Isthmus Partners LLC Sells 1,274 Shares of Rockwell Automation, Inc. $ROK

Isthmus Partners LLC trimmed its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 3.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,300 shares of the industrial products company’s stock after selling 1,274 shares during the period. Rockwell Automation comprises about 1.5% of Isthmus Partners LLC’s investment portfolio, making the stock its 22nd largest holding. Isthmus Partners LLC’s holdings in Rockwell Automation were worth $14,104,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. MV Capital Management Inc. acquired a new position in shares of Rockwell Automation in the fourth quarter valued at approximately $28,000. Manchester Capital Management LLC boosted its stake in Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 39 shares during the period. First Horizon Corp bought a new position in Rockwell Automation during the 4th quarter worth about $32,000. BOK Financial Private Wealth Inc. bought a new position in Rockwell Automation during the 4th quarter worth about $33,000. Finally, TD Capital Management LLC acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at about $33,000. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Price Performance

Shares of NYSE ROK opened at $464.26 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The business has a 50-day moving average of $456.21 and a 200-day moving average of $416.47. The stock has a market capitalization of $51.66 billion, a price-to-earnings ratio of 48.26, a PEG ratio of 2.99 and a beta of 1.54. Rockwell Automation, Inc. has a fifty-two week low of $305.44 and a fifty-two week high of $497.36.

Rockwell Automation (NYSE:ROK) last released its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (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 for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the prior year, the company posted $2.45 earnings per share. Rockwell Automation’s 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. As a group, sell-side analysts predict that Rockwell Automation, Inc. will post 13.06 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

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

Rockwell Automation announced that its Board of Directors has initiated a share buyback plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to purchase up to 2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

ROK has been the subject of several recent research reports. Wells Fargo & Company upped 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. The Goldman Sachs Group lifted their target price on Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. Morgan Stanley restated an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Wall Street Zen downgraded Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Citigroup raised their price target on shares of Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation presently has an average rating of “Moderate Buy” and an average price target of $466.71.

Insider Buying and Selling

In related news, VP John M. Miller sold 1,054 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total transaction of $449,025.08. Following the transaction, the vice president directly 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. 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, SVP Christopher Nardecchia sold 2,538 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the sale, the senior vice president directly owned 14,232 shares in the company, valued at $6,353,591.76. This trade represents a 15.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,759 shares of company stock worth $4,748,096 in the last quarter. 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.