50,802 Shares in Rockwell Automation, Inc. $ROK Acquired by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 50,802 shares of the industrial products company’s stock, valued at approximately $18,232,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Rockwell Automation by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock worth $5,527,249,000 after purchasing an additional 114,469 shares in the last quarter. State Street Corp grew its stake in shares of Rockwell Automation by 4.2% in the fourth quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock valued at $1,943,844,000 after buying an additional 202,705 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Rockwell Automation by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after buying an additional 17,855 shares during the period. Morgan Stanley raised its holdings in shares of Rockwell Automation by 10.4% in the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after buying an additional 276,021 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in Rockwell Automation by 1.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock worth $818,986,000 after acquiring an additional 24,719 shares in the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Down 2.5%

Shares of NYSE ROK opened at $460.55 on Tuesday. The business has a 50-day moving average of $460.01 and a two-hundred day moving average of $417.93. The company has a market capitalization of $51.25 billion, a price-to-earnings ratio of 47.87, a price-to-earnings-growth ratio of 3.01 and a beta of 1.54. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $497.36. 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 (NYSE:ROK) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating 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 quarter in the prior year, the business posted $2.45 EPS. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, analysts forecast that Rockwell Automation, Inc. will post 13.06 earnings per share for the current fiscal year.

Rockwell Automation announced that its Board of Directors has authorized a share 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 purchase up to 2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Rockwell Automation Announces Dividend

The firm 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. 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, August 17th. Rockwell Automation’s dividend payout ratio is 57.38%.

Insider Buying and Selling

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $449.58, for a total transaction of $269,748.00. Following the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $1,994,786.46. This trade represents a 11.91% 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 the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the sale, the vice president owned 134 shares of the company’s stock, valued at $60,563.98. This represents a 96.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,361 shares of company stock valued at $4,189,886 over the last three months. 0.76% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Robert W. Baird raised their target price on Rockwell Automation from $470.00 to $527.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. 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 research note on Tuesday, March 31st. JPMorgan Chase & Co. increased their price target on shares of Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. KeyCorp lifted their price objective on shares of Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, BNP Paribas Exane lifted their price objective on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $469.33.

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.