Sumitomo Mitsui Trust Group Inc. Has $348.55 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Sumitomo Mitsui Trust Group Inc. lowered its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 997,190 shares of the industrial products company’s stock after selling 9,385 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.89% of Rockwell Automation worth $348,548,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Rockwell Automation in the second quarter worth about $368,575,000. Holocene Advisors LP lifted its holdings in Rockwell Automation by 128.9% in the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock worth $287,989,000 after purchasing an additional 488,262 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Rockwell Automation by 720.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after purchasing an additional 350,662 shares during the last quarter. Ontario Teachers Pension Plan Board raised its position in shares of Rockwell Automation by 7,730.3% in the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after purchasing an additional 350,261 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Rockwell Automation by 294.5% in the second quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock worth $142,664,000 after buying an additional 320,627 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ROK has been the topic of several recent analyst reports. Zacks Research upgraded shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. 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. Evercore ISI started coverage on Rockwell Automation in a research report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price target on the stock. TD Cowen increased their price objective on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Finally, Jefferies Financial Group boosted their target price on shares of Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Two investment 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 company. According to data from MarketBeat.com, Rockwell Automation currently has an average rating of “Moderate Buy” and an average price target of $406.13.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Rebecca W. House sold 1,698 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the sale, the senior vice president owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This represents a 12.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Scott Genereux sold 1,387 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total transaction of $557,615.61. Following the completion of the sale, the vice president owned 4,514 shares of the company’s stock, valued at approximately $1,814,763.42. This represents a 23.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 88,053 shares of company stock worth $34,718,919 over the last ninety days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Stock Up 1.7%

NYSE ROK opened at $410.56 on Monday. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $415.89. The company has a market capitalization of $46.09 billion, a price-to-earnings ratio of 53.60, a PEG ratio of 2.75 and a beta of 1.52. The stock’s 50 day moving average is $391.60 and its two-hundred day moving average is $362.37. 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 (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the company earned $2.47 EPS. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

About Rockwell Automation

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.