Federated Hermes Inc. Purchases 42,962 Shares of Rockwell Automation, Inc. $ROK

Federated Hermes Inc. raised its position in Rockwell Automation, Inc. (NYSE:ROK) by 126.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,050 shares of the industrial products company’s stock after acquiring an additional 42,962 shares during the quarter. Federated Hermes Inc. owned approximately 0.07% of Rockwell Automation worth $26,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Investment Advisors LLC raised its stake in Rockwell Automation by 5.7% during the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after buying an additional 119 shares during the last quarter. Brighton Jones LLC bought a new position in shares of Rockwell Automation during the fourth quarter valued at $281,000. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Rockwell Automation in the 3rd quarter worth about $777,000. Schroder Investment Management Group boosted its stake in Rockwell Automation by 796.0% in the 2nd quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock worth $32,342,000 after purchasing an additional 86,500 shares in the last quarter. Finally, Citizens Financial Group Inc. RI purchased a new stake in Rockwell Automation during the 2nd quarter valued at about $234,000. 75.75% of the stock is owned by institutional investors.

Rockwell Automation Price Performance

Shares of ROK opened at $421.67 on Friday. The firm has a fifty day simple moving average of $404.56 and a two-hundred day simple moving average of $370.25. The firm has a market cap of $47.34 billion, a PE ratio of 55.05, a P/E/G ratio of 2.99 and a beta of 1.52. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $429.58.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on ROK. Stephens upped 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, January 23rd. Evercore ISI initiated coverage on shares of Rockwell Automation in a report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price objective for the company. The Goldman Sachs Group raised Rockwell Automation from a “sell” rating to a “neutral” rating and upped their price objective for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Barclays lifted their target price on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Finally, Rothschild & Co Redburn boosted their price target on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $410.12.

Insider Activity

In other news, VP Isaac Woods sold 229 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total transaction of $92,039.68. Following the transaction, the vice president owned 2,058 shares in the company, valued at $827,151.36. This trade represents a 10.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $392.00, for a total transaction of $313,600.00. Following the sale, the vice president directly owned 1,234 shares of the company’s stock, valued at approximately $483,728. The trade was a 39.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 87,231 shares of company stock worth $34,418,889. Company insiders own 0.76% of the company’s stock.

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.