Blair William & Co. IL Buys 2,270 Shares of Rockwell Automation, Inc. $ROK

Blair William & Co. IL lifted its position in Rockwell Automation, Inc. (NYSE:ROK) by 0.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 279,199 shares of the industrial products company’s stock after purchasing an additional 2,270 shares during the period. Blair William & Co. IL owned 0.25% of Rockwell Automation worth $97,588,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in 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 valued at $32,000 after purchasing an additional 75 shares in the last quarter. Rexford Capital Inc. bought a new position in shares of Rockwell Automation during the 2nd quarter worth $33,000. SBI Securities Co. Ltd. increased its stake in shares of Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares during the period. Financial Gravity Companies Inc. purchased a new position in shares of Rockwell Automation during the second quarter valued at $40,000. Finally, Sachetta LLC raised its holdings in shares of 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 acquiring an additional 108 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Insider Activity

In related news, SVP Christopher Nardecchia sold 14,465 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the completion of the sale, the senior vice president owned 14,232 shares of the company’s stock, valued at $5,835,262.32. This represents a 50.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Blake D. Moret sold 5,564 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $2,236,839.28. Following the completion of the transaction, the chief executive officer directly owned 94,585 shares in the company, valued at $38,025,061.70. This represents a 5.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 66,918 shares of company stock worth $27,101,084 over the last 90 days. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Price Performance

Shares of ROK stock opened at $369.88 on Friday. The stock’s 50-day moving average is $406.46 and its 200 day moving average is $379.64. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $438.72. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. The company has a market cap of $41.56 billion, a P/E ratio of 42.32, a PEG ratio of 2.70 and a beta of 1.53.

Rockwell Automation (NYSE:ROK) last announced its earnings results 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. The business had revenue of $2.11 billion during 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 firm’s revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors 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 1.5%. The ex-dividend date is Monday, February 23rd. Rockwell Automation’s payout ratio is 63.16%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Rothschild & Co Redburn upped their price objective on shares of Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Barclays raised their target price on shares of Rockwell Automation from $435.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Mizuho upped their price target on shares of Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. TD Cowen increased their price objective on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Finally, Bank of America lifted their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $418.33.

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.