Rockwell Automation, Inc. $ROK Shares Purchased by National Pension Service

National Pension Service boosted its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,981 shares of the industrial products company’s stock after buying an additional 1,294 shares during the quarter. National Pension Service’s holdings in Rockwell Automation were worth $53,141,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Goldman Sachs Group Inc. raised its stake in shares of Rockwell Automation by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after acquiring an additional 191,370 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Rockwell Automation by 0.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,579,956 shares of the industrial products company’s stock valued at $408,229,000 after buying an additional 9,920 shares during the period. Invesco Ltd. increased its stake in shares of Rockwell Automation by 2.2% during the first quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock worth $374,176,000 after buying an additional 30,837 shares during the period. Northern Trust Corp raised its holdings in Rockwell Automation by 0.4% in the first quarter. Northern Trust Corp now owns 1,396,303 shares of the industrial products company’s stock valued at $360,777,000 after acquiring an additional 4,972 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Rockwell Automation by 1.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,170,010 shares of the industrial products company’s stock worth $302,307,000 after acquiring an additional 11,849 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insiders Place Their Bets

In other news, Director James P. Keane sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total value of $1,068,180.00. Following the completion of the transaction, the director directly owned 9,192 shares of the company’s stock, valued at $3,272,903.52. The trade was a 24.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Isaac Woods sold 250 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $350.00, for a total value of $87,500.00. Following the completion of the transaction, the vice president owned 1,662 shares of the company’s stock, valued at $581,700. This trade represents a 13.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 92,075 shares of company stock valued at $34,820,361. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

ROK has been the topic of a number of recent analyst reports. Oppenheimer reissued an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a research report on Friday, November 7th. Wells Fargo & Company lifted their price target on Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. KeyCorp increased their price objective on Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. Morgan Stanley raised their target price on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, JPMorgan Chase & Co. increased their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Rockwell Automation currently has an average rating of “Moderate Buy” and an average target price of $364.75.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $379.15 on Friday. The firm has a market capitalization of $42.63 billion, a price-to-earnings ratio of 44.50, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. The business’s 50 day simple moving average is $353.61 and its 200-day simple moving average is $335.45. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $398.20.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the previous year, the business earned $2.47 earnings per share. Rockwell Automation’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.