Goldman Sachs Group Inc. Boosts Holdings in Rockwell Automation, Inc. $ROK

Goldman Sachs Group Inc. grew its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,104,985 shares of the industrial products company’s stock after purchasing an additional 24,719 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Rockwell Automation were worth $818,986,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Horizon Corp purchased a new position in shares of Rockwell Automation in the fourth quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Rockwell Automation in the fourth quarter valued at approximately $33,000. Fortitude Family Office LLC boosted its stake in shares of Rockwell Automation by 109.5% in the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 46 shares during the period. Ameriflex Group Inc. boosted its stake in shares of Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 50 shares during the period. Finally, Dynamic Wealth Strategies LLC boosted its stake in shares of Rockwell Automation by 80.7% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 103 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK opened at $461.76 on Thursday. The stock has a 50 day moving average price of $415.09 and a 200 day moving average price of $403.13. 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 has a market capitalization of $51.38 billion, a price-to-earnings ratio of 48.00, a price-to-earnings-growth ratio of 2.97 and a beta of 1.57. Rockwell Automation, Inc. has a 52-week low of $305.44 and a 52-week high of $468.11.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Research analysts predict that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s dividend payout ratio is 57.38%.

Analysts Set New Price Targets

ROK has been the subject of a number of analyst reports. Morgan Stanley reissued an “overweight” rating and set a $525.00 price objective on shares of Rockwell Automation in a research report on Wednesday, May 6th. Wells Fargo & Company boosted their price objective on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Evercore boosted their price objective on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. BNP Paribas Exane boosted their price objective on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and an average target price of $449.16.

Insider Transactions at Rockwell Automation

In related news, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the transaction, the vice president directly owned 5,615 shares of the company’s stock, valued at $2,392,102.30. This represents a 15.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the company’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total value of $484,375.00. Following the completion of the transaction, the senior vice president directly owned 1,734 shares of the company’s stock, valued at $671,925. This trade represents a 41.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,931 shares of company stock valued at $5,166,199 over the last three months. 0.76% of the stock is owned by corporate insiders.

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.