Rockwell Automation, Inc. $ROK Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC boosted its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 14.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 41,216 shares of the industrial products company’s stock after buying an additional 5,167 shares during the period. NEOS Investment Management LLC’s holdings in Rockwell Automation were worth $14,406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC bought a new position in shares of Rockwell Automation during the 4th quarter valued at about $281,000. AQR Capital Management LLC raised its holdings in shares of Rockwell Automation by 75.9% in the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after purchasing an additional 3,513 shares in the last quarter. Empowered Funds LLC lifted its stake in Rockwell Automation by 142.7% during the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock valued at $1,887,000 after purchasing an additional 4,295 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Rockwell Automation by 233.6% during the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock worth $484,000 after buying an additional 1,315 shares in the last quarter. Finally, CWM LLC boosted its holdings in Rockwell Automation by 17.5% during the second quarter. CWM LLC now owns 2,764 shares of the industrial products company’s stock worth $918,000 after buying an additional 411 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Evercore initiated coverage on Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and increased their price target for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Jefferies Financial Group lifted their price target on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Finally, Morgan Stanley restated an “overweight” rating and set a $460.00 price objective on shares of Rockwell Automation in a report on Sunday, February 8th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $417.22.

Rockwell Automation Trading Down 1.6%

Shares of NYSE ROK opened at $388.00 on Wednesday. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $438.72. The firm has a market capitalization of $43.60 billion, a PE ratio of 44.39, a PEG ratio of 2.82 and a beta of 1.52. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average price of $407.56 and a two-hundred day moving average price of $375.11.

Rockwell Automation (NYSE:ROK) last issued its earnings results 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 company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

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

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 92 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $401.92, for a total value of $36,976.64. Following the transaction, the vice president owned 5,969 shares in the company, valued at $2,399,060.48. The trade was a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Rebecca W. House sold 1,698 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total value of $682,697.88. Following the sale, the senior vice president directly owned 12,200 shares of the company’s stock, valued at $4,905,132. This trade represents a 12.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 25,531 shares of company stock worth $10,259,637. 0.76% of the stock is currently owned by company insiders.

About Rockwell Automation

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.