Pacer Advisors Inc. Has $4.16 Million Stock Position in Rockwell Automation, Inc. $ROK

Pacer Advisors Inc. lifted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 15.6% during the 4th quarter, Holdings Channel reports. The firm owned 10,692 shares of the industrial products company’s stock after acquiring an additional 1,443 shares during the period. Pacer Advisors Inc.’s holdings in Rockwell Automation were worth $4,160,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ROK. MV Capital Management Inc. bought a new position in Rockwell Automation during the fourth quarter worth about $28,000. Manchester Capital Management LLC increased its stake in shares of Rockwell Automation by 97.5% in the 4th 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 last quarter. First Horizon Corp acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. bought a new position in Rockwell Automation during the 4th quarter worth approximately $33,000. Finally, Fortitude Family Office LLC boosted its stake in Rockwell Automation by 109.5% during the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 46 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $478.09 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $479.59. The company’s 50 day moving average price is $439.82 and its two-hundred day moving average price is $410.34. The company has a market capitalization of $53.20 billion, a P/E ratio of 49.70, a price-to-earnings-growth ratio of 3.03 and a beta of 1.57.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share 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 company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the prior year, the company earned $2.45 earnings per share. The business’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. On average, analysts expect that Rockwell Automation, Inc. will post 13 earnings per share for the current fiscal year.

Rockwell Automation announced that its board has initiated a share buyback plan on Tuesday, June 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the industrial products company to purchase up to 2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Rockwell Automation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued 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 is Monday, August 17th. Rockwell Automation’s dividend payout ratio is 57.38%.

Insider Activity

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of Rockwell Automation stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $387.50, for a total value of $484,375.00. Following the sale, the senior vice president owned 1,734 shares of the company’s stock, valued at $671,925. This trade represents a 41.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Christopher Nardecchia sold 2,538 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total value of $1,133,039.34. Following the completion of the sale, the senior vice president owned 14,232 shares in the company, valued at approximately $6,353,591.76. This trade represents a 15.13% decrease in their ownership of the stock. 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 90 days, insiders have sold 12,308 shares of company stock worth $5,339,812. 0.76% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on ROK. Morgan Stanley reaffirmed an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Jefferies Financial Group reissued a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. TD Cowen boosted their price target on shares of Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Sanford C. Bernstein started coverage on shares of Rockwell Automation in a research report on Tuesday, June 9th. They issued a “market perform” rating and a $501.00 price objective for the company. Finally, Wells Fargo & Company lifted their target price on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $454.05.

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.