5,000 Rockwell Automation, Inc. $ROK Shares Acquired by Davis Rea LTD.

Davis Rea LTD. raised its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 89.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,604 shares of the industrial products company’s stock after buying an additional 5,000 shares during the period. Rockwell Automation comprises approximately 1.3% of Davis Rea LTD.’s portfolio, making the stock its 23rd largest position. Davis Rea LTD.’s holdings in Rockwell Automation were worth $4,616,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Courier Capital LLC grew its position in Rockwell Automation by 88.7% during the 3rd quarter. Courier Capital LLC now owns 8,346 shares of the industrial products company’s stock worth $3,633,000 after acquiring an additional 3,924 shares during the last quarter. Ring Mountain Capital LLC increased its stake in Rockwell Automation by 21.7% in the 3rd quarter. Ring Mountain Capital LLC now owns 499 shares of the industrial products company’s stock worth $217,000 after purchasing an additional 89 shares during the period. Sax Wealth Advisors LLC increased its stake in Rockwell Automation by 12.5% in the 3rd quarter. Sax Wealth Advisors LLC now owns 665 shares of the industrial products company’s stock worth $289,000 after purchasing an additional 74 shares during the period. NorthCrest Asset Manangement LLC increased its stake in Rockwell Automation by 3.7% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 27,012 shares of the industrial products company’s stock worth $11,727,000 after purchasing an additional 968 shares during the period. Finally, Wedmont Private Capital lifted its position in Rockwell Automation by 8.1% in the third quarter. Wedmont Private Capital now owns 3,352 shares of the industrial products company’s stock valued at $1,455,000 after purchasing an additional 251 shares during the last quarter. 75.75% of the stock is owned by institutional investors.

Rockwell Automation Trading Down 0.5%

NYSE:ROK traded down $1.96 during mid-day trading on Tuesday, reaching $432.01. 919,883 shares of the company’s stock traded hands, compared to its average volume of 849,920. Rockwell Automation, Inc. has a 12-month low of $335.17 and a 12-month high of $497.36. The firm has a market capitalization of $47.97 billion, a price-to-earnings ratio of 40.49, a PEG ratio of 2.05 and a beta of 1.51. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. The company has a 50 day moving average price of $433.50 and a 200-day moving average price of $438.31.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the business posted $2.82 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, sell-side analysts predict that Rockwell Automation, Inc. will post 13.25 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ROK. Robert W. Baird set a $514.00 price objective on Rockwell Automation in a research note on Wednesday, August 5th. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a research note on Monday, September 14th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Rockwell Automation from $469.00 to $500.00 and gave the company a “hold” rating in a report on Wednesday, September 30th. Finally, Citigroup dropped their price target on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat, Rockwell Automation has an average rating of “Hold” and an average price target of $469.82.

Insiders Place Their Bets

In related news, CFO Christian Rothe sold 590 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $434.30, for a total transaction of $256,237.00. Following the completion of the transaction, the chief financial officer owned 10,429 shares in the company, valued at $4,529,314.70. This represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Isaac Woods sold 154 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $432.62, for a total value of $66,623.48. Following the transaction, the vice president owned 1,858 shares of the company’s stock, valued at approximately $803,807.96. This represents a 7.65% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 2,711 shares of company stock valued at $1,164,880 over the last three months. 0.76% of the stock is currently owned by corporate insiders.

About Rockwell Automation

Rockwell Automation, Inc is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and other industrial organizations improve productivity, quality, safety, and operational efficiency by connecting industrial equipment, control systems, software, and data.

Its offerings include programmable logic controllers, industrial computers, motor control and drives, sensors, safety systems, human-machine interfaces, and other control and electrical products.