Isthmus Partners LLC decreased its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.7% during the third quarter, Holdings Channel reports. The institutional investor owned 45,377 shares of the company’s stock after selling 316 shares during the period. Isthmus Partners LLC’s holdings in Rockwell Automation were worth $5,276,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tredje AP fonden boosted its position in Rockwell Automation by 262.5% in the second quarter. Tredje AP fonden now owns 870 shares of the company’s stock worth $100,000 after buying an additional 630 shares in the last quarter. Checchi Capital Advisers LLC boosted its position in Rockwell Automation by 0.5% in the second quarter. Checchi Capital Advisers LLC now owns 938 shares of the company’s stock worth $108,000 after buying an additional 5 shares in the last quarter. Johnson Financial Group Inc. boosted its position in Rockwell Automation by 1,818.4% in the second quarter. Johnson Financial Group Inc. now owns 940 shares of the company’s stock worth $108,000 after buying an additional 891 shares in the last quarter. Van ECK Associates Corp boosted its position in Rockwell Automation by 30.5% in the second quarter. Van ECK Associates Corp now owns 1,465 shares of the company’s stock worth $168,000 after buying an additional 342 shares in the last quarter. Finally, CWM LLC boosted its position in Rockwell Automation by 108.4% in the third quarter. CWM LLC now owns 1,632 shares of the company’s stock worth $200,000 after buying an additional 849 shares in the last quarter. 71.70% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

Rockwell Automation, Inc. (NYSE:ROK) traded up 0.58% during trading on Friday, hitting $141.57. The company had a trading volume of 151,372 shares. Rockwell Automation, Inc. has a 52-week low of $87.53 and a 52-week high of $142.54. The stock has a market capitalization of $18.15 billion, a price-to-earnings ratio of 25.46 and a beta of 1.07. The firm’s 50 day moving average is $136.45 and its 200-day moving average is $122.94.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Monday, November 7th. The company reported $1.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.03. Rockwell Automation had a net margin of 12.41% and a return on equity of 36.34%. The firm earned $1.54 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the firm earned $1.57 EPS. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. On average, equities analysts forecast that Rockwell Automation, Inc. will post $6.07 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Isthmus Partners LLC Has $5,276,000 Position in Rockwell Automation, Inc. (ROK)” was posted by Watch List News and is the propert of of Watch List News. If you are accessing this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark law. The correct version of this report can be viewed at http://www.watchlistnews.com/isthmus-partners-llc-has-5276000-position-in-rockwell-automation-inc-rok/1060019.html.

A number of research analysts have recently commented on ROK shares. Morgan Stanley raised Rockwell Automation from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $136.00 to $145.00 in a research note on Monday. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Rockwell Automation in a research note on Saturday, November 12th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Rockwell Automation in a research note on Friday, October 21st. HSBC started coverage on Rockwell Automation in a research note on Friday, October 7th. They set a “hold” rating and a $108.00 target price on the stock. Finally, Sanford C. Bernstein upgraded Rockwell Automation from an “underperform” rating to a “market perform” rating and boosted their price target for the company from $105.00 to $121.00 in a report on Friday, September 30th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. Rockwell Automation has a consensus rating of “Hold” and an average price target of $115.50.

In other Rockwell Automation news, VP Steven W. Etzel sold 2,000 shares of the business’s stock in a transaction on Friday, October 21st. The shares were sold at an average price of $125.46, for a total value of $250,920.00. Following the completion of the transaction, the vice president now owns 8,486 shares in the company, valued at $1,064,653.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Douglas M. Hagerman sold 588 shares of the business’s stock in a transaction on Thursday, December 8th. The stock was sold at an average price of $137.38, for a total transaction of $80,779.44. The disclosure for this sale can be found here. 1.65% of the stock is currently owned by company insiders.

Rockwell Automation Company Profile

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.

5 Day Chart for NYSE:ROK

Want to see what other hedge funds are holding ROK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rockwell Automation, Inc. (NYSE:ROK).

Receive News & Ratings for Rockwell Automation Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.