Lansdowne Partners UK LLP Has $10.33 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Lansdowne Partners UK LLP increased its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 10.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 29,540 shares of the industrial products company’s stock after acquiring an additional 2,765 shares during the period. Rockwell Automation makes up approximately 0.7% of Lansdowne Partners UK LLP’s holdings, making the stock its 14th largest holding. Lansdowne Partners UK LLP’s holdings in Rockwell Automation were worth $10,325,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares during the period. Rexford Capital Inc. bought a new position in shares of Rockwell Automation during the 2nd quarter worth approximately $33,000. Ameriflex Group Inc. grew its position in shares of Rockwell Automation by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after buying an additional 50 shares during the period. SBI Securities Co. Ltd. increased its stake in shares of Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares in the last quarter. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Rockwell Automation in the 2nd quarter valued at $40,000. 75.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Evercore began coverage on shares of Rockwell Automation in a research note on Monday, December 15th. They set an “in-line” rating and a $440.00 target price on the stock. Barclays lifted their price target on shares of Rockwell Automation from $435.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. TD Cowen upped their price objective on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a report on Friday, February 20th. KeyCorp reissued an “overweight” rating and set a $470.00 price objective on shares of Rockwell Automation in a research report on Friday, February 6th. Finally, Bank of America raised their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $418.33.

Rockwell Automation Trading Up 0.8%

ROK opened at $363.98 on Tuesday. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $438.72. The firm has a market capitalization of $40.90 billion, a PE ratio of 41.65, a P/E/G ratio of 2.58 and a beta of 1.53. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. The company’s 50-day moving average is $403.14 and its 200 day moving average is $380.95.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. The business had revenue of $2.11 billion during 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 company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were issued a dividend of $1.38 per share. The ex-dividend date was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is 63.16%.

Insiders Place Their Bets

In other Rockwell Automation news, VP Scott Genereux sold 17,407 shares of Rockwell Automation stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the transaction, the vice president directly owned 3,314 shares of the company’s stock, valued at $1,340,877.54. The trade was a 84.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the sale, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. The trade was a 32.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 49,228 shares of company stock worth $19,992,391 in the last three months. 0.76% of the stock is owned by corporate 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.