Valen Private Capital LLC Acquires 1,591 Shares of Rockwell Automation, Inc. $ROK

Valen Private Capital LLC acquired a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the third quarter, according to its most recent filing with the SEC. The firm acquired 1,591 shares of the industrial products company’s stock, valued at approximately $693,000.

Other hedge funds have also recently bought and sold shares of the company. Flputnam Investment Management Co. bought a new stake in Rockwell Automation during the 2nd quarter worth about $1,001,000. Mandatum Life Insurance Co Ltd lifted its position in Rockwell Automation by 26.9% during the 1st quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock valued at $7,967,000 after purchasing an additional 4,700 shares during the period. Lombard Odier Asset Management Europe Ltd lifted its position in Rockwell Automation by 54.2% during the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 36,211 shares of the industrial products company’s stock valued at $12,995,000 after purchasing an additional 12,727 shares during the period. iA Global Asset Management Inc. acquired a new position in Rockwell Automation during the 1st quarter valued at about $3,193,000. Finally, Contravisory Investment Management Inc. boosted its stake in shares of Rockwell Automation by 9,354.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 18,152 shares of the industrial products company’s stock valued at $8,987,000 after purchasing an additional 17,960 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ROK has been the subject of several analyst reports. Morgan Stanley set a $520.00 price target on shares of Rockwell Automation in a research report on Friday, October 16th. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Evercore set a $485.00 price objective on shares of Rockwell Automation in a report on Wednesday, August 5th. The Goldman Sachs Group cut their price objective on shares of Rockwell Automation from $510.00 to $485.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. Finally, Robert W. Baird set a $514.00 price objective on shares of Rockwell Automation in a research note on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $468.00.

Rockwell Automation Stock Up 0.5%

Shares of Rockwell Automation stock opened at $425.78 on Friday. The business has a fifty day simple moving average of $430.47 and a 200 day simple moving average of $441.53. The stock has a market cap of $47.28 billion, a PE ratio of 39.90, a price-to-earnings-growth ratio of 2.02 and a beta of 1.51. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.74. Rockwell Automation, Inc. has a 12 month low of $347.53 and a 12 month high of $497.36.

Rockwell Automation (NYSE:ROK) last released its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating 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 firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the firm posted $2.82 earnings per share. The company’s quarterly 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. Research analysts predict that Rockwell Automation, Inc. will post 13.26 EPS for the current year.

Insider Buying and Selling

In other news, Director Patricia A. Watson sold 1,100 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the sale, the director directly owned 6,385 shares of the company’s stock, valued at $2,754,680.55. This represents a 14.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Isaac Woods sold 154 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $432.62, for a total transaction of $66,623.48. Following the completion of the sale, the vice president owned 1,858 shares in the company, valued at $803,807.96. This represents a 7.65% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 2,711 shares of company stock valued at $1,164,880 over the last 90 days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Company Profile

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.