Healthcare of Ontario Pension Plan Trust Fund Has $5.15 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Healthcare of Ontario Pension Plan Trust Fund grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 223.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,357 shares of the industrial products company’s stock after purchasing an additional 9,919 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Rockwell Automation were worth $5,152,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. MV Capital Management Inc. acquired a new position in Rockwell Automation during the 4th quarter worth $28,000. Manchester Capital Management LLC grew its position in shares of Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of Rockwell Automation in the first quarter worth about $31,000. First Horizon Corp acquired a new position in shares of Rockwell Automation during the 4th quarter worth about $32,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Rockwell Automation during the 4th quarter worth about $33,000. 75.75% of the stock is owned by institutional investors.

Rockwell Automation Price Performance

Shares of ROK stock opened at $458.67 on Thursday. The stock has a 50 day moving average of $463.99 and a two-hundred day moving average of $423.37. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 12 month low of $305.44 and a 12 month high of $497.36. The company has a market capitalization of $51.04 billion, a P/E ratio of 47.68, a P/E/G ratio of 3.00 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.Rockwell Automation’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities analysts expect that Rockwell Automation, Inc. will post 13.06 EPS for the current year.

Rockwell Automation announced that its Board of Directors has authorized a share repurchase plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to repurchase up to 2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a dividend of $1.38 per share. 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, August 17th. Rockwell Automation’s dividend payout ratio (DPR) is presently 57.38%.

Insider Buying and Selling at Rockwell Automation

In other news, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total transaction of $449,025.08. Following the sale, the vice president directly owned 5,615 shares in the company, valued at approximately $2,392,102.30. The trade was a 15.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the sale, the vice president directly owned 134 shares in the company, valued at approximately $60,563.98. The trade was a 96.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,361 shares of company stock worth $4,189,886 in the last 90 days. 0.76% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ROK has been the topic of several recent analyst reports. Robert W. Baird lifted their price target on Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Barclays raised their price objective on shares of Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group boosted their target price on shares of Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Rockwell Automation in a research note on Thursday, June 18th. Finally, Wall Street Zen downgraded shares of Rockwell Automation from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and an average price target of $469.33.

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.