Natixis Advisors LLC Has $20.86 Million Holdings in Rockwell Automation, Inc. $ROK

Natixis Advisors LLC cut its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 57.9% during the 4th quarter, HoldingsChannel reports. The fund owned 53,612 shares of the industrial products company’s stock after selling 73,877 shares during the quarter. Natixis Advisors LLC’s holdings in Rockwell Automation were worth $20,858,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ lifted its holdings in Rockwell Automation by 7.1% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock valued at $21,613,000 after acquiring an additional 4,086 shares during the last quarter. Oak Thistle LLC acquired a new stake in Rockwell Automation in the 4th quarter valued at about $1,556,000. Bessemer Group Inc. lifted its holdings in Rockwell Automation by 180.5% in the 3rd quarter. Bessemer Group Inc. now owns 5,842 shares of the industrial products company’s stock valued at $2,042,000 after acquiring an additional 3,759 shares during the last quarter. Nordea Investment Management AB lifted its holdings in Rockwell Automation by 20.7% in the 4th quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock valued at $291,073,000 after acquiring an additional 127,733 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Rockwell Automation by 911.0% in the 4th quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock worth $35,720,000 after purchasing an additional 82,727 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ROK. KeyCorp lifted their price target on Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Mizuho set a $445.00 price target on Rockwell Automation in a research note on Wednesday, May 6th. Wall Street Zen cut Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Jefferies Financial Group reissued a “hold” rating and issued a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a research note on Tuesday, March 31st. Finally, Evercore lifted their price target on Rockwell Automation from $440.00 to $480.00 in a research note 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 given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $449.16.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Christopher Nardecchia sold 2,538 shares of Rockwell Automation stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the transaction, the senior vice president owned 14,232 shares of the company’s stock, valued at $6,353,591.76. The trade was a 15.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $449,025.08. Following the transaction, the vice president directly owned 5,615 shares in the company, valued at approximately $2,392,102.30. This trade represents a 15.80% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 12,308 shares of company stock worth $5,339,812. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Down 3.4%

NYSE:ROK opened at $446.48 on Friday. 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, Inc. has a fifty-two week low of $305.44 and a fifty-two week high of $468.11. The stock’s 50-day moving average is $418.83 and its two-hundred day moving average is $404.04. The stock has a market cap of $49.68 billion, a PE ratio of 46.41, a price-to-earnings-growth ratio of 2.96 and a beta of 1.57.

Rockwell Automation (NYSE:ROK) last released 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 analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the business posted $2.45 EPS. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities research analysts forecast that Rockwell Automation, Inc. will post 13.01 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s payout ratio is 57.38%.

About Rockwell Automation

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.