MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 8,942 Shares of Rockwell Automation, Inc. $ROK

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 1.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 778,014 shares of the industrial products company’s stock after buying an additional 8,942 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Rockwell Automation were worth $271,894,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moore Capital Management LP bought a new stake in Rockwell Automation during the 3rd quarter valued at approximately $8,692,000. Lansdowne Partners UK LLP boosted its stake in Rockwell Automation by 10.3% in the 3rd quarter. Lansdowne Partners UK LLP now owns 29,540 shares of the industrial products company’s stock worth $10,325,000 after purchasing an additional 2,765 shares during the period. Larson Financial Group LLC boosted its stake in Rockwell Automation by 20.8% in the 3rd quarter. Larson Financial Group LLC now owns 493 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 85 shares during the period. Integrated Wealth Concepts LLC grew its holdings in Rockwell Automation by 2.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,485 shares of the industrial products company’s stock valued at $2,966,000 after buying an additional 226 shares in the last quarter. Finally, Holocene Advisors LP grew its holdings in Rockwell Automation by 14.1% during the 3rd quarter. Holocene Advisors LP now owns 989,429 shares of the industrial products company’s stock valued at $345,835,000 after buying an additional 122,437 shares in the last quarter. 75.75% of the stock is owned by institutional investors.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $363.98 on Tuesday. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $438.72. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The firm’s fifty day moving average is $403.14 and its 200 day moving average is $380.95. The company has a market cap of $40.90 billion, a price-to-earnings ratio of 41.65, a PEG ratio of 2.58 and a beta of 1.53.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. The firm had revenue of $2.11 billion for 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 business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were given a dividend of $1.38 per share. The ex-dividend date was Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is 63.16%.

Analyst Ratings Changes

Several research firms have recently commented on ROK. TD Cowen boosted their target price on shares of Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Stephens increased their price objective on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group lifted their target price on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Two research 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $418.33.

Insider Buying and Selling

In other news, SVP Tessa M. Myers sold 1,985 shares of Rockwell Automation stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the sale, the senior vice president directly owned 4,036 shares in the company, valued at approximately $1,652,217.32. This trade represents a 32.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Scott Genereux sold 17,407 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the sale, the vice president directly owned 3,314 shares of the company’s stock, valued at $1,340,877.54. This represents a 84.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,228 shares of company stock valued at $19,992,391 over the last 90 days. 0.76% of the stock is currently owned by insiders.

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.