Great Lakes Advisors LLC Has $98.46 Million Holdings in Rockwell Automation, Inc. $ROK

Great Lakes Advisors LLC trimmed its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 281,678 shares of the industrial products company’s stock after selling 2,255 shares during the period. Great Lakes Advisors LLC’s holdings in Rockwell Automation were worth $98,456,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Rockwell Automation by 7.1% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock worth $154,000 after buying an additional 29 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in Rockwell Automation by 2.9% in the third quarter. TD Waterhouse Canada Inc. now owns 7,647 shares of the industrial products company’s stock worth $2,674,000 after acquiring an additional 215 shares in the last quarter. Ballentine Partners LLC increased its stake in shares of Rockwell Automation by 8.3% during the 3rd quarter. Ballentine Partners LLC now owns 1,860 shares of the industrial products company’s stock worth $650,000 after purchasing an additional 143 shares during the last quarter. Mystic Asset Management Inc. raised its holdings in shares of Rockwell Automation by 4.5% during the 3rd quarter. Mystic Asset Management Inc. now owns 2,383 shares of the industrial products company’s stock valued at $833,000 after purchasing an additional 103 shares in the last quarter. Finally, Federated Hermes Inc. raised its holdings in shares of Rockwell Automation by 126.0% during the 3rd quarter. Federated Hermes Inc. now owns 77,050 shares of the industrial products company’s stock valued at $26,931,000 after purchasing an additional 42,962 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Insiders Place Their Bets

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 476 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total value of $191,361.52. Following the completion of the sale, the senior vice president directly owned 2,401 shares of the company’s stock, valued at $965,250.02. This represents a 16.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Matthew W. Fordenwalt sold 146 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total transaction of $58,762.08. Following the completion of the sale, the senior vice president owned 4,437 shares in the company, valued at $1,785,803.76. This represents a 3.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,231 shares of company stock valued at $34,418,889 in the last 90 days. 0.76% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Rockwell Automation from $435.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Jefferies Financial Group boosted their price target on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Stephens increased their price objective on Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Finally, Barclays boosted their target price on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Trading Down 1.2%

Rockwell Automation stock opened at $414.85 on Thursday. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $429.58. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The firm has a market capitalization of $46.58 billion, a PE ratio of 54.16, a PEG ratio of 2.94 and a beta of 1.52. The business’s 50-day simple moving average is $402.56 and its 200-day simple moving average is $369.30.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

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.