Sei Investments Co. Has $22.05 Million Holdings in Rockwell Automation, Inc. $ROK

Sei Investments Co. cut its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 36.3% during the 1st quarter, Holdings Channel reports. The firm owned 61,447 shares of the industrial products company’s stock after selling 35,007 shares during the period. Sei Investments Co.’s holdings in Rockwell Automation were worth $22,053,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ROK. Brighton Jones LLC bought a new position in Rockwell Automation during the 4th quarter worth $281,000. AQR Capital Management LLC grew its holdings in shares of Rockwell Automation by 75.9% during the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after purchasing an additional 3,513 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Rockwell Automation by 142.7% during the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after purchasing an additional 4,295 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Rockwell Automation by 233.6% in the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 1,315 shares during the period. Finally, Jump Financial LLC bought a new position in shares of Rockwell Automation in the second quarter worth $868,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Rockwell Automation news, VP Terry L. Riesterer sold 4,024 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the completion of the transaction, the vice president owned 134 shares of the company’s stock, valued at $60,563.98. This represents a 96.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Matthew W. Fordenwalt sold 600 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $449.58, for a total value of $269,748.00. Following the completion of the transaction, the senior vice president owned 4,437 shares of the company’s stock, valued at $1,994,786.46. This represents a 11.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 9,361 shares of company stock worth $4,189,886. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $471.57 on Wednesday. Rockwell Automation, Inc. has a one year low of $305.44 and a one year high of $497.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The company has a market cap of $52.47 billion, a price-to-earnings ratio of 49.02, a PEG ratio of 2.97 and a beta of 1.54. The firm has a 50 day simple moving average of $463.54 and a 200 day simple moving average of $422.98.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Research analysts predict that Rockwell Automation, Inc. will post 13.06 earnings per share for the current fiscal year.

Rockwell Automation announced that its board has authorized a share buyback program on Tuesday, June 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Rockwell Automation Announces Dividend

The company 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 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 yield of 1.2%. Rockwell Automation’s payout ratio is currently 57.38%.

Wall Street Analyst Weigh In

ROK has been the subject of several recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $380.00 price objective (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. Barclays raised their target price on shares of Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Zacks Research upgraded shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 1st. HSBC upped their price target on shares of Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. Finally, Rothschild & Co Redburn lifted their price objective on shares of Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $469.33.

Rockwell Automation 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.