25,777 Shares in Rockwell Automation, Inc. $ROK Bought by EFG International AG

EFG International AG purchased a new position in Rockwell Automation, Inc. (NYSE:ROK) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,777 shares of the industrial products company’s stock, valued at approximately $12,765,000.

Other institutional investors have also added to or reduced their stakes in the company. Flputnam Investment Management Co. purchased a new position in shares of Rockwell Automation in the second quarter worth $1,001,000. Mandatum Life Insurance Co Ltd boosted its position in Rockwell Automation by 26.9% during the 1st 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 period. Brighton Jones LLC purchased a new stake in Rockwell Automation during the 4th quarter valued at $281,000. Handelsbanken Fonder AB grew its holdings in Rockwell Automation by 24.6% in the 4th quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock worth $65,931,000 after acquiring an additional 33,413 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in Rockwell Automation by 197.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 13,905 shares of the industrial products company’s stock worth $5,410,000 after acquiring an additional 9,238 shares during the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Robert W. Baird set a $514.00 price objective on shares of Rockwell Automation in a research note on Wednesday, August 5th. Argus raised their target price on Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Evercore set a $485.00 price target on Rockwell Automation in a report on Wednesday, August 5th. Wells Fargo & Company upped their price target on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Sanford C. Bernstein lifted their price objective on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a research report on Friday, August 14th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $468.19.

Insider Buying and Selling

In other news, CFO Christian E. Rothe sold 590 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $434.30, for a total value of $256,237.00. Following the completion of the transaction, the chief financial officer owned 10,429 shares of the company’s stock, valued at approximately $4,529,314.70. This represents a 5.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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, SVP Matthew W. Fordenwalt sold 377 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the transaction, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. The trade was a 7.83% 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. Insiders have sold a total of 1,185 shares of company stock worth $529,331 in the last quarter. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Up 0.1%

NYSE:ROK opened at $430.01 on Wednesday. The company has a 50-day moving average price of $460.57 and a 200-day moving average price of $426.97. Rockwell Automation, Inc. has a 12 month low of $332.71 and a 12 month high of $497.36. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The stock has a market cap of $47.75 billion, a price-to-earnings ratio of 40.30, a P/E/G ratio of 2.51 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm posted $2.82 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities analysts predict that Rockwell Automation, Inc. will post 13.21 EPS for the current year.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 1.3%. Rockwell Automation’s dividend payout ratio is 51.73%.

Rockwell Automation announced that its board has initiated a share buyback plan 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 stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

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.