1,834 Rockwell Automation, Inc. $ROK Shares Bought by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC grew its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 322.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,402 shares of the industrial products company’s stock after purchasing an additional 1,834 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Rockwell Automation were worth $1,046,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Virtus Advisers LLC acquired a new position in Rockwell Automation during the 2nd quarter worth approximately $25,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Rockwell Automation in the 1st quarter valued at about $31,000. Lodestone Wealth Management LLC acquired a new position in Rockwell Automation during the third quarter worth approximately $40,000. Polaris Financial Partners purchased a new stake in Rockwell Automation in the third quarter valued at approximately $42,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of Rockwell Automation in the first quarter valued at approximately $43,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Christian E. Rothe sold 590 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the completion of the transaction, the chief financial officer owned 10,429 shares of the company’s stock, valued at approximately $4,529,314.70. This represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Isaac Woods sold 154 shares of Rockwell Automation stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $432.62, for a total transaction of $66,623.48. Following the completion of the transaction, the vice president owned 1,858 shares in the company, valued at approximately $803,807.96. This trade represents a 7.65% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 2,711 shares of company stock worth $1,164,880 over the last ninety days. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ROK shares. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. DA Davidson reduced their target price on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a research note on Friday, August 21st. Morgan Stanley set a $520.00 price target on shares of Rockwell Automation in a report on Friday, October 16th. Argus upped their price objective on Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Evercore set a $485.00 price target on shares of Rockwell Automation in a research note on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $468.00.

Rockwell Automation Trading Up 2.7%

Shares of ROK opened at $439.28 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. Rockwell Automation, Inc. has a 1-year low of $347.53 and a 1-year high of $497.36. The stock has a market cap of $48.78 billion, a price-to-earnings ratio of 41.17, a price-to-earnings-growth ratio of 2.03 and a beta of 1.51. The firm has a 50 day simple moving average of $431.41 and a 200-day simple moving average of $441.23.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the firm earned $2.82 EPS. Rockwell Automation’s quarterly revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities analysts forecast that Rockwell Automation, Inc. will post 13.26 EPS for the current fiscal year.

Rockwell Automation Company Profile

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.