Rockwell Automation, Inc. $ROK Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. lowered its position in Rockwell Automation, Inc. (NYSE:ROK) by 22.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,249 shares of the industrial products company’s stock after selling 2,637 shares during the quarter. Pacer Advisors Inc.’s holdings in Rockwell Automation were worth $3,233,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its position in Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares during the period. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation during the second quarter valued at about $33,000. Legend Financial Advisors Inc. acquired a new stake in Rockwell Automation in the second quarter worth approximately $39,000. SBI Securities Co. Ltd. boosted its stake in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares in the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in shares of Rockwell Automation during the 2nd quarter valued at $40,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Down 0.7%

NYSE:ROK opened at $393.53 on Wednesday. The business’s fifty day moving average price is $385.04 and its 200 day moving average price is $357.88. The firm has a market capitalization of $44.18 billion, a price-to-earnings ratio of 51.37, a PEG ratio of 2.66 and a beta of 1.50. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $415.89.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating the consensus estimate of $2.94 by $0.40. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a $1.38 dividend. The ex-dividend date was Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Insider Buying and Selling at Rockwell Automation

In related news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of Rockwell Automation stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $403.45, for a total transaction of $956,176.50. Following the completion of the transaction, the senior vice president directly owned 1,964 shares of the company’s stock, valued at $792,375.80. This trade represents a 54.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Blake D. Moret sold 61,700 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were 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 owned 83,873 shares in the company, valued at approximately $32,841,311.88. This trade represents a 42.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 87,253 shares of company stock worth $34,405,319 in the last ninety days. 0.76% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on ROK shares. Robert W. Baird upped their price objective on Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Morgan Stanley boosted their price target on shares of Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Evercore ISI initiated coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective for the company. Bank of America lifted their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Finally, Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $403.31.

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.