Rockwell Automation, Inc. $ROK Shares Sold by Quilter Plc

Quilter Plc lowered its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 2.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 353,329 shares of the industrial products company’s stock after selling 9,191 shares during the quarter. Rockwell Automation comprises about 2.1% of Quilter Plc’s portfolio, making the stock its 15th largest position. Quilter Plc owned about 0.31% of Rockwell Automation worth $123,499,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the last quarter. Rexford Capital Inc. purchased a new stake in shares of Rockwell Automation in the second quarter worth about $33,000. SBI Securities Co. Ltd. grew its holdings in Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 38 shares during the period. Financial Gravity Companies Inc. acquired a new position in Rockwell Automation in the second quarter valued at approximately $40,000. Finally, Sachetta LLC boosted its position in Rockwell Automation by 900.0% in the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 108 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Rockwell Automation Price Performance

ROK stock opened at $417.75 on Friday. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $429.58. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The firm has a market capitalization of $46.90 billion, a PE ratio of 54.54, a price-to-earnings-growth ratio of 2.93 and a beta of 1.52. The business has a 50 day simple moving average of $399.62 and a 200-day simple moving average of $367.72.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were given a dividend of $1.38 per share. The ex-dividend date was Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $403.45, for a total transaction of $956,176.50. Following the sale, the senior vice president owned 1,964 shares in the company, valued at $792,375.80. This trade represents a 54.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Tessa M. Myers sold 1,020 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total value of $410,111.40. Following the sale, the senior vice president owned 6,021 shares of the company’s stock, valued at approximately $2,420,863.47. The trade was a 14.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 88,053 shares of company stock worth $34,718,919. Insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ROK shares. Oppenheimer cut Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Stephens boosted their target price on shares of Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday. Barclays raised 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. Finally, Bank of America increased their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $410.12.

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.