New York State Teachers Retirement System Grows Stock Position in Rockwell Automation, Inc. $ROK

New York State Teachers Retirement System lifted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 89,728 shares of the industrial products company’s stock after purchasing an additional 3,150 shares during the period. New York State Teachers Retirement System’s holdings in Rockwell Automation were worth $31,363,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Investment Advisors LLC grew its position in shares of Rockwell Automation by 5.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after acquiring an additional 119 shares during the period. Patton Fund Management Inc. bought a new position in Rockwell Automation in the 2nd quarter worth $294,000. Brighton Jones LLC bought a new position in Rockwell Automation in the 4th quarter worth $281,000. Schroder Investment Management Group lifted its position in Rockwell Automation by 796.0% during 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 purchasing an additional 86,500 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. bought a new stake in Rockwell Automation during the third quarter valued at about $777,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analysts Set New Price Targets

ROK has been the topic of several recent research reports. Barclays raised their price objective on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Robert W. Baird upped their price target on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Evercore ISI assumed coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective on the stock. Finally, Zacks Research upgraded shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. 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. Based on data from MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and a consensus target price of $406.13.

Rockwell Automation Trading Up 0.9%

Rockwell Automation stock 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 firm’s 50 day moving average price is $392.60 and its 200-day moving average price is $362.98. 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 stock has a market cap of $46.51 billion, a P/E ratio of 54.08, a PEG ratio of 2.75 and a beta of 1.52.

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

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were given a dividend of $1.38 per share. The ex-dividend date was Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Insider Transactions at Rockwell Automation

In related news, VP Terry L. Riesterer sold 800 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $392.00, for a total value of $313,600.00. Following the sale, the vice president directly owned 1,234 shares in the company, valued at approximately $483,728. The trade was a 39.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 476 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total value of $191,361.52. Following the transaction, the senior vice president directly owned 2,401 shares of the company’s stock, valued at approximately $965,250.02. The trade was a 16.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 88,053 shares of company stock valued at $34,718,919. 0.76% of the stock is owned by insiders.

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.