Rockwell Automation, Inc. $ROK Stock Holdings Increased by Candriam S.C.A.

Candriam S.C.A. increased its stake in Rockwell Automation, Inc. (NYSE:ROK) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 182,451 shares of the industrial products company’s stock after purchasing an additional 1,311 shares during the quarter. Candriam S.C.A. owned about 0.16% of Rockwell Automation worth $65,478,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of Rockwell Automation during the 4th quarter valued at about $281,000. AQR Capital Management LLC boosted its stake in Rockwell Automation by 75.9% in the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after purchasing an additional 3,513 shares during the period. Empowered Funds LLC grew its holdings in shares of Rockwell Automation by 142.7% during the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock valued at $1,887,000 after buying an additional 4,295 shares in the last quarter. Acadian Asset Management LLC grew its stake in Rockwell Automation by 233.6% during the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 1,315 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in Rockwell Automation during the second quarter valued at approximately $868,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Up 1.2%

Shares of ROK opened at $472.91 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. The company has a 50-day simple moving average of $458.98 and a 200-day simple moving average of $417.36. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $497.36. The firm has a market capitalization of $52.62 billion, a P/E ratio of 49.16, a P/E/G ratio of 2.98 and a beta of 1.54.

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. The business had revenue of $2.24 billion for 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 firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the business earned $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities research analysts expect that Rockwell Automation, Inc. will post 13.06 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 dividend payout ratio (DPR) is 57.38%.

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

Analysts Set New Price Targets

Several research analysts have weighed in on ROK shares. DA Davidson initiated coverage on Rockwell Automation in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $500.00 target price on the stock. The Goldman Sachs Group lifted their price target on shares of Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. Wall Street Zen cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $466.71.

Insider Activity

In other Rockwell Automation news, VP Scott Genereux sold 550 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total value of $246,251.50. Following the sale, the vice president 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the transaction, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. This represents a 7.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 10,561 shares of company stock valued at $4,669,886. 0.76% of the stock is owned by insiders.

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.