Vise Technologies Inc. Has $1.22 Million Stake in Rockwell Automation, Inc. $ROK

Vise Technologies Inc. raised its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 121.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,127 shares of the industrial products company’s stock after purchasing an additional 1,717 shares during the period. Vise Technologies Inc.’s holdings in Rockwell Automation were worth $1,217,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Rockwell Automation by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock valued at $5,527,249,000 after purchasing an additional 114,469 shares during the last quarter. State Street Corp boosted its stake in shares of Rockwell Automation by 0.9% in the 3rd quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock worth $1,675,446,000 after buying an additional 42,809 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Rockwell Automation by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock worth $1,133,397,000 after buying an additional 17,855 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Rockwell Automation by 1.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock worth $818,986,000 after buying an additional 24,719 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Rockwell Automation in the 4th quarter worth approximately $615,596,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Trading Up 1.1%

NYSE:ROK opened at $451.57 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $50.25 billion, a PE ratio of 46.94, a price-to-earnings-growth ratio of 2.86 and a beta of 1.57. The firm’s 50 day moving average is $420.75 and its 200 day moving average is $404.88. Rockwell Automation, Inc. has a 12 month low of $305.44 and a 12 month high of $468.11.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. Rockwell Automation’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Sell-side analysts expect that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s payout ratio is 57.38%.

Insider Buying and Selling

In related news, SVP Christopher Nardecchia sold 2,538 shares of Rockwell Automation stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total value of $1,133,039.34. Following the sale, the senior vice president owned 14,232 shares of the company’s stock, valued at approximately $6,353,591.76. The trade was a 15.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. This trade represents a 15.80% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,308 shares of company stock worth $5,339,812 in the last three months. Insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Rothschild & Co Redburn boosted their target price on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Evercore boosted their target price on Rockwell Automation from $440.00 to $480.00 in a research note on Wednesday, May 6th. JPMorgan Chase & Co. boosted their target price on Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. HSBC boosted their target price on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Finally, Morgan Stanley restated an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus target price of $449.16.

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.