First Quadrant L P CA maintained its position in Rockwell Automation Inc. (NYSE:ROK) during the second quarter, Holdings Channel reports. The firm owned 1,100 shares of the company’s stock at the end of the second quarter. First Quadrant L P CA’s holdings in Rockwell Automation were worth $126,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Regentatlantic Capital LLC increased its position in Rockwell Automation by 0.7% in the second quarter. Regentatlantic Capital LLC now owns 1,806 shares of the company’s stock worth $207,000 after buying an additional 13 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its position in Rockwell Automation by 0.5% in the first quarter. Massmutual Trust Co. FSB ADV now owns 12,180 shares of the company’s stock worth $1,385,000 after buying an additional 64 shares during the last quarter. Private Bank & Trust Co. increased its position in Rockwell Automation by 3.8% in the second quarter. Private Bank & Trust Co. now owns 2,025 shares of the company’s stock worth $232,000 after buying an additional 75 shares during the last quarter. Loomis Sayles & Co. L P increased its position in Rockwell Automation by 1.6% in the first quarter. Loomis Sayles & Co. L P now owns 5,613 shares of the company’s stock worth $638,000 after buying an additional 90 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in Rockwell Automation by 7.2% in the first quarter. Bessemer Group Inc. now owns 2,197 shares of the company’s stock worth $249,000 after buying an additional 147 shares during the last quarter. Institutional investors and hedge funds own 74.00% of the company’s stock.

Rockwell Automation Inc. (NYSE:ROK) traded down 1.35% during trading on Friday, reaching $113.89. The company had a trading volume of 1,399,934 shares. Rockwell Automation Inc. has a 52-week low of $87.53 and a 52-week high of $120.75. The company has a 50-day moving average of $117.41 and a 200-day moving average of $114.63. The firm has a market capitalization of $14.74 billion, a P/E ratio of 20.26 and a beta of 1.22.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $1.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.09. The firm earned $1.47 billion during the quarter, compared to analyst estimates of $1.49 billion. Rockwell Automation had a return on equity of 35.83% and a net margin of 12.54%. Rockwell Automation’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.59 earnings per share. Analysts expect that Rockwell Automation Inc. will post $5.90 EPS for the current fiscal year.

A number of analysts recently issued reports on the company. Credit Suisse Group AG reissued a “hold” rating on shares of Rockwell Automation in a research report on Saturday, July 9th. Barclays PLC decreased their target price on Rockwell Automation from $120.00 to $118.00 and set an “equal weight” rating for the company in a research report on Thursday, July 28th. Citigroup Inc. decreased their target price on Rockwell Automation from $120.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, July 28th. Canaccord Genuity cut Rockwell Automation from a “buy” rating to a “hold” rating and set a $94.00 target price for the company. in a research report on Tuesday, July 26th. Finally, Zacks Investment Research raised Rockwell Automation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 13th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $105.08.

In related news, Director William T. Jr/Wi Mccormick sold 686 shares of the business’s stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $117.03, for a total value of $80,282.58. Following the completion of the sale, the director now directly owns 10,951 shares of the company’s stock, valued at $1,281,595.53. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Theodore D. Crandall sold 5,404 shares of the company’s stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $118.49, for a total value of $640,319.96. Following the transaction, the chief financial officer now directly owns 98,135 shares of the company’s stock, valued at $11,628,016.15. The disclosure for this sale can be found here. 1.54% of the stock is owned by corporate insiders.

About Rockwell Automation

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

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