Rockwell Automation, Inc. $ROK Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP trimmed its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 4.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 204,335 shares of the industrial products company’s stock after selling 10,345 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Rockwell Automation were worth $71,421,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. lifted its position 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 in the last quarter. Rexford Capital Inc. purchased a new stake in Rockwell Automation during the 2nd quarter worth approximately $33,000. SBI Securities Co. Ltd. lifted its holdings in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Rockwell Automation in the 2nd quarter valued at approximately $40,000. Finally, Sachetta LLC grew its stake in shares of Rockwell Automation by 900.0% in the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 108 shares in the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Rebecca W. House sold 1,698 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the sale, the senior vice president owned 12,200 shares in the company, valued at $4,905,132. This represents a 12.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Blake D. Moret sold 5,564 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $2,236,839.28. Following the transaction, the chief executive officer directly owned 94,585 shares in the company, valued at $38,025,061.70. The trade was a 5.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 25,531 shares of company stock worth $10,259,637. Corporate insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

Shares of Rockwell Automation stock opened at $402.12 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $438.72. The firm’s 50 day moving average is $406.84 and its two-hundred day moving average is $377.34. The firm has a market capitalization of $45.18 billion, a P/E ratio of 46.01, a P/E/G ratio of 2.89 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping 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 return on equity of 34.92% and a net margin of 11.56%.The business’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research report on Friday, February 6th. Citigroup upped their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. The Goldman Sachs Group upgraded shares of Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $329.00 to $448.00 in a research note on Tuesday, December 16th. Finally, Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $418.33.

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.