SG Americas Securities LLC Acquires 6,259 Shares of Rockwell Automation, Inc. $ROK

SG Americas Securities LLC raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 221.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,081 shares of the industrial products company’s stock after acquiring an additional 6,259 shares during the quarter. SG Americas Securities LLC’s holdings in Rockwell Automation were worth $3,174,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of ROK. Capital Investment Advisors LLC lifted its position in Rockwell Automation by 5.7% in the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after purchasing an additional 119 shares during the last quarter. Patton Fund Management Inc. bought a new stake in Rockwell Automation during the 2nd quarter valued at $294,000. Brighton Jones LLC purchased a new stake in Rockwell Automation during the 4th quarter valued at $281,000. Schroder Investment Management Group increased its position in shares of Rockwell Automation by 796.0% in the second quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after acquiring an additional 86,500 shares during the period. Finally, Focus Partners Wealth boosted its holdings in shares of Rockwell Automation by 20.4% during the first quarter. Focus Partners Wealth now owns 13,348 shares of the industrial products company’s stock worth $3,449,000 after purchasing an additional 2,264 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ROK. Robert W. Baird boosted their price target on Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Barclays boosted their price objective on shares of Rockwell Automation from $435.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Finally, Morgan Stanley increased their price target on shares of Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $406.13.

Rockwell Automation Trading Up 0.9%

Shares of NYSE ROK opened at $414.25 on Tuesday. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $415.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The firm has a 50-day moving average of $392.60 and a 200 day moving average of $362.98. The stock has a market cap of $46.51 billion, a P/E ratio of 54.08, a price-to-earnings-growth ratio of 2.75 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the company earned $2.47 earnings per share. The business’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, sell-side analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a dividend of $1.38 per share. This is a boost 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 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s dividend payout ratio is 72.06%.

Insiders Place Their Bets

In related news, SVP Matthew W. Fordenwalt sold 146 shares of the company’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 transaction, the senior vice president owned 4,437 shares in the company, valued at $1,785,803.76. The trade was a 3.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 476 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the completion of the transaction, the senior vice president directly owned 2,401 shares of the company’s stock, valued at $965,250.02. This trade represents a 16.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 88,053 shares of company stock valued at $34,718,919. Company insiders own 0.76% of the company’s stock.

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.