Fox Run Management L.L.C. Takes $2.48 Million Position in Rockwell Automation, Inc. $ROK

Fox Run Management L.L.C. purchased a new stake in Rockwell Automation, Inc. (NYSE:ROK) in the fourth quarter, Holdings Channel reports. The firm purchased 6,368 shares of the industrial products company’s stock, valued at approximately $2,478,000. Rockwell Automation accounts for approximately 0.4% of Fox Run Management L.L.C.’s portfolio, making the stock its 11th biggest position.

Other large investors have also made changes to their positions in the company. Manchester Capital Management LLC grew its position in shares of Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. First Horizon Corp purchased a new position in Rockwell Automation in the fourth quarter worth approximately $32,000. BOK Financial Private Wealth Inc. purchased a new position in Rockwell Automation in the fourth quarter worth approximately $33,000. Fortitude Family Office LLC grew its position in Rockwell Automation by 109.5% in the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 46 shares during the period. Finally, Ameriflex Group Inc. grew its position in Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 50 shares during the period. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ROK has been the subject of several analyst reports. Robert W. Baird lowered their price objective on Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. The Goldman Sachs Group increased their price objective on Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. Wells Fargo & Company increased their price objective on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Evercore increased their price objective on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. Finally, HSBC increased their price objective on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $449.16.

Rockwell Automation Trading Up 1.1%

ROK opened at $451.57 on Tuesday. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $468.11. The business has a fifty day simple moving average of $420.75 and a 200-day simple moving average of $404.88. The firm has a market cap of $50.25 billion, a P/E ratio of 46.94, a P/E/G ratio of 2.86 and a beta of 1.57. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period last year, the business posted $2.45 earnings per share. The company’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities analysts expect that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is currently 57.38%.

Insiders Place Their Bets

In other news, SVP Matthew W. Fordenwalt sold 377 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total value of $173,612.27. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. This trade represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the sale, the vice president owned 5,615 shares in the company, valued at approximately $2,392,102.30. The trade was a 15.80% decrease in their ownership of the stock. 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 90 days, insiders sold 12,308 shares of company stock valued at $5,339,812. 0.76% of the stock is owned by company insiders.

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.