10,600 Shares in Rockwell Automation, Inc. $ROK Purchased by Financiere des Professionnels Fonds d investissement inc.

Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 10,600 shares of the industrial products company’s stock, valued at approximately $3,804,000.

Other hedge funds have also added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new stake in shares of Rockwell Automation in the fourth quarter worth approximately $28,000. Manchester Capital Management LLC lifted its holdings in shares of Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. First Horizon Corp purchased a new position in shares of Rockwell Automation during the fourth quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation during the fourth quarter worth $33,000. Finally, TD Capital Management LLC bought a new stake in Rockwell Automation during the fourth quarter worth $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 600 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $449.58, for a total value of $269,748.00. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at $1,994,786.46. The trade was a 11.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. This represents a 15.80% decrease in their position. 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 sold 9,361 shares of company stock valued at $4,189,886 in the last quarter. Insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on ROK. JPMorgan Chase & Co. raised their price objective on Rockwell Automation from $404.00 to $417.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Robert W. Baird upped their target price on shares of Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Evercore increased their target price on shares of Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th. Rothschild & Co Redburn raised their price target on shares of Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. Finally, Citigroup boosted their price target on shares of Rockwell Automation from $500.00 to $555.00 and gave the stock a “buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and an average price target of $469.33.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $469.08 on Friday. The company has a market capitalization of $52.19 billion, a P/E ratio of 48.76, a price-to-earnings-growth ratio of 2.94 and a beta of 1.54. The company’s 50-day moving average is $461.10 and its 200 day moving average is $419.38. 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 fifty-two week low of $305.44 and a fifty-two week high of $497.36.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data 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. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 13.06 earnings per share for the current year.

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

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be paid a $1.38 dividend. The ex-dividend date is Monday, August 17th. This represents a $5.52 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is presently 57.38%.

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.