Rockwell Automation, Inc. $ROK Holdings Increased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 15.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 602,181 shares of the industrial products company’s stock after acquiring an additional 79,545 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Rockwell Automation were worth $216,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in ROK. MV Capital Management Inc. purchased a new stake in shares of Rockwell Automation in the fourth quarter worth approximately $28,000. Manchester Capital Management LLC increased its stake in Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Rockwell Automation during the first quarter worth approximately $31,000. First Horizon Corp acquired a new stake in Rockwell Automation in the 4th quarter valued at about $32,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in shares of Rockwell Automation during the fourth quarter worth approximately $33,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Terry L. Riesterer sold 4,024 shares of Rockwell Automation stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the transaction, the vice president owned 134 shares in the company, valued at approximately $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Christopher Nardecchia sold 2,538 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the completion of the sale, the senior vice president directly owned 14,232 shares in the company, valued at approximately $6,353,591.76. This trade represents a 15.13% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 over the last ninety days. Corporate insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. DA Davidson assumed coverage on Rockwell Automation in a research report on Tuesday, June 16th. They set a “neutral” rating and a $500.00 price objective for the company. Argus increased their target price on Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Morgan Stanley restated an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Mizuho set a $445.00 price objective on Rockwell Automation in a research note on Wednesday, May 6th. Finally, HSBC lifted their price objective on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. One 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, Rockwell Automation presently has an average rating of “Moderate Buy” and an average price target of $469.33.

Rockwell Automation Stock Performance

NYSE ROK opened at $462.55 on Friday. The firm has a market cap of $51.47 billion, a P/E ratio of 48.08, a price-to-earnings-growth ratio of 2.94 and a beta of 1.54. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average is $461.94 and its 200-day moving average is $422.04. Rockwell Automation, Inc. has a 12-month low of $305.44 and a 12-month high of $497.36.

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, beating analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period in the previous year, the business earned $2.45 EPS. Rockwell Automation’s revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Sell-side analysts predict that Rockwell Automation, Inc. will post 13.06 earnings per share 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 purchase up to 2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Rockwell Automation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.38 per share. 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 57.38%.

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.