California State Teachers Retirement System Decreases Position in Rockwell Automation, Inc. $ROK

California State Teachers Retirement System reduced its stake in Rockwell Automation, Inc. (NYSE:ROK) by 2.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 165,962 shares of the industrial products company’s stock after selling 4,238 shares during the period. California State Teachers Retirement System owned approximately 0.15% of Rockwell Automation worth $59,560,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ROK. Brighton Jones LLC purchased a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $281,000. AQR Capital Management LLC increased its position in 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 valued at $2,059,000 after acquiring an additional 3,513 shares during the period. Empowered Funds LLC increased its position in Rockwell Automation by 142.7% in the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock valued at $1,887,000 after acquiring an additional 4,295 shares during the period. Acadian Asset Management LLC raised its stake in Rockwell Automation by 233.6% during the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 1,315 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Rockwell Automation in the 2nd quarter valued at approximately $868,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

NYSE ROK opened at $471.20 on Friday. The business has a 50 day moving average price of $464.60 and a 200 day moving average price of $423.80. The company has a market capitalization of $52.43 billion, a P/E ratio of 48.98, a PEG ratio of 2.93 and a beta of 1.54. Rockwell Automation, Inc. has a 1-year low of $305.44 and a 1-year high of $497.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76.

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

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s dividend payout ratio is 57.38%.

Rockwell Automation declared that its board has authorized a share repurchase plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to reacquire up to 2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

ROK has been the subject of several analyst reports. Rothschild & Co Redburn upped their price target on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Wall Street Zen cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Wells Fargo & Company lifted their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and set a $525.00 price target on shares of Rockwell Automation in a research note on Wednesday, May 6th. Finally, BNP Paribas Exane increased their price target on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $469.33.

Insider Activity

In related news, SVP Christopher Nardecchia sold 2,538 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was 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. This represents a 15.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the transaction, the vice president directly owned 134 shares of the company’s stock, valued at $60,563.98. The trade was a 96.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 9,361 shares of company stock worth $4,189,886. 0.76% of the stock is owned by corporate insiders.

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.