Dynamic Technology Lab Private Ltd Buys New Shares in Rockwell Automation, Inc. $ROK

Dynamic Technology Lab Private Ltd bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,126 shares of the industrial products company’s stock, valued at approximately $1,605,000.

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Rockwell Automation by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock valued at $5,527,249,000 after acquiring an additional 114,469 shares during the period. State Street Corp boosted its holdings in Rockwell Automation by 0.9% in the third quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after purchasing an additional 42,809 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Rockwell Automation by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after purchasing an additional 17,855 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Rockwell Automation by 1.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after purchasing an additional 24,719 shares during the last quarter. Finally, Norges Bank purchased a new stake in Rockwell Automation in the fourth quarter valued at $615,596,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Rockwell Automation Price Performance

NYSE:ROK opened at $458.66 on Friday. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $468.11. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $51.03 billion, a PE ratio of 47.68, a price-to-earnings-growth ratio of 2.93 and a beta of 1.57. The stock’s 50-day moving average price is $428.54 and its 200-day moving average price is $406.92.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same period last year, the firm earned $2.45 EPS. The company’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities analysts expect that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation declared that its Board of Directors has authorized a share buyback plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio (DPR) is 57.38%.

Insider Activity

In other news, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the sale, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. This trade represents a 15.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the sale, the senior vice president owned 4,437 shares in the company, valued at $2,043,282.87. This trade represents a 7.83% 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. Over the last three months, insiders sold 12,308 shares of company stock worth $5,339,812. 0.76% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on ROK. TD Cowen upped their price target on shares of Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. BNP Paribas Exane upped their price target on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. Sanford C. Bernstein began coverage on shares of Rockwell Automation in a report on Tuesday. They issued a “market perform” rating and a $501.00 price target on the stock. Robert W. Baird lowered their price target on shares of Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Finally, JPMorgan Chase & Co. upped their price target on shares of Rockwell Automation from $404.00 to $417.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. One investment analyst has 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 a consensus rating of “Moderate Buy” and a consensus price target of $451.75.

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.