Commerzbank Aktiengesellschaft FI Sells 7,000 Shares of Rockwell Automation, Inc. $ROK

Commerzbank Aktiengesellschaft FI cut its stake in Rockwell Automation, Inc. (NYSE:ROK) by 89.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 831 shares of the industrial products company’s stock after selling 7,000 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Rockwell Automation were worth $298,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of ROK. Richards Merrill & Peterson Inc. grew its holdings in shares of Rockwell Automation by 1.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock worth $487,000 after purchasing an additional 25 shares in the last quarter. Cidel Asset Management Inc. raised its stake in Rockwell Automation by 4.6% in the first quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock valued at $206,000 after purchasing an additional 25 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in Rockwell Automation by 0.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock valued at $1,544,000 after purchasing an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. lifted its position in Rockwell Automation by 1.9% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock worth $549,000 after purchasing an additional 27 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its position in Rockwell Automation by 2.0% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock worth $563,000 after purchasing an additional 28 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Scott Genereux sold 550 shares of Rockwell Automation stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total transaction of $246,251.50. Following the transaction, the vice president owned 2,764 shares in the company, valued at approximately $1,237,525.72. The trade was a 16.60% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. This represents a 7.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 9,361 shares of company stock worth $4,189,886. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. BNP Paribas Exane raised their target price on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Jefferies Financial Group reiterated a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 1st. Finally, Argus boosted their price objective on shares of Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $469.33.

Rockwell Automation Stock Performance

Shares of Rockwell Automation stock opened at $457.79 on Thursday. The company’s 50 day moving average price is $461.55 and its two-hundred day moving average price is $421.31. The firm has a market capitalization of $50.94 billion, a P/E ratio of 47.59, a P/E/G ratio of 2.96 and a beta of 1.54. Rockwell Automation, Inc. has a fifty-two week low of $305.44 and a fifty-two week high of $497.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities analysts forecast that Rockwell Automation, Inc. will post 13.06 earnings per share for the current fiscal year.

Rockwell Automation announced that its board has approved a share repurchase plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio (DPR) is currently 57.38%.

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.