Canada Post Corp Registered Pension Plan Increases Stock Position in Rockwell Automation, Inc. $ROK

Canada Post Corp Registered Pension Plan boosted its stake in Rockwell Automation, Inc. (NYSE:ROKFree Report) by 137.2% during the 4th quarter, Holdings Channel reports. The firm owned 5,043 shares of the industrial products company’s stock after buying an additional 2,917 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Rockwell Automation were worth $1,962,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. First Horizon Corp purchased a new stake in Rockwell Automation in the 4th quarter worth $32,000. Fortitude Family Office LLC lifted its stake in Rockwell Automation by 109.5% in the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 46 shares in the last quarter. Ameriflex Group Inc. lifted its stake in Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares in the last quarter. Dynamic Wealth Strategies LLC lifted its stake in Rockwell Automation by 80.7% in the 4th quarter. Dynamic Wealth Strategies LLC now owns 103 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 46 shares in the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new stake in Rockwell Automation in the 4th quarter worth $55,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

Rockwell Automation stock opened at $448.86 on Monday. The company’s 50-day moving average price is $392.93 and its 200-day moving average price is $396.18. Rockwell Automation, Inc. has a twelve month low of $298.70 and a twelve month high of $463.48. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The company has a market cap of $49.94 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 2.87 and a beta of 1.56.

Rockwell Automation (NYSE:ROKGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating the consensus estimate of $2.88 by $0.42. The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The company 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 dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio is presently 57.38%.

Analysts Set New Price Targets

ROK has been the topic of a number of research reports. Morgan Stanley restated an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a report on Wednesday, May 6th. Citigroup boosted their target price on shares of Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Oppenheimer downgraded shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Evercore boosted their target price on shares of Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th. Finally, Barclays boosted their target price on shares of Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $449.16.

Read Our Latest Analysis on ROK

Insider Activity at Rockwell Automation

In related news, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president directly owned 4,036 shares in the company, valued at approximately $1,652,217.32. This represents a 32.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Scott Genereux sold 17,407 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the transaction, the vice president owned 3,314 shares in the company, valued at $1,340,877.54. The trade was a 84.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 59,087 shares of company stock worth $24,296,483 in the last three months. 0.76% of the stock is owned by insiders.

Rockwell Automation Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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