Chesapeake Capital Corp IL Takes $498,000 Position in Rockwell Automation, Inc. $ROK

Chesapeake Capital Corp IL purchased a new position in Rockwell Automation, Inc. (NYSE:ROK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,426 shares of the industrial products company’s stock, valued at approximately $498,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lansforsakringar Fondforvaltning AB publ raised its stake in Rockwell Automation by 7.1% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock valued at $21,613,000 after purchasing an additional 4,086 shares in the last quarter. Bessemer Group Inc. grew its stake 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 worth $2,042,000 after buying an additional 3,759 shares in the last quarter. Brighton Jones LLC purchased a new position in Rockwell Automation in the 4th quarter worth approximately $281,000. Ferguson Wellman Capital Management Inc. bought a new position in shares of Rockwell Automation in the 3rd quarter worth $777,000. Finally, Schroder Investment Management Group increased its holdings in shares of 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 buying an additional 86,500 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ROK. KeyCorp reaffirmed an “overweight” rating and set a $470.00 price objective on shares of Rockwell Automation in a report on Friday, February 6th. TD Cowen increased their target price on Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Friday, February 20th. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and raised their price target for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Mizuho lifted their price target on Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Rothschild & Co Redburn lifted 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 equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $418.33.

Insider Activity

In other news, SVP Tessa M. Myers sold 1,985 shares of Rockwell Automation stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total value of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares in the company, valued at approximately $1,652,217.32. The trade was a 32.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Rebecca W. House sold 12,100 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total value of $4,891,667.00. Following the completion of the sale, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,932,094. This trade represents a 49.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 49,228 shares of company stock valued at $19,992,391. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Up 0.8%

Shares of ROK opened at $361.02 on Friday. The firm has a market cap of $40.56 billion, a price-to-earnings ratio of 41.31, a PEG ratio of 2.56 and a beta of 1.53. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $438.72. The firm has a 50 day moving average price of $403.96 and a 200-day moving average price of $380.46.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter in the prior year, the company earned $1.83 EPS. The firm’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, February 23rd. Rockwell Automation’s dividend payout ratio is presently 63.16%.

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.