Rockwell Automation, Inc. $ROK Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC increased its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 12.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,547 shares of the industrial products company’s stock after buying an additional 2,161 shares during the quarter. ProShare Advisors LLC’s holdings in Rockwell Automation were worth $6,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Goldman Sachs Group Inc. increased its stake in shares of Rockwell Automation by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock worth $470,091,000 after acquiring an additional 191,370 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Rockwell Automation by 0.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,579,956 shares of the industrial products company’s stock valued at $408,229,000 after purchasing an additional 9,920 shares during the last quarter. Invesco Ltd. grew its position in Rockwell Automation by 2.2% during the 1st quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock worth $374,176,000 after purchasing an additional 30,837 shares during the period. Northern Trust Corp lifted its holdings in shares of Rockwell Automation by 0.4% in the 1st quarter. Northern Trust Corp now owns 1,396,303 shares of the industrial products company’s stock valued at $360,777,000 after buying an additional 4,972 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Rockwell Automation by 1.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,170,010 shares of the industrial products company’s stock worth $302,307,000 after buying an additional 11,849 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROK has been the subject of several recent research reports. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Wednesday, October 8th. Citigroup restated a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. Oppenheimer restated an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a research note on Friday, November 7th. Finally, KeyCorp raised their price objective on shares of Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $364.75.

Rockwell Automation Stock Down 3.9%

Shares of Rockwell Automation stock opened at $379.15 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06. The company has a market cap of $42.63 billion, a P/E ratio of 44.50, a PEG ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $398.20. The firm has a fifty day moving average of $353.61 and a two-hundred day moving average of $335.45.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the firm posted $2.47 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Insider Buying and Selling

In related news, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $391.56, for a total transaction of $24,159,252.00. Following the completion of the transaction, the chief executive officer directly owned 83,873 shares of the company’s stock, valued at approximately $32,841,311.88. The trade was a 42.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director James P. Keane sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total transaction of $1,068,180.00. Following the completion of the sale, the director owned 9,192 shares in the company, valued at $3,272,903.52. This represents a 24.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 92,075 shares of company stock valued at $34,820,361 in the last 90 days. 0.68% of the stock is owned by corporate insiders.

About Rockwell Automation

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.