Heathbridge Capital Management Ltd. grew its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 125,650 shares of the industrial products company’s stock after buying an additional 950 shares during the quarter. Rockwell Automation accounts for approximately 4.8% of Heathbridge Capital Management Ltd.’s investment portfolio, making the stock its 15th largest holding. Heathbridge Capital Management Ltd.’s holdings in Rockwell Automation were worth $24,671,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Canada Pension Plan Investment Board grew its position in shares of Rockwell Automation by 0.5% during the third 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 in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Rockwell Automation during the third quarter valued at about $186,000. Frontier Investment Mgmt Co. purchased a new position in shares of Rockwell Automation during the second quarter valued at about $620,000. Oregon Public Employees Retirement Fund grew its position in shares of Rockwell Automation by 11.5% during the third 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 in the last quarter. Finally, Oakbrook Investments LLC grew its position in shares of Rockwell Automation by 42.6% during the third 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 in the last quarter. Hedge funds and other institutional investors own 72.84% of the company’s stock.

Rockwell Automation, Inc. (NYSE:ROK) traded up $1.78 on Tuesday, reaching $207.92. The company had a trading volume of 603,200 shares, compared to its average volume of 635,756. Rockwell Automation, Inc. has a 12 month low of $139.38 and a 12 month high of $210.72. The stock has a market capitalization of $26,560.00, a price-to-earnings ratio of 32.74, a P/E/G ratio of 2.33 and a beta of 1.23. The company has a current ratio of 2.06, a quick ratio of 1.80 and a debt-to-equity ratio of 0.47.

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 the Thomson Reuters’ consensus estimate of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the firm earned $1.52 EPS. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. analysts predict that Rockwell Automation, Inc. will post 7.39 earnings per share for the current year.

In other Rockwell Automation news, CEO Blake D. Moret sold 5,309 shares of the business’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 $1,012,691.75. Following the completion of the transaction, the chief executive officer now owns 30,720 shares in the company, valued at $5,859,840. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence D. Kingsley bought 375 shares of the company’s stock in a transaction on Sunday, November 12th. The shares were acquired at an average price of $104.00 per share, with a total value of $39,000.00. Following the transaction, the director now directly owns 5,421 shares of the company’s stock, valued at $563,784. The disclosure for this purchase can be found here. Insiders have sold 10,770 shares of company stock valued at $2,054,871 in the last 90 days. Company insiders own 1.28% of the company’s stock.

A number of research analysts have recently weighed in on the company. lowered Rockwell Automation from a “hold” rating to a “reduce” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Morgan Stanley restated an “equal weight” rating and set a $173.00 price objective (up previously from $168.00) on shares of Rockwell Automation in a research report on Monday, October 2nd. Stifel Nicolaus restated a “hold” rating and set a $183.00 price objective on shares of Rockwell Automation in a research report on Thursday, October 12th. Finally, Goldman Sachs Group restated a “neutral” rating and set a $193.00 price objective on shares of Rockwell Automation in a research report on Friday, December 8th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $171.60.

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Rockwell Automation 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.

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

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