Rockefeller Capital Management L.P. Buys 1,362 Shares of Rockwell Automation, Inc. $ROK

Rockefeller Capital Management L.P. increased its stake in Rockwell Automation, Inc. (NYSE:ROK) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,988 shares of the industrial products company’s stock after buying an additional 1,362 shares during the period. Rockefeller Capital Management L.P. owned 0.06% of Rockwell Automation worth $26,452,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ raised its position 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 worth $21,613,000 after purchasing an additional 4,086 shares during the last quarter. Oak Thistle LLC purchased a new position in shares of Rockwell Automation during the fourth quarter valued at approximately $1,556,000. Nordea Investment Management AB lifted its holdings in shares of Rockwell Automation by 20.7% during 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 buying an additional 127,733 shares during the period. SG Americas Securities LLC lifted its holdings in Rockwell Automation by 911.0% in the fourth quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock valued at $35,720,000 after acquiring an additional 82,727 shares during the period. Finally, Maridea Wealth Management LLC lifted its stake 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 worth $2,148,000 after purchasing an additional 4,710 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Up 0.9%

ROK opened at $478.09 on Tuesday. The firm has a market cap of $53.20 billion, a price-to-earnings ratio of 49.70, a PEG ratio of 3.03 and a beta of 1.57. The stock has a fifty day moving average price of $439.82 and a 200-day moving average price of $410.34. Rockwell Automation, Inc. has a 12 month low of $305.44 and a 12 month high of $479.59. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The business had revenue of $2.24 billion for 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 company’s revenue was up 11.9% compared to the same quarter last year. During the same period last year, the business earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities research analysts anticipate that Rockwell Automation, Inc. will post 13 earnings per share for the current fiscal year.

Rockwell Automation announced that its board has approved a stock buyback program 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 reacquire up to 2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Rockwell Automation Announces Dividend

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

Insiders Place Their Bets

In other news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of Rockwell Automation stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total transaction of $484,375.00. Following the completion of the sale, the senior vice president directly owned 1,734 shares in the company, valued at approximately $671,925. The trade was a 41.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at approximately $2,392,102.30. This represents a 15.80% 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. In the last quarter, insiders have sold 12,308 shares of company stock valued at $5,339,812. Corporate insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. HSBC raised their target price on Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. DA Davidson started coverage on shares of Rockwell Automation in a report on Tuesday, June 16th. They issued a “neutral” rating and a $500.00 target price on the stock. TD Cowen boosted their target price on Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Rothschild & Co Redburn upped their price target on shares of Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $380.00 price objective (down from $490.00) on shares of Rockwell Automation in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $454.05.

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.