Rockwell Automation, Inc. $ROK Shares Bought by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 10.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,893 shares of the industrial products company’s stock after buying an additional 2,579 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Rockwell Automation were worth $9,400,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of ROK. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares during the period. Rexford Capital Inc. purchased a new position in shares of Rockwell Automation in the 2nd quarter valued at about $33,000. SBI Securities Co. Ltd. lifted its stake in shares of 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 purchasing an additional 38 shares during the period. Financial Gravity Companies Inc. acquired a new stake in shares of Rockwell Automation in the second quarter valued at about $40,000. Finally, Sachetta LLC boosted its holdings in Rockwell Automation by 900.0% during the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after buying an additional 108 shares in the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Rockwell Automation Trading Up 2.1%

Rockwell Automation stock opened at $396.67 on Thursday. The stock has a 50-day moving average price of $407.30 and a 200 day moving average price of $375.26. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $438.72. The stock has a market cap of $44.57 billion, a PE ratio of 45.39, a P/E/G ratio of 2.78 and a beta of 1.52. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Equities research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, February 23rd. Rockwell Automation’s dividend payout ratio is currently 63.16%.

Insider Activity at Rockwell Automation

In related news, SVP Rebecca W. House sold 1,698 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total transaction of $682,697.88. Following the transaction, the senior vice president directly owned 12,200 shares in the company, valued at approximately $4,905,132. This represents a 12.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Blake D. Moret sold 5,564 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total value of $2,236,839.28. Following the completion of the sale, the chief executive officer directly owned 94,585 shares in the company, valued at approximately $38,025,061.70. The trade was a 5.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 25,531 shares of company stock worth $10,259,637. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ROK. Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Stephens lifted their price objective on Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Wells Fargo & Company boosted their target price on Rockwell Automation from $380.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. Bank of America raised their price target on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, Robert W. Baird set a $430.00 price objective on shares of Rockwell Automation in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $417.22.

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.