Commerzbank Aktiengesellschaft FI Takes $976,000 Position in Rockwell Automation, Inc. $ROK

Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,972 shares of the industrial products company’s stock, valued at approximately $976,000.

A number of other large investors have also recently added to or reduced their stakes in ROK. Flputnam Investment Management Co. purchased a new stake in Rockwell Automation in the 2nd quarter valued at about $1,001,000. Mandatum Life Insurance Co Ltd lifted its position in Rockwell Automation by 26.9% in the first quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock valued at $7,967,000 after buying an additional 4,700 shares during the last quarter. Brighton Jones LLC purchased a new position in Rockwell Automation during the fourth quarter worth about $281,000. Handelsbanken Fonder AB boosted its stake in Rockwell Automation by 24.6% during the fourth quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock worth $65,931,000 after buying an additional 33,413 shares during the period. Finally, Crossmark Global Holdings Inc. increased its position in shares of Rockwell Automation by 197.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 13,905 shares of the industrial products company’s stock valued at $5,410,000 after acquiring an additional 9,238 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ROK has been the topic of a number of research analyst reports. KeyCorp boosted their price target on shares of Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Barclays increased their price objective on shares of Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein boosted their target price on Rockwell Automation from $501.00 to $514.00 and gave the company a “market perform” rating in a research report on Friday. Rothschild & Co Redburn upped their price target on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company lifted their price objective on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $468.67.

Insider Transactions at Rockwell Automation

In related news, SVP Matthew W. Fordenwalt sold 377 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at $2,043,282.87. The trade was a 7.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Down 2.5%

Shares of ROK stock opened at $433.41 on Wednesday. Rockwell Automation, Inc. has a fifty-two week low of $332.71 and a fifty-two week high of $497.36. The company has a 50 day moving average price of $463.07 and a 200 day moving average price of $426.80. The stock has a market capitalization of $48.13 billion, a P/E ratio of 40.62, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.38 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities research analysts predict that Rockwell Automation, Inc. will post 13.22 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be issued a $1.38 dividend. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is 51.73%.

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

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.