Rockwell Automation, Inc. $ROK Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D increased its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 4.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,472 shares of the industrial products company’s stock after purchasing an additional 1,575 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Rockwell Automation were worth $13,797,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ROK. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation during the 2nd quarter valued at about $33,000. SBI Securities Co. Ltd. raised its stake in Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 38 shares during the period. Financial Gravity Companies Inc. bought a new position in Rockwell Automation in the second quarter worth about $40,000. Finally, Sachetta LLC boosted its stake in Rockwell Automation by 900.0% in the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 108 shares during the period. Institutional investors own 75.75% of the company’s stock.

Analyst Ratings Changes

ROK has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price target on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Morgan Stanley reaffirmed an “overweight” rating and issued a $460.00 target price on shares of Rockwell Automation in a research report on Sunday, February 8th. Robert W. Baird set a $430.00 target price on Rockwell Automation in a research note on Friday, February 6th. The Goldman Sachs Group raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and boosted their price target for the company from $329.00 to $448.00 in a report on Tuesday, December 16th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $470.00 price objective on shares of Rockwell Automation in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and a consensus target price of $417.22.

Insiders Place Their Bets

In other Rockwell Automation news, SVP Rebecca W. House sold 1,698 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total transaction of $682,697.88. Following the completion of the transaction, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This trade represents a 12.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Tessa M. Myers sold 1,020 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.07, for a total value of $410,111.40. Following the transaction, the senior vice president owned 6,021 shares in the company, valued at approximately $2,420,863.47. This trade represents a 14.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 25,531 shares of company stock valued at $10,259,637. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Trading Up 3.2%

NYSE:ROK opened at $394.18 on Tuesday. The stock has a market cap of $44.29 billion, a price-to-earnings ratio of 45.10, a PEG ratio of 2.82 and a beta of 1.52. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $438.72. The business has a fifty day moving average of $407.82 and a 200-day moving average of $374.80.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. The business had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company’s revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Equities analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, February 23rd. Rockwell Automation’s dividend payout ratio is currently 63.16%.

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.