Oregon Public Employees Retirement Fund Raises Position in Rockwell Automation, Inc. $ROK

Oregon Public Employees Retirement Fund raised its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 31.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,766 shares of the industrial products company’s stock after acquiring an additional 3,075 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Rockwell Automation were worth $4,462,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. purchased a new stake in Rockwell Automation in the second quarter worth $33,000. Legend Financial Advisors Inc. bought a new position in Rockwell Automation in the second quarter worth $39,000. SBI Securities Co. Ltd. lifted its position in Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares during the period. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Rockwell Automation during the 2nd quarter valued at $40,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Up 1.7%

NYSE:ROK opened at $410.56 on Friday. The company’s 50 day moving average price is $391.60 and its 200-day moving average price is $362.09. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $415.89. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock has a market cap of $46.09 billion, a price-to-earnings ratio of 53.60, a PEG ratio of 2.75 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the firm posted $2.47 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s payout ratio is 72.06%.

Insider Buying and Selling

In other Rockwell Automation news, VP Terry L. Riesterer sold 800 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $392.00, for a total transaction of $313,600.00. Following the transaction, the vice president owned 1,234 shares in the company, valued at approximately $483,728. This represents a 39.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Cyril Perducat sold 804 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total transaction of $323,248.20. Following the sale, the senior vice president directly owned 5,858 shares in the company, valued at approximately $2,355,208.90. The trade was a 12.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 88,053 shares of company stock worth $34,718,919 in the last three months. 0.76% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ROK. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. Citigroup raised their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Morgan Stanley boosted their price target on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. TD Cowen upped their price target on Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Finally, Oppenheimer reiterated an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research note on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $406.13.

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.