BI Asset Management Fondsmaeglerselskab A S Sells 22,955 Shares of Rockwell Automation, Inc. $ROK

BI Asset Management Fondsmaeglerselskab A S reduced its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 65.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,218 shares of the industrial products company’s stock after selling 22,955 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Rockwell Automation were worth $4,754,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. First Horizon Corp bought a new position in Rockwell Automation during the fourth quarter valued at about $32,000. BOK Financial Private Wealth Inc. bought a new position in shares of Rockwell Automation in the fourth quarter worth about $33,000. Fortitude Family Office LLC increased its stake in shares of Rockwell Automation by 109.5% in the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 46 shares during the period. Ameriflex Group Inc. increased its stake in shares of Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares during the period. Finally, Dynamic Wealth Strategies LLC increased its stake in shares of Rockwell Automation by 80.7% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 103 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 46 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Stock Down 0.1%

ROK stock opened at $446.48 on Monday. Rockwell Automation, Inc. has a twelve month low of $305.44 and a twelve month high of $468.11. The company has a market cap of $49.68 billion, a PE ratio of 46.41, a price-to-earnings-growth ratio of 2.86 and a beta of 1.57. The business’s 50-day simple moving average is $418.83 and its 200 day simple moving average is $404.28. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK) last released its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period last year, the business earned $2.45 earnings per share. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, research analysts anticipate that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s payout ratio is presently 57.38%.

Analyst Ratings Changes

ROK has been the subject of a number of research analyst reports. The Goldman Sachs Group upped their price target on Rockwell Automation from $448.00 to $487.00 in a report on Wednesday, May 6th. Wells Fargo & Company upped their price target on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Jefferies Financial Group reiterated a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a report on Tuesday, March 31st. HSBC upped their price target on Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. Finally, Evercore upped their price target on Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $449.16.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at approximately $2,392,102.30. The trade was a 15.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of Rockwell Automation stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $451.97, for a total value of $1,818,727.28. Following the sale, the vice president directly owned 134 shares in the company, valued at $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 12,308 shares of company stock valued at $5,339,812. Corporate insiders own 0.76% of the company’s stock.

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.