Y Intercept Hong Kong Ltd Acquires New Shares in Rockwell Automation, Inc. $ROK

Y Intercept Hong Kong Ltd purchased a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,627 shares of the industrial products company’s stock, valued at approximately $3,714,000.

Other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new position in shares of Rockwell Automation during the second quarter worth $33,000. SBI Securities Co. Ltd. grew its stake in shares of Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 38 shares during the last quarter. Financial Gravity Companies Inc. bought a new position in Rockwell Automation during the 2nd quarter worth $40,000. Finally, Sachetta LLC grew its position in shares of Rockwell Automation by 900.0% in the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock valued at $42,000 after buying an additional 108 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on ROK shares. Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. JPMorgan Chase & Co. raised their price target on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Jefferies Financial Group upped their price objective on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Finally, Citigroup boosted their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a report on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Stock Performance

NYSE:ROK opened at $417.75 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $429.58. The company has a fifty day moving average of $399.62 and a 200-day moving average of $367.91. The firm has a market capitalization of $46.90 billion, a P/E ratio of 54.54, a P/E/G ratio of 2.93 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.40. The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. Rockwell Automation’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, sell-side analysts anticipate 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 given a dividend of $1.38 per share. 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. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s payout ratio is currently 72.06%.

Insider Buying and Selling

In related news, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $391.56, for a total value of $24,159,252.00. Following the completion of the sale, the chief executive officer owned 83,873 shares of the company’s stock, valued at approximately $32,841,311.88. This trade represents a 42.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Rebecca W. House sold 1,698 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total transaction of $682,697.88. Following the sale, the senior vice president owned 12,200 shares of the company’s stock, valued at $4,905,132. This trade represents a 12.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 88,053 shares of company stock worth $34,718,919 over the last quarter. Corporate insiders own 0.76% of the company’s stock.

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.