Rockwell Automation, Inc. $ROK Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 0.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,091,842 shares of the industrial products company’s stock after purchasing an additional 33,436 shares during the quarter. Vanguard Group Inc. owned 0.13% of Rockwell Automation worth $4,925,522,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp lifted its holdings in Rockwell Automation by 24.6% during the 3rd quarter. Fifth Third Bancorp now owns 5,640 shares of the industrial products company’s stock worth $1,971,000 after buying an additional 1,115 shares in the last quarter. Phillips Wealth Planners LLC boosted its holdings in Rockwell Automation by 45.4% in the third quarter. Phillips Wealth Planners LLC now owns 929 shares of the industrial products company’s stock valued at $324,000 after purchasing an additional 290 shares during the period. JPMorgan Chase & Co. grew its stake in Rockwell Automation by 122.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock worth $286,522,000 after purchasing an additional 451,038 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in Rockwell Automation by 4.2% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 39,472 shares of the industrial products company’s stock worth $13,797,000 after purchasing an additional 1,575 shares during the period. Finally, ABN Amro Investment Solutions increased its holdings in Rockwell Automation by 6.0% during the 3rd quarter. ABN Amro Investment Solutions now owns 25,321 shares of the industrial products company’s stock worth $8,850,000 after purchasing an additional 1,437 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ROK. Stephens boosted their price objective on Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. increased their price objective on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Finally, Citigroup lifted their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and a consensus price target of $417.22.

Rockwell Automation Trading Down 1.6%

NYSE ROK opened at $388.00 on Wednesday. The firm’s fifty day moving average price is $407.56 and its 200 day moving average price is $375.11. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. The company has a market capitalization of $43.60 billion, a price-to-earnings ratio of 44.39, a price-to-earnings-growth ratio of 2.82 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. The firm had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. Rockwell Automation’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, sell-side analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Monday, February 23rd will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is currently 63.16%.

Insider Activity

In other news, SVP Rebecca W. House sold 1,698 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the sale, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This represents a 12.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Tessa M. Myers sold 1,020 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total transaction of $410,111.40. Following the transaction, the senior vice president directly owned 6,021 shares in the company, valued at approximately $2,420,863.47. This represents a 14.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,531 shares of company stock worth $10,259,637 over the last ninety days. 0.76% of the stock is owned by corporate 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.