Caprock Group LLC Makes New Investment in Rockwell Automation, Inc. $ROK

Caprock Group LLC bought a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,990 shares of the industrial products company’s stock, valued at approximately $689,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. increased its stake in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. bought a new position in shares of Rockwell Automation in the second quarter worth about $33,000. SBI Securities Co. Ltd. increased its stake in Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares during the period. Financial Gravity Companies Inc. bought a new stake in Rockwell Automation during the 2nd quarter valued at about $40,000. Finally, Sachetta LLC boosted its position 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 buying an additional 108 shares during the period. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Scott Genereux sold 1,387 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.03, for a total value of $557,615.61. Following the transaction, the vice president directly owned 4,514 shares of the company’s stock, valued at approximately $1,814,763.42. This represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP John M. Miller sold 92 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $401.92, for a total value of $36,976.64. Following the completion of the transaction, the vice president owned 5,969 shares of the company’s stock, valued at approximately $2,399,060.48. The trade was a 1.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 25,531 shares of company stock valued at $10,259,637. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Trading Up 3.2%

Rockwell Automation stock opened at $394.18 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. The stock has a market cap of $44.29 billion, a PE ratio of 45.10, a price-to-earnings-growth ratio of 2.82 and a beta of 1.52. The stock has a 50-day moving average of $407.82 and a two-hundred day moving average of $374.80. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $438.72.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.29. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, February 23rd. Rockwell Automation’s payout ratio is presently 63.16%.

Wall Street Analyst Weigh In

ROK has been the topic of a number of research reports. Morgan Stanley reaffirmed an “overweight” rating and set a $460.00 target price on shares of Rockwell Automation in a research report on Sunday, February 8th. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and raised their price objective 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, February 6th. Oppenheimer downgraded Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Finally, Wells Fargo & Company raised their price target on Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $417.22.

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.