Andra AP fonden Reduces Position in Rockwell Automation, Inc. $ROK

Andra AP fonden lessened its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 19.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,860 shares of the industrial products company’s stock after selling 11,940 shares during the quarter. Andra AP fonden’s holdings in Rockwell Automation were worth $19,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Principal Securities Inc. raised its position in shares of Rockwell Automation by 32.6% during the 4th quarter. Principal Securities Inc. now owns 1,272 shares of the industrial products company’s stock valued at $495,000 after purchasing an additional 313 shares during the period. Connecticut Wealth Management LLC boosted its holdings in Rockwell Automation by 3.5% in the 4th quarter. Connecticut Wealth Management LLC now owns 3,445 shares of the industrial products company’s stock worth $1,340,000 after buying an additional 116 shares during the period. Aviva PLC increased its stake in Rockwell Automation by 5.5% in the 4th quarter. Aviva PLC now owns 94,871 shares of the industrial products company’s stock worth $36,911,000 after buying an additional 4,977 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in Rockwell Automation by 6.3% in the 4th quarter. Great Valley Advisor Group Inc. now owns 1,360 shares of the industrial products company’s stock worth $529,000 after buying an additional 81 shares in the last quarter. Finally, Xponance LLC raised its holdings in Rockwell Automation by 5.7% during the fourth quarter. Xponance LLC now owns 18,360 shares of the industrial products company’s stock valued at $7,143,000 after acquiring an additional 984 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling

In other Rockwell Automation news, VP Scott Genereux sold 550 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total value of $246,251.50. Following the completion of the sale, the vice president directly owned 2,764 shares of the company’s stock, valued at $1,237,525.72. The trade was a 16.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at approximately $2,392,102.30. This trade represents a 15.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,308 shares of company stock worth $5,339,812 over the last 90 days. Corporate insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised their price target on Rockwell Automation from $404.00 to $417.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Wells Fargo & Company raised their price target on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. KeyCorp raised their price target on Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Weiss Ratings raised Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. Finally, Sanford C. Bernstein assumed coverage on Rockwell Automation in a report on Tuesday. They set a “market perform” rating and a $501.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation has a consensus rating of “Moderate Buy” and an average target price of $451.75.

Rockwell Automation Stock Performance

Shares of NYSE:ROK opened at $458.15 on Friday. The company has a market capitalization of $50.98 billion, a price-to-earnings ratio of 47.62, a PEG ratio of 2.82 and a beta of 1.57. Rockwell Automation, Inc. has a 12 month low of $305.44 and a 12 month high of $468.11. The firm’s 50-day moving average is $426.76 and its 200 day moving average is $406.56. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72.

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

Rockwell Automation announced that its board has initiated a stock repurchase plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s payout ratio is 57.38%.

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.