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 4.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 33,070 shares of the industrial products company’s stock after selling 1,679 shares during the quarter. Rockwell Automation accounts for 1.7% of Foresight Group Ltd Liability Partnership’s portfolio, making the stock its 26th largest holding. Foresight Group Ltd Liability Partnership’s holdings in Rockwell Automation were worth $11,559,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ROK. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after buying an additional 75 shares in the last quarter. Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at approximately $33,000. SBI Securities Co. Ltd. grew its holdings in shares of Rockwell Automation by 48.7% during the 2nd 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 position in Rockwell Automation during the 2nd quarter worth approximately $40,000. Finally, Sachetta LLC lifted its stake in Rockwell Automation by 900.0% in the 3rd 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 last quarter. 75.75% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Matthew W. Fordenwalt sold 146 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were 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 $1,785,803.76. This trade represents a 3.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Isaac Woods sold 229 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total transaction of $92,039.68. Following the transaction, the vice president owned 2,058 shares in the company, valued at $827,151.36. The trade was a 10.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,531 shares of company stock valued at $10,259,637 in the last 90 days. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Down 1.1%

Shares of ROK opened at $410.37 on Tuesday. The stock’s 50-day moving average price is $408.04 and its two-hundred day moving average price is $373.27. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a market capitalization of $46.11 billion, a PE ratio of 46.95, a PEG ratio of 2.92 and a beta of 1.52. 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 posted its quarterly earnings data 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. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the firm earned $1.83 earnings per share. The firm’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Wall Street Analysts Forecast Growth

ROK has been the topic of a number of research reports. TD Cowen boosted their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. The Goldman Sachs Group raised Rockwell Automation from a “sell” rating to a “neutral” rating and upped their target price for the stock from $329.00 to $448.00 in a report on Tuesday, December 16th. Robert W. Baird set a $430.00 target price on Rockwell Automation in a research report on Friday. Finally, Evercore assumed coverage on Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $417.22.

About Rockwell Automation

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.