Rokos Capital Management LLP Takes $3.94 Million Position in Rockwell Automation, Inc. $ROK

Rokos Capital Management LLP bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the first quarter, HoldingsChannel.com reports. The fund bought 10,970 shares of the industrial products company’s stock, valued at approximately $3,936,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. MV Capital Management Inc. bought a new stake in shares of Rockwell Automation in the 4th quarter valued at approximately $28,000. Manchester Capital Management LLC grew its position in Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares during the period. First Horizon Corp bought a new stake in shares of Rockwell Automation in the 4th quarter worth about $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation during the fourth quarter worth about $33,000. Finally, TD Capital Management LLC acquired a new stake in Rockwell Automation during the 4th quarter valued at $33,000. Institutional investors own 75.75% of the company’s stock.

Insider Activity

In other Rockwell Automation news, VP Scott Genereux sold 550 shares of Rockwell Automation stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total value of $246,251.50. Following the transaction, the vice president owned 2,764 shares of the company’s stock, valued at approximately $1,237,525.72. The trade was a 16.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at $2,392,102.30. This represents a 15.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 9,361 shares of company stock worth $4,189,886. Corporate insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on ROK shares. TD Cowen boosted their price objective on shares of Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Wells Fargo & Company upped their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Barclays increased their price target on Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Robert W. Baird raised their price target on Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Finally, Rothschild & Co Redburn increased their target price on Rockwell Automation from $365.00 to $378.00 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 eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $469.33.

Rockwell Automation Price Performance

Shares of ROK stock opened at $467.12 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 12-month low of $305.44 and a 12-month high of $497.36. The firm has a fifty day moving average of $462.56 and a 200-day moving average of $422.55. The firm has a market capitalization of $51.98 billion, a price-to-earnings ratio of 48.56, a price-to-earnings-growth ratio of 2.95 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping 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 business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter last year, the business posted $2.45 EPS. The firm’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. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 13.06 earnings per share for the current year.

Rockwell Automation announced that its board has initiated a stock buyback plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding 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 often a sign that the company’s board of directors believes its stock is undervalued.

Rockwell Automation Announces Dividend

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

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.