AEGON ASSET MANAGEMENT UK Plc Decreases Stock Holdings in Rockwell Automation, Inc. $ROK

AEGON ASSET MANAGEMENT UK Plc lowered its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 54.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,522 shares of the industrial products company’s stock after selling 94,265 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in Rockwell Automation were worth $28,517,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lansforsakringar Fondforvaltning AB publ lifted its position in Rockwell Automation by 7.1% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock worth $21,613,000 after acquiring an additional 4,086 shares in the last quarter. Oak Thistle LLC acquired a new stake in Rockwell Automation in the fourth quarter valued at approximately $1,556,000. Nordea Investment Management AB grew its position in Rockwell Automation by 20.7% in the fourth quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock valued at $291,073,000 after acquiring an additional 127,733 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Rockwell Automation by 911.0% during the fourth quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock valued at $35,720,000 after purchasing an additional 82,727 shares during the period. Finally, Maridea Wealth Management LLC raised its stake in shares of Rockwell Automation by 580.0% during the fourth quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock valued at $2,148,000 after purchasing an additional 4,710 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

Shares of Rockwell Automation stock opened at $474.16 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $475.92. The firm’s 50-day simple moving average is $438.17 and its 200-day simple moving average is $409.59. The firm has a market cap of $52.76 billion, a PE ratio of 49.29, a price-to-earnings-growth ratio of 3.03 and a beta of 1.57.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the firm earned $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities analysts forecast that Rockwell Automation, Inc. will post 13 earnings per share for the current fiscal year.

Rockwell Automation declared that its board has initiated a share buyback program on Tuesday, June 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the industrial products company to repurchase up to 2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Rockwell Automation Dividend Announcement

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

Insider Buying and Selling

In other news, SVP Matthew W. Fordenwalt sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $400.00, for a total value of $480,000.00. Following the completion of the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $1,774,800. The trade was a 21.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the sale, the vice president directly owned 5,615 shares in the company, valued at approximately $2,392,102.30. This represents a 15.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 12,308 shares of company stock worth $5,339,812. 0.76% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ROK shares. Evercore upped their target price on shares of Rockwell Automation from $440.00 to $480.00 in a research note on Wednesday, May 6th. Sanford C. Bernstein began coverage on shares of Rockwell Automation in a research note on Tuesday, June 9th. They set a “market perform” rating and a $501.00 price target on the stock. BNP Paribas Exane boosted their price objective on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. Weiss Ratings raised shares of Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 25th. Finally, DA Davidson started coverage on Rockwell Automation in a report on Tuesday, June 16th. They issued a “neutral” rating and a $500.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Rockwell Automation has a consensus rating of “Moderate Buy” and an average price target of $454.05.

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.