Voya Investment Management LLC Has $179.82 Million Position in Rockwell Automation, Inc. $ROK

Voya Investment Management LLC boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 94.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 514,469 shares of the industrial products company’s stock after acquiring an additional 250,319 shares during the quarter. Voya Investment Management LLC owned 0.46% of Rockwell Automation worth $179,822,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares in the last quarter. Rexford Capital Inc. bought a new position in shares of Rockwell Automation during the 2nd quarter worth approximately $33,000. Legend Financial Advisors Inc. acquired a new stake in Rockwell Automation in the 2nd quarter valued at $39,000. SBI Securities Co. Ltd. grew its position in Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares during the period. Finally, Financial Gravity Companies Inc. acquired a new position in Rockwell Automation during the second quarter worth $40,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Up 0.5%

Shares of NYSE ROK opened at $391.59 on Friday. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $415.89. The company has a 50-day moving average of $376.88 and a two-hundred day moving average of $353.16. The company has a market cap of $43.97 billion, a PE ratio of 51.12, a P/E/G ratio of 2.61 and a beta of 1.50. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating the consensus estimate of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the firm earned $2.47 earnings per share. Rockwell Automation’s revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a $1.38 dividend. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s payout ratio is 72.06%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Jefferies Financial Group boosted their price target on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. Finally, Bank of America increased their price target on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $403.31.

Insider Activity at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 476 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the transaction, the senior vice president owned 2,401 shares of the company’s stock, valued at $965,250.02. This represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Matthew W. Fordenwalt sold 146 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.48, for a total value of $58,762.08. Following the completion of the transaction, the senior vice president owned 4,437 shares in the company, valued at approximately $1,785,803.76. This represents a 3.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,253 shares of company stock valued at $34,405,319 over the last quarter. 0.68% of the stock is currently owned by corporate insiders.

Rockwell Automation Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.