161,408 Shares in Rockwell Automation, Inc. $ROK Acquired by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec acquired a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 161,408 shares of the industrial products company’s stock, valued at approximately $79,910,000.

Other hedge funds have also made changes to their positions in the company. Virtus Advisers LLC bought a new position in shares of Rockwell Automation during the second quarter valued at approximately $25,000. MV Capital Management Inc. bought a new position in Rockwell Automation in the fourth quarter worth approximately $28,000. Manchester Capital Management LLC lifted its holdings in Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after buying an additional 39 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in Rockwell Automation during the 1st quarter valued at $31,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation during the 4th quarter valued at $33,000. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ROK has been the subject of several recent research reports. Argus boosted their price target on Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. BNP Paribas Exane raised their price objective on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. HSBC lifted their target price on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their price target 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. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $468.19.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, CFO Christian E. Rothe sold 590 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the transaction, the chief financial officer owned 10,429 shares in the company, valued at approximately $4,529,314.70. This represents a 5.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 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 approximately $2,043,282.87. This represents a 7.83% decrease in their position. 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. In the last three months, insiders have sold 1,185 shares of company stock worth $529,331. 0.76% of the stock is owned by insiders.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $432.38 on Friday. Rockwell Automation, Inc. has a 12-month low of $332.71 and a 12-month high of $497.36. The business’s fifty day simple moving average is $459.20 and its 200-day simple moving average is $427.29. 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 company has a market cap of $48.02 billion, a PE ratio of 40.52, a PEG ratio of 2.52 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Analysts expect that Rockwell Automation, Inc. will post 13.21 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

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 paid 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 of Directors has approved a share buyback plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to buy up to 2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

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.