UniSuper Management Pty Ltd Buys 1,489 Shares of Rockwell Automation, Inc. $ROK

UniSuper Management Pty Ltd grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 0.9% during the third quarter, HoldingsChannel reports. The firm owned 167,535 shares of the industrial products company’s stock after buying an additional 1,489 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Rockwell Automation were worth $58,559,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Rockwell Automation by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after buying an additional 207,448 shares during the period. Geode Capital Management LLC lifted its position in Rockwell Automation by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock worth $950,744,000 after acquiring an additional 48,105 shares during the last quarter. Norges Bank bought a new stake in Rockwell Automation during the second quarter valued at about $368,575,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Rockwell Automation by 1.2% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,006,575 shares of the industrial products company’s stock valued at $334,354,000 after acquiring an additional 12,262 shares during the period. Finally, Holocene Advisors LP grew its position in shares of Rockwell Automation by 128.9% in the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Rockwell Automation

In related news, VP Isaac Woods sold 229 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $401.92, for a total transaction of $92,039.68. Following the completion of the sale, the vice president directly owned 2,058 shares of the company’s stock, valued at $827,151.36. This trade represents a 10.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $392.00, for a total value of $313,600.00. Following the completion of the transaction, the vice president directly owned 1,234 shares in the company, valued at approximately $483,728. This represents a 39.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,053 shares of company stock worth $34,718,919 over the last 90 days. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Down 1.8%

Rockwell Automation stock opened at $417.75 on Friday. The business has a 50 day moving average price of $399.62 and a two-hundred day moving average price of $367.51. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock has a market cap of $46.90 billion, a price-to-earnings ratio of 54.54, a price-to-earnings-growth ratio of 2.98 and a beta of 1.52. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $429.58.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.47 earnings per share. 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 EPS for the current year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is currently 72.06%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday. JPMorgan Chase & Co. raised their target price on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Argus raised Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Zacks Research lowered Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Finally, Citigroup raised their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $406.69.

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.