Rockwell Automation, Inc. $ROK Stock Position Reduced by Night Squared LP

Night Squared LP trimmed its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 10.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,298 shares of the industrial products company’s stock after selling 1,569 shares during the quarter. Night Squared LP’s holdings in Rockwell Automation were worth $5,174,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ increased its position in Rockwell Automation by 7.1% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock valued at $21,613,000 after acquiring an additional 4,086 shares during the period. Oak Thistle LLC bought a new position in Rockwell Automation during the 4th quarter valued at $1,556,000. Nordea Investment Management AB boosted its stake in Rockwell Automation by 20.7% during the 4th quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock valued at $291,073,000 after purchasing an additional 127,733 shares in the last quarter. SG Americas Securities LLC boosted its stake in Rockwell Automation by 911.0% during the 4th quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock valued at $35,720,000 after purchasing an additional 82,727 shares in the last quarter. Finally, Maridea Wealth Management LLC boosted its stake in Rockwell Automation by 580.0% during the 4th quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock valued at $2,148,000 after purchasing an additional 4,710 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Christopher Nardecchia sold 2,538 shares of Rockwell Automation stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total value of $1,133,039.34. Following the transaction, the senior vice president directly owned 14,232 shares in the company, valued at approximately $6,353,591.76. The trade was a 15.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of Rockwell Automation stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $387.50, for a total value of $484,375.00. Following the sale, the senior vice president directly owned 1,734 shares in the company, valued at approximately $671,925. This trade represents a 41.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,308 shares of company stock valued at $5,339,812 in the last ninety days. Company insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ROK. HSBC raised their price objective on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. TD Cowen raised their price objective on Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. raised their target price on Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and a consensus target price of $454.05.

Rockwell Automation Trading Up 0.6%

Rockwell Automation stock opened at $466.40 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. The business’s 50-day simple moving average is $432.56 and its 200-day simple moving average is $408.10. The firm has a market capitalization of $51.90 billion, a PE ratio of 48.48, a PEG ratio of 2.96 and a beta of 1.57. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $474.99.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 13.02 earnings per share for the current year.

Rockwell Automation announced that its board has authorized a share repurchase program on Tuesday, June 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid a $1.38 dividend. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s payout ratio is presently 57.38%.

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.