Andra AP fonden Has $20.36 Million Holdings in Rockwell Automation, Inc. $ROK

Andra AP fonden lifted its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 13.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,723 shares of the industrial products company’s stock after acquiring an additional 6,863 shares during the quarter. Andra AP fonden’s holdings in Rockwell Automation were worth $20,357,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Rockwell Automation in the first quarter valued at about $31,000. Alpha Zero LLC acquired a new position in shares of Rockwell Automation during the 1st quarter worth about $203,000. Basepoint Wealth LLC boosted its stake in Rockwell Automation by 14.2% during the 1st quarter. Basepoint Wealth LLC now owns 820 shares of the industrial products company’s stock valued at $294,000 after purchasing an additional 102 shares during the period. Meeder Asset Management Inc. boosted its stake in Rockwell Automation by 1,886.0% during the 1st quarter. Meeder Asset Management Inc. now owns 25,620 shares of the industrial products company’s stock valued at $9,195,000 after purchasing an additional 24,330 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Rockwell Automation by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 707,881 shares of the industrial products company’s stock worth $254,000,000 after buying an additional 20,956 shares during the period. Institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 377 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the sale, the senior vice president directly owned 4,437 shares in the company, valued at $2,043,282.87. This represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Scott Genereux sold 550 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total transaction of $246,251.50. Following the completion of the transaction, the vice president owned 2,764 shares of the company’s stock, valued at $1,237,525.72. This trade represents a 16.60% 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. Insiders have sold a total of 9,361 shares of company stock worth $4,189,886 in the last three months. 0.76% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ROK shares. Mizuho set a $445.00 target price on Rockwell Automation in a research report on Wednesday, May 6th. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 1st. Evercore lifted their price target on Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th. KeyCorp boosted their target price on shares of Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One equities 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $469.33.

Rockwell Automation Price Performance

Shares of ROK opened at $459.11 on Tuesday. The stock has a market cap of $51.09 billion, a P/E ratio of 47.72, a price-to-earnings-growth ratio of 2.94 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 stock’s 50-day moving average price is $461.32 and its two-hundred day moving average price is $420.30. 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 announced its quarterly earnings results 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 company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the business posted $2.45 EPS. Rockwell Automation’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. On average, equities analysts predict that Rockwell Automation, Inc. will post 13.06 earnings per share for the current year.

Rockwell Automation announced that its Board of Directors has approved 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 reacquire up to 2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Rockwell Automation Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio is currently 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.