Rockwell Automation, Inc. $ROK Shares Sold by LGT Group Foundation

LGT Group Foundation reduced its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 15.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 19,495 shares of the industrial products company’s stock after selling 3,568 shares during the period. LGT Group Foundation’s holdings in Rockwell Automation were worth $6,810,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of 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 worth $32,000 after buying an additional 75 shares during the period. Rexford Capital Inc. purchased a new position in shares of Rockwell Automation during the second quarter worth about $33,000. Ameriflex Group Inc. increased its position in Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 50 shares during the period. SBI Securities Co. Ltd. raised its stake in Rockwell Automation by 48.7% during the 2nd 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 last quarter. Finally, Financial Gravity Companies Inc. purchased a new stake in Rockwell Automation during the 2nd quarter valued at approximately $40,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Christopher Nardecchia sold 14,465 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the sale, the senior vice president directly owned 14,232 shares in the company, valued at approximately $5,835,262.32. The trade was a 50.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Scott Genereux sold 17,407 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the completion of the transaction, the vice president owned 3,314 shares of the company’s stock, valued at $1,340,877.54. This represents a 84.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 61,481 shares of company stock worth $24,918,602. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Stock Performance

NYSE ROK opened at $375.53 on Tuesday. The stock has a market capitalization of $42.19 billion, a price-to-earnings ratio of 42.97, a PEG ratio of 2.64 and a beta of 1.53. The business’s 50 day moving average is $406.04 and its two-hundred day moving average is $380.43. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $438.72. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68.

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

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio (DPR) is 63.16%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ROK. TD Cowen lifted their target price on Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Stephens upped their price target on Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Oppenheimer downgraded Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. The Goldman Sachs Group upgraded shares of Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Finally, KeyCorp reissued an “overweight” rating and issued a $470.00 price objective on shares of Rockwell Automation in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $418.33.

Rockwell Automation Company 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.