Resona Asset Management Co. Ltd. Has $12.83 Million Stake in Rockwell Automation, Inc. $ROK

Resona Asset Management Co. Ltd. reduced its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,798 shares of the industrial products company’s stock after selling 1,859 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Rockwell Automation were worth $12,831,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ROK. Thurston Springer Miller Herd & Titak Inc. boosted its position in 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 buying an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new position in shares of Rockwell Automation during the second quarter valued at $33,000. SBI Securities Co. Ltd. boosted its holdings in Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in Rockwell Automation in the second quarter worth about $40,000. Finally, Sachetta LLC increased its position in Rockwell Automation by 900.0% in the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 108 shares during the period. Institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ROK shares. Stephens upped their target price on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research report on Friday. Rothschild & Co Redburn increased their price objective on shares of Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Oppenheimer cut shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Robert W. Baird upped their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Finally, Bank of America increased their price target on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Trading Down 1.8%

Shares of NYSE ROK opened at $417.75 on Monday. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $429.58. The stock has a market cap of $46.90 billion, a price-to-earnings ratio of 54.54, a P/E/G ratio of 2.93 and a beta of 1.52. 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 company’s fifty day moving average is $399.62 and its 200-day moving average is $367.91.

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

Rockwell Automation Increases Dividend

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

Insiders Place Their Bets

In other news, SVP Tessa M. Myers sold 1,020 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.07, for a total value of $410,111.40. Following the completion of the transaction, the senior vice president owned 6,021 shares in the company, valued at $2,420,863.47. This represents a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $403.45, for a total transaction of $956,176.50. Following the sale, the senior vice president directly owned 1,964 shares of the company’s stock, valued at $792,375.80. This represents a 54.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,053 shares of company stock worth $34,718,919 in the last three months. 0.76% of the stock is owned by corporate insiders.

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.