IFM Investors Pty Ltd bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,907 shares of the industrial products company’s stock, valued at approximately $696,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Canada Pension Plan Investment Board increased its holdings in shares of Rockwell Automation by 0.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 231,974 shares of the industrial products company’s stock valued at $41,340,000 after purchasing an additional 1,219 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Rockwell Automation in the 3rd quarter valued at about $186,000. Frontier Investment Mgmt Co. acquired a new position in shares of Rockwell Automation in the 2nd quarter valued at about $620,000. Oregon Public Employees Retirement Fund increased its holdings in shares of Rockwell Automation by 11.5% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 56,252 shares of the industrial products company’s stock valued at $10,025,000 after purchasing an additional 5,803 shares during the period. Finally, Oakbrook Investments LLC increased its holdings in shares of Rockwell Automation by 42.6% in the 3rd quarter. Oakbrook Investments LLC now owns 11,625 shares of the industrial products company’s stock valued at $2,072,000 after purchasing an additional 3,475 shares during the period. Institutional investors own 73.04% of the company’s stock.

A number of equities analysts recently commented on the company. Stifel Nicolaus restated a “hold” rating and issued a $198.00 price objective on shares of Rockwell Automation in a report on Monday. Goldman Sachs Group restated a “neutral” rating and issued a $193.00 price objective on shares of Rockwell Automation in a report on Friday, December 8th. ValuEngine downgraded Rockwell Automation from a “buy” rating to a “hold” rating in a report on Friday, December 1st. J P Morgan Chase & Co assumed coverage on Rockwell Automation in a report on Wednesday, November 29th. They issued a “neutral” rating on the stock. Finally, Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a report on Monday, November 20th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $167.87.

Shares of Rockwell Automation, Inc. (NYSE ROK) traded up $0.71 during trading on Thursday, reaching $191.46. The company’s stock had a trading volume of 660,800 shares, compared to its average volume of 873,344. The company has a market capitalization of $24,515.78, a PE ratio of 28.26, a P/E/G ratio of 2.14 and a beta of 1.23. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. Rockwell Automation, Inc. has a 52-week low of $133.61 and a 52-week high of $210.72.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.03). The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Rockwell Automation had a return on equity of 38.67% and a net margin of 13.08%. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.52 EPS. analysts expect that Rockwell Automation, Inc. will post 7.39 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 13th were given a dividend of $0.835 per share. The ex-dividend date was Friday, November 10th. This represents a $3.34 dividend on an annualized basis and a yield of 1.74%. This is a boost from Rockwell Automation’s previous quarterly dividend of $0.76. Rockwell Automation’s dividend payout ratio is presently 52.68%.

In other Rockwell Automation news, VP Steven W. Etzel sold 514 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $190.75, for a total transaction of $98,045.50. Following the completion of the sale, the vice president now owns 7,737 shares of the company’s stock, valued at $1,475,832.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Patrick P. Goris sold 145 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $192.36, for a total value of $27,892.20. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 1,340 shares of company stock valued at $137,336 and have sold 10,770 shares valued at $2,054,871. 1.65% of the stock is owned by corporate insiders.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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