Rockwell Automation, Inc. $ROK Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 3.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 83,493 shares of the industrial products company’s stock after selling 3,380 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Rockwell Automation were worth $32,485,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ boosted its stake 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 worth $21,613,000 after purchasing an additional 4,086 shares during the period. Oak Thistle LLC acquired a new position in Rockwell Automation in the 4th quarter worth approximately $1,556,000. Bessemer Group Inc. boosted 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 purchasing an additional 3,759 shares during the period. Nordea Investment Management AB boosted its stake 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 worth $291,073,000 after purchasing an additional 127,733 shares during the period. Finally, SG Americas Securities LLC boosted 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 during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Stock Up 1.0%

ROK stock opened at $440.65 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 1 year low of $298.70 and a 1 year high of $463.48. The company has a fifty day simple moving average of $397.69 and a 200 day simple moving average of $398.09. The firm has a market cap of $49.03 billion, a PE ratio of 45.81, a PEG ratio of 2.79 and a beta of 1.56.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the previous year, the business earned $2.45 EPS. Rockwell Automation’s quarterly 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. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s payout ratio is presently 57.38%.

Insiders Place Their Bets

In other Rockwell Automation news, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. This represents a 15.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the sale, the vice president owned 134 shares of the company’s stock, valued at $60,563.98. This trade represents a 96.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 60,141 shares of company stock worth $24,745,509 in the last 90 days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation News Roundup

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: Zacks Research lifted Rockwell Automation’s earnings forecasts for several periods, including FY2026, FY2027, and FY2028, signaling higher expected profitability and supporting the stock’s bullish tone.
• Positive Sentiment: The company continues to be viewed favorably in market commentary as a long-term momentum and “high-quality compounder” name, reinforcing positive sentiment around the stock.
• Neutral Sentiment: Rockwell Automation presented at the Wolfe Research 19th Annual Global Transportation & Industrials Conference, which may have helped keep investor attention on the stock but did not include a clearly reported new catalyst. Rockwell Automation, Inc. (ROK) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript
• Neutral Sentiment: A new global study highlighted that 90% of manufacturers say digital transformation is now essential, a trend that supports Rockwell Automation’s long-term end-market narrative. Rockwell Automation, Inc.: 90% of Manufacturers Say Digital Transformation Is Now Essential, According to New Global Study
• Negative Sentiment: VP John M. Miller sold 1,054 shares in a pre-arranged 10b5-1 transaction, which can weigh on sentiment even though the sale was routine and disclosed in advance. John M. Miller insider trade

Wall Street Analyst Weigh In

A number of research firms recently commented on ROK. Evercore raised their price objective on shares of Rockwell Automation from $440.00 to $480.00 in a research note on Wednesday, May 6th. Citigroup raised their price objective on shares of Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. BNP Paribas Exane raised their price objective on shares of Rockwell Automation from $495.00 to $515.00 in a research note on Wednesday, May 6th. Robert W. Baird decreased their price objective on shares of Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. Finally, The Goldman Sachs Group raised their price objective on shares of Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $449.16.

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.