Clare Market Investments LLC Makes New $1.65 Million Investment in Rockwell Automation, Inc. $ROK

Clare Market Investments LLC bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,586 shares of the industrial products company’s stock, valued at approximately $1,646,000.

Other hedge funds have also made changes to their positions in the company. Whittier Trust Co. boosted its position in shares of Rockwell Automation by 4.9% in the 1st quarter. Whittier Trust Co. now owns 2,460 shares of the industrial products company’s stock worth $903,000 after buying an additional 115 shares in the last quarter. DGS Capital Management LLC purchased a new position in Rockwell Automation during the 1st quarter valued at about $225,000. Ascentis Independent Advisors purchased a new position in Rockwell Automation during the 1st quarter valued at about $43,000. QRG Capital Management Inc. grew its position in shares of Rockwell Automation by 2.6% in the first quarter. QRG Capital Management Inc. now owns 3,592 shares of the industrial products company’s stock valued at $1,289,000 after purchasing an additional 90 shares during the last quarter. Finally, HB Wealth Management LLC grew its position in shares of Rockwell Automation by 6.5% in the first quarter. HB Wealth Management LLC now owns 3,772 shares of the industrial products company’s stock valued at $1,354,000 after purchasing an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Activity

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $387.50, for a total value of $484,375.00. Following the sale, the senior vice president directly owned 1,734 shares of the company’s stock, valued at approximately $671,925. This trade represents a 41.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of Rockwell Automation stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $451.97, for a total value of $1,818,727.28. Following the completion of the sale, the vice president owned 134 shares of the company’s stock, valued at $60,563.98. This trade represents a 96.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,009 shares of company stock valued at $5,232,471 in the last three months. Company insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on ROK shares. JPMorgan Chase & Co. lifted their price objective on Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. BNP Paribas Exane increased their target price on Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. Evercore raised their price target on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. Mizuho set a $445.00 price objective on Rockwell Automation in a research report on Wednesday, May 6th. Finally, TD Cowen increased their price objective on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $466.71.

Rockwell Automation Stock Performance

Shares of ROK opened at $467.62 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. The company has a market capitalization of $52.03 billion, a price-to-earnings ratio of 48.45, a PEG ratio of 3.01 and a beta of 1.54. The company’s 50 day simple moving average is $452.22 and its 200 day simple moving average is $414.81. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $497.36.

Rockwell Automation (NYSE:ROK) last released its 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. The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. Rockwell Automation’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, sell-side analysts predict that Rockwell Automation, Inc. will post 13.05 EPS for the current year.

Rockwell Automation declared that its Board of Directors has authorized a share buyback plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is 57.38%.

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.