Interval Partners LP Acquires 10,186 Shares of Rockwell Automation, Inc. $ROK

Interval Partners LP grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 31.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,586 shares of the industrial products company’s stock after buying an additional 10,186 shares during the period. Interval Partners LP’s holdings in Rockwell Automation were worth $14,885,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Norges Bank purchased a new stake in shares of Rockwell Automation during the second quarter worth about $368,575,000. Holocene Advisors LP lifted its holdings in shares of Rockwell Automation by 128.9% in the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after buying an additional 488,262 shares during the period. JPMorgan Chase & Co. raised its position in Rockwell Automation by 122.3% during the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after acquiring an additional 451,038 shares in the last quarter. Ontario Teachers Pension Plan Board boosted its position in Rockwell Automation by 7,730.3% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after purchasing an additional 350,261 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Rockwell Automation by 294.5% during the 2nd quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock worth $142,664,000 after purchasing an additional 320,627 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insiders Place Their Bets

In related news, VP Scott Genereux sold 17,407 shares of the stock in a transaction on 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 completion of the sale, the vice president owned 3,314 shares in the company, valued at $1,340,877.54. This represents a 84.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Rebecca W. House sold 12,100 shares of Rockwell Automation stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total transaction of $4,891,667.00. Following the completion of the transaction, the senior vice president owned 12,200 shares in the company, valued at approximately $4,932,094. This represents a 49.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 49,228 shares of company stock valued at $19,992,391. 0.76% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. TD Cowen increased their price target on shares of Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Citigroup upped their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Wells Fargo & Company raised their target price on Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Jefferies Financial Group lifted their price target on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $460.00 price target on shares of Rockwell Automation in a research report on Sunday, February 8th. Two 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $418.33.

Rockwell Automation Stock Up 0.8%

Shares of NYSE:ROK opened at $361.02 on Friday. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $438.72. The stock has a market cap of $40.56 billion, a P/E ratio of 41.31, a PEG ratio of 2.56 and a beta of 1.53. The business has a fifty day moving average of $403.96 and a two-hundred day moving average of $380.46. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68.

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

Rockwell Automation Dividend Announcement

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

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.