Mairs & Power Inc. Trims Stock Holdings in Rockwell Automation, Inc. $ROK

Mairs & Power Inc. decreased its position in Rockwell Automation, Inc. (NYSE:ROK) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 410,777 shares of the industrial products company’s stock after selling 2,145 shares during the quarter. Rockwell Automation makes up 1.3% of Mairs & Power Inc.’s portfolio, making the stock its 26th biggest position. Mairs & Power Inc. owned approximately 0.37% of Rockwell Automation worth $143,579,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ grew its holdings in Rockwell Automation by 7.1% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock worth $21,613,000 after purchasing an additional 4,086 shares during the period. Bessemer Group Inc. increased its stake in shares of Rockwell Automation by 180.5% during the third quarter. Bessemer Group Inc. now owns 5,842 shares of the industrial products company’s stock valued at $2,042,000 after purchasing an additional 3,759 shares in the last quarter. Brighton Jones LLC purchased a new position in shares of Rockwell Automation during the fourth quarter valued at approximately $281,000. Ferguson Wellman Capital Management Inc. bought a new stake in shares of Rockwell Automation in the 3rd quarter worth approximately $777,000. Finally, Schroder Investment Management Group boosted its position in shares of Rockwell Automation by 796.0% in the 2nd quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock worth $32,342,000 after purchasing an additional 86,500 shares in the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Up 0.8%

ROK stock opened at $363.98 on Tuesday. The business’s 50-day moving average price is $403.14 and its 200-day moving average price is $380.95. The stock has a market cap of $40.90 billion, a P/E ratio of 41.65, a PEG ratio of 2.58 and a beta of 1.53. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $438.72. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.Rockwell Automation’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were paid a $1.38 dividend. The ex-dividend date was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s payout ratio is presently 63.16%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Citigroup raised their price target on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Morgan Stanley reiterated an “overweight” rating and set a $460.00 target price on shares of Rockwell Automation in a research note on Sunday, February 8th. The Goldman Sachs Group raised Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $329.00 to $448.00 in a report on Tuesday, December 16th. Barclays boosted their price target on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Finally, Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $418.33.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Rebecca W. House sold 12,100 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $404.27, for a total value of $4,891,667.00. Following the completion of the transaction, the senior vice president owned 12,200 shares in the company, valued at approximately $4,932,094. The trade was a 49.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Isaac Woods sold 1,271 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $405.69, for a total transaction of $515,631.99. Following the transaction, the vice president owned 1,687 shares in the company, valued at $684,399.03. This trade represents a 42.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 49,228 shares of company stock worth $19,992,391. Insiders own 0.76% of the company’s stock.

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.