Rockwell Automation, Inc. $ROK Shares Purchased by Concentric Capital Strategies LP

Concentric Capital Strategies LP lifted its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 321.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,653 shares of the industrial products company’s stock after purchasing an additional 21,096 shares during the period. Concentric Capital Strategies LP’s holdings in Rockwell Automation were worth $10,759,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of Rockwell Automation in the fourth quarter worth about $281,000. AQR Capital Management LLC raised its position in shares of Rockwell Automation by 75.9% in the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock valued at $2,059,000 after purchasing an additional 3,513 shares in the last quarter. Empowered Funds LLC grew its position in shares of Rockwell Automation by 142.7% during the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after buying an additional 4,295 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Rockwell Automation by 233.6% in the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 1,315 shares in the last quarter. Finally, Jump Financial LLC bought a new position in Rockwell Automation during the 2nd quarter valued at $868,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $387.50, for a total transaction of $484,375.00. Following the transaction, the senior vice president owned 1,734 shares in the company, valued at approximately $671,925. The trade was a 41.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,308 shares of company stock worth $5,339,812 in the last three months. Insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Down 1.5%

NYSE:ROK opened at $459.20 on Thursday. The stock has a market cap of $51.09 billion, a price-to-earnings ratio of 47.73, a PEG ratio of 2.98 and a beta of 1.57. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $474.99. The business has a fifty day moving average of $434.40 and a 200-day moving average of $408.56.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period last year, the firm posted $2.45 earnings per share. The business’s 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. Equities analysts predict that Rockwell Automation, Inc. will post 13.02 earnings per share for the current year.

Rockwell Automation declared that its board has authorized a stock buyback plan on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the industrial products company to repurchase up to 2% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a $1.38 dividend. 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%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Rothschild & Co Redburn increased their price target on shares of Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. Citigroup lifted their target price on Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings upgraded Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. HSBC lifted their price objective on shares of Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. Finally, DA Davidson began coverage on shares of Rockwell Automation in a research report on Tuesday. They issued a “neutral” rating and a $500.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation currently has an average rating of “Moderate Buy” and a consensus target price of $454.05.

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.