Fieldview Capital Management LLC Makes New Investment in Rockwell Automation, Inc. $ROK

Fieldview Capital Management LLC bought a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,179 shares of the industrial products company’s stock, valued at approximately $459,000.

A number of other hedge funds also recently added to or reduced their stakes in ROK. Lansforsakringar Fondforvaltning AB publ raised its holdings in shares of Rockwell Automation by 7.1% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock valued at $21,613,000 after purchasing an additional 4,086 shares in the last quarter. Oak Thistle LLC acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at $1,556,000. Nordea Investment Management AB raised its holdings in shares of Rockwell Automation by 20.7% in the 4th quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock valued at $291,073,000 after purchasing an additional 127,733 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Rockwell Automation by 911.0% in the 4th quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock valued at $35,720,000 after purchasing an additional 82,727 shares in the last quarter. Finally, Maridea Wealth Management LLC raised its holdings in shares of Rockwell Automation by 580.0% in the 4th quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock valued at $2,148,000 after purchasing an additional 4,710 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Rockwell Automation Stock Up 1.0%

Shares of NYSE ROK opened at $463.84 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $473.91. The firm has a 50-day moving average price of $430.53 and a 200 day moving average price of $407.59. The stock has a market capitalization of $51.61 billion, a price-to-earnings ratio of 48.22, a price-to-earnings-growth ratio of 2.94 and a beta of 1.57.

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

Rockwell Automation announced that its board has initiated a stock repurchase program on Tuesday, June 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to purchase up to 2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s payout ratio is 57.38%.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction dated Thursday, June 4th. The shares were 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 $2,043,282.87. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Scott Genereux sold 550 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 2,764 shares of the company’s stock, valued at approximately $1,237,525.72. The trade was a 16.60% 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. Over the last quarter, insiders sold 12,308 shares of company stock valued at $5,339,812. Corporate insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on ROK. The Goldman Sachs Group increased their target price on shares of Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. Wall Street Zen downgraded shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a $380.00 target price (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. BNP Paribas Exane increased their target price on shares of Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of Rockwell Automation from $404.00 to $417.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $454.05.

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.