Jupiter Topco LLC Takes Position in Rockwell Automation, Inc. $ROK

Jupiter Topco LLC bought a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,389 shares of the industrial products company’s stock, valued at approximately $7,127,000.

Other large investors have also added to or reduced their stakes in the company. Virtus Advisers LLC bought a new stake in shares of Rockwell Automation in the 2nd quarter valued at $25,000. MV Capital Management Inc. acquired a new position in shares of Rockwell Automation during the fourth quarter valued at about $28,000. Manchester Capital Management LLC increased its position in Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after buying an additional 39 shares in the last quarter. BOK Financial Private Wealth Inc. acquired a new position in Rockwell Automation during the 4th quarter worth approximately $33,000. Finally, TD Capital Management LLC bought a new position in Rockwell Automation in the fourth quarter worth approximately $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In related news, CFO Christian E. Rothe sold 590 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the transaction, the chief financial officer directly owned 10,429 shares in the company, valued at approximately $4,529,314.70. The trade was a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Patricia A. Watson sold 1,100 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $431.43, for a total transaction of $474,573.00. Following the transaction, the director owned 6,385 shares in the company, valued at approximately $2,754,680.55. This trade represents a 14.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,285 shares of company stock worth $1,003,904 in the last quarter. 0.76% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ROK has been the subject of several recent research reports. Morgan Stanley restated an “overweight” rating and set a $525.00 price objective on shares of Rockwell Automation in a report on Wednesday, May 6th. Rothschild & Co Redburn lifted their price target on shares of Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. DA Davidson decreased their price target on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a research note on Friday, August 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Finally, KeyCorp raised their price objective on shares of Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $468.19.

Rockwell Automation Stock Performance

Shares of Rockwell Automation stock opened at $430.73 on Monday. Rockwell Automation, Inc. has a 52 week low of $332.71 and a 52 week high of $497.36. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average price of $458.33 and a 200-day moving average price of $427.43. The company has a market cap of $47.83 billion, a PE ratio of 40.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $2.82 earnings per share. Rockwell Automation’s quarterly revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities analysts anticipate that Rockwell Automation, Inc. will post 13.21 earnings per share for the current fiscal year.

Rockwell Automation declared that its Board of Directors has authorized a share repurchase program on Tuesday, June 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid a $1.38 dividend. The ex-dividend date is Monday, August 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio is presently 51.73%.

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.