Oak Thistle LLC Invests $1.56 Million in Rockwell Automation, Inc. $ROK

Oak Thistle LLC bought a new position in Rockwell Automation, Inc. (NYSE:ROK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,998 shares of the industrial products company’s stock, valued at approximately $1,556,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Rockwell Automation by 468.8% during 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. bought a new stake in shares of Rockwell Automation during the 2nd quarter valued at about $33,000. Fortitude Family Office LLC grew its position in shares of Rockwell Automation by 109.5% during the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock valued at $34,000 after buying an additional 46 shares during the last quarter. Ameriflex Group Inc. grew its position in shares of Rockwell Automation by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after buying an additional 50 shares during the last quarter. Finally, Sachetta LLC grew its position in shares of Rockwell Automation by 900.0% during the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock valued at $42,000 after buying an additional 108 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In related news, SVP Matthew W. Fordenwalt sold 1,200 shares of Rockwell Automation stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.21, for a total value of $485,052.00. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at $1,793,479.77. This trade represents a 21.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 299 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $359.00, for a total transaction of $107,341.00. Following the sale, the senior vice president owned 2,984 shares in the company, valued at $1,071,256. This trade represents a 9.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 48,727 shares of company stock worth $19,786,132 over the last 90 days. Corporate insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ROK. Mizuho boosted their price objective on shares of Rockwell Automation from $380.00 to $400.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Evercore began coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective for the company. Jefferies Financial Group reaffirmed a “hold” rating and set a $380.00 price objective (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. JPMorgan Chase & Co. boosted their price objective on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, Robert W. Baird lowered their price objective on shares of Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $406.67.

Rockwell Automation Trading Up 5.6%

Shares of NYSE:ROK opened at $389.96 on Thursday. The company has a market cap of $43.82 billion, a PE ratio of 44.62, a P/E/G ratio of 2.61 and a beta of 1.54. The company’s 50-day moving average price is $384.78 and its 200 day moving average price is $382.80. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two 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.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating the consensus estimate 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%. Rockwell Automation’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were given a $1.38 dividend. The ex-dividend date was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is currently 63.16%.

Rockwell Automation Company 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.