Rockwell Automation, Inc. $ROK Shares Bought by Investment Partners LTD.

Investment Partners LTD. lifted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 235.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,018 shares of the industrial products company’s stock after purchasing an additional 1,417 shares during the period. Investment Partners LTD.’s holdings in Rockwell Automation were worth $878,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ROK. MGO One Seven LLC grew its stake in shares of Rockwell Automation by 6.2% in the third quarter. MGO One Seven LLC now owns 1,541 shares of the industrial products company’s stock valued at $671,000 after acquiring an additional 90 shares in the last quarter. Sagace Wealth Management LLC bought a new stake in Rockwell Automation during the third quarter worth $220,000. Americana Partners LLC lifted its stake in Rockwell Automation by 31.9% in the third quarter. Americana Partners LLC now owns 836 shares of the industrial products company’s stock valued at $364,000 after purchasing an additional 202 shares during the last quarter. Modera Wealth Management LLC increased its holdings in shares of Rockwell Automation by 9.5% in the third quarter. Modera Wealth Management LLC now owns 1,427 shares of the industrial products company’s stock worth $621,000 after purchasing an additional 124 shares during the period. Finally, State of Wyoming lifted its stake in Rockwell Automation by 390.7% in the third quarter. State of Wyoming now owns 795 shares of the industrial products company’s stock worth $346,000 after purchasing an additional 633 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, CFO Christian Rothe sold 590 shares of Rockwell Automation 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 sale, the chief financial officer directly owned 10,429 shares of the company’s stock, valued at approximately $4,529,314.70. The trade was a 5.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 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 transaction, the vice president owned 1,858 shares in the company, valued at approximately $803,807.96. This trade represents a 7.65% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 worth $1,164,880 in the last quarter. 0.76% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on ROK shares. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Robert W. Baird set a $514.00 price target on Rockwell Automation in a research report on Wednesday, August 5th. Evercore set a $485.00 price target on shares of Rockwell Automation in a research note on Wednesday, August 5th. Mizuho reduced their target price on shares of Rockwell Automation from $445.00 to $430.00 and set a “neutral” rating for the company in a research note on Thursday, October 15th. Finally, DA Davidson dropped their price objective on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a research note on Friday, August 21st. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, Rockwell Automation has an average rating of “Hold” and an average price target of $468.00.

Rockwell Automation Price Performance

Shares of ROK stock opened at $435.64 on Friday. The firm has a market capitalization of $48.38 billion, a price-to-earnings ratio of 40.83, a PEG ratio of 2.07 and a beta of 1.51. Rockwell Automation, Inc. has a 1 year low of $347.53 and a 1 year high of $497.36. The firm’s 50 day moving average is $430.91 and its 200-day moving average is $427.26. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, topping analysts’ consensus estimates 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 company posted $2.82 earnings per share. Rockwell Automation’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. Sell-side analysts forecast that Rockwell Automation, Inc. will post 13.26 EPS for the current fiscal year.

About Rockwell Automation

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.