Rockwell Automation, Inc. $ROK Shares Purchased by Osaic Holdings Inc.

Osaic Holdings Inc. boosted its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 14.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,430 shares of the industrial products company’s stock after purchasing an additional 5,249 shares during the period. Osaic Holdings Inc.’s holdings in Rockwell Automation were worth $13,721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in ROK. Brighton Jones LLC acquired a new position in shares of Rockwell Automation in the 4th quarter valued at about $281,000. American Century Companies Inc. raised its position in Rockwell Automation by 9.9% during the first quarter. American Century Companies Inc. now owns 30,737 shares of the industrial products company’s stock valued at $7,942,000 after acquiring an additional 2,775 shares in the last quarter. Versor Investments LP acquired a new position in Rockwell Automation in the first quarter valued at approximately $336,000. Aptus Capital Advisors LLC boosted its position in Rockwell Automation by 33.5% in the 1st quarter. Aptus Capital Advisors LLC now owns 2,922 shares of the industrial products company’s stock worth $755,000 after purchasing an additional 734 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of Rockwell Automation by 9.8% during the 1st quarter. Hsbc Holdings PLC now owns 218,560 shares of the industrial products company’s stock worth $56,211,000 after purchasing an additional 19,469 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Morgan Stanley increased their target price on shares of Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Bank of America raised their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, Jefferies Financial Group upped their price target on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $403.31.

Rockwell Automation Stock Up 0.5%

ROK stock opened at $391.59 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average of $376.88 and a two-hundred day moving average of $353.16. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $415.89. The company has a market cap of $43.97 billion, a price-to-earnings ratio of 51.12, a PEG ratio of 2.61 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the business earned $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. As a group, analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Insiders Place Their Bets

In other news, VP Terry L. Riesterer sold 225 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.13, for a total transaction of $90,479.25. Following the completion of the sale, the vice president owned 2,034 shares in the company, valued at $817,932.42. This trade represents a 9.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Isaac Woods sold 229 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total value of $92,039.68. Following the completion of the transaction, the vice president owned 2,058 shares in the company, valued at $827,151.36. This represents a 10.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 87,253 shares of company stock worth $34,405,319. 0.68% of the stock is currently owned by company insiders.

Rockwell Automation Company Profile

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.