Jacobs & Co. CA Lowers Holdings in Rockwell Automation, Inc. $ROK

Jacobs & Co. CA reduced its position in Rockwell Automation, Inc. (NYSE:ROK) by 5.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 25,790 shares of the industrial products company’s stock after selling 1,427 shares during the quarter. Rockwell Automation comprises about 1.1% of Jacobs & Co. CA’s holdings, making the stock its 29th largest position. Jacobs & Co. CA’s holdings in Rockwell Automation were worth $12,768,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. MV Capital Management Inc. purchased a new stake in shares of Rockwell Automation in the fourth quarter valued at about $28,000. Manchester Capital Management LLC raised its holdings in Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 39 shares in the last quarter. First Horizon Corp acquired a new stake in Rockwell Automation in the fourth quarter valued at about $32,000. BOK Financial Private Wealth Inc. acquired a new stake in Rockwell Automation in the fourth quarter valued at about $33,000. Finally, TD Capital Management LLC purchased a new stake in Rockwell Automation in the 4th quarter valued at approximately $33,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Down 0.2%

Rockwell Automation stock opened at $440.95 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.08. The firm has a market capitalization of $48.97 billion, a price-to-earnings ratio of 41.33, a price-to-earnings-growth ratio of 2.58 and a beta of 1.54. Rockwell Automation, Inc. has a fifty-two week low of $328.70 and a fifty-two week high of $497.36. The stock’s fifty day moving average is $464.99 and its two-hundred day moving average is $425.44.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the company posted $2.82 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Analysts predict that Rockwell Automation, Inc. will post 13.19 EPS for the current fiscal year.

Rockwell Automation announced that its Board of Directors has initiated a stock buyback plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to repurchase up to 2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s payout ratio is presently 51.73%.

Insider Transactions at Rockwell Automation

In related news, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the transaction, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. The trade was a 15.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. The trade was a 7.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,649 shares of company stock valued at $722,119. 0.76% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Citigroup dropped their target price on Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a research report on Wednesday. Sanford C. Bernstein initiated coverage on Rockwell Automation in a research note on Tuesday, June 9th. They issued a “market perform” rating and a $501.00 price target on the stock. HSBC upped their price objective on Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. BNP Paribas Exane increased their price objective on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Finally, Argus raised their target price on Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Nine equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $468.05.

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.