Swiss Life Asset Management Ltd Sells 20,118 Shares of Rockwell Automation, Inc. $ROK

Swiss Life Asset Management Ltd trimmed its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 33.8% during the 4th quarter, HoldingsChannel reports. The fund owned 39,465 shares of the industrial products company’s stock after selling 20,118 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Rockwell Automation were worth $15,355,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Corp bought a new position in Rockwell Automation during the fourth quarter valued at about $32,000. Fortitude Family Office LLC increased its stake in Rockwell Automation by 109.5% during the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 46 shares during the period. Ameriflex Group Inc. increased its stake in Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 50 shares during the period. Dynamic Wealth Strategies LLC increased its stake in Rockwell Automation by 80.7% during the fourth quarter. Dynamic Wealth Strategies LLC now owns 103 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 46 shares during the period. Finally, Laurel Wealth Advisors LLC bought a new position in Rockwell Automation during the fourth quarter valued at about $55,000. 75.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ROK has been the topic of several research reports. Mizuho set a $445.00 price target on Rockwell Automation in a research note on Wednesday, May 6th. Wells Fargo & Company boosted their price target on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Zacks Research lowered Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Robert W. Baird lowered their price target on Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Finally, Wall Street Zen lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $438.70.

Rockwell Automation Stock Up 0.6%

Shares of ROK opened at $456.46 on Tuesday. The company has a market capitalization of $50.79 billion, a P/E ratio of 47.45, a PEG ratio of 2.91 and a beta of 1.56. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. Rockwell Automation, Inc. has a one year low of $298.70 and a one year high of $463.48. The business’s 50 day simple moving average is $388.64 and its 200-day simple moving average is $393.44.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the previous year, the business earned $2.45 EPS. Rockwell Automation’s revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, sell-side analysts predict that Rockwell Automation, Inc. will post 13 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio is 57.38%.

Insider Buying and Selling

In other news, VP Terry L. Riesterer sold 4,024 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the transaction, the vice president owned 134 shares of the company’s stock, valued at $60,563.98. This represents a 96.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Rebecca W. House sold 12,100 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total value of $4,891,667.00. Following the completion of the transaction, the senior vice president directly owned 12,200 shares in the company, valued at approximately $4,932,094. This trade represents a 49.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 59,087 shares of company stock worth $24,296,483 over the last 90 days. 0.76% of the stock is currently owned by corporate 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.