SG Americas Securities LLC Sells 1,409 Shares of Rockwell Automation, Inc. $ROK

SG Americas Securities LLC cut its stake in Rockwell Automation, Inc. (NYSE:ROK) by 1.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,399 shares of the industrial products company’s stock after selling 1,409 shares during the period. SG Americas Securities LLC owned about 0.08% of Rockwell Automation worth $32,442,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ROK. MV Capital Management Inc. purchased a new position in shares of Rockwell Automation in the 4th quarter worth about $28,000. Manchester Capital Management LLC raised its holdings in shares of Rockwell Automation by 97.5% during the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after buying an additional 39 shares in the last quarter. First Horizon Corp bought a new stake in Rockwell Automation in the 4th quarter worth approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation in the 4th quarter worth approximately $33,000. Finally, TD Capital Management LLC purchased a new stake in Rockwell Automation in the fourth quarter worth approximately $33,000. Institutional investors own 75.75% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. The trade was a 7.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the transaction, the vice president owned 134 shares in the company, valued at $60,563.98. This represents a 96.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,308 shares of company stock valued at $5,339,812 over the last quarter. 0.76% of the stock is owned by company insiders.

Rockwell Automation Trading Down 4.4%

ROK opened at $457.25 on Wednesday. The business has a 50 day simple moving average of $441.05 and a two-hundred day simple moving average of $410.74. The firm has a market capitalization of $50.88 billion, a price-to-earnings ratio of 47.53, a PEG ratio of 3.06 and a beta of 1.57. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. Rockwell Automation, Inc. has a one year low of $305.44 and a one year high of $479.59.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter last year, the business posted $2.45 EPS. The business’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Analysts predict that Rockwell Automation, Inc. will post 13 EPS for the current year.

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

Rockwell Automation Dividend Announcement

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

Analyst Upgrades and Downgrades

ROK has been the topic of a number of recent research reports. Sanford C. Bernstein assumed coverage on shares of Rockwell Automation in a research report on Tuesday, June 9th. They set a “market perform” rating and a $501.00 price target on the stock. Rothschild & Co Redburn upped their price objective on shares of Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Robert W. Baird reduced their target price on shares of Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Citigroup lifted their target price on shares of Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, HSBC boosted their price target on shares of Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $454.05.

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.