Mitsubishi UFJ Trust & Banking Corp Sells 13,366 Shares of Rockwell Automation, Inc. $ROK

Mitsubishi UFJ Trust & Banking Corp lowered its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 20.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,651 shares of the industrial products company’s stock after selling 13,366 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Rockwell Automation were worth $18,403,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of Rockwell Automation in the fourth quarter worth about $281,000. AQR Capital Management LLC lifted its holdings in Rockwell Automation by 75.9% in the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after buying an additional 3,513 shares during the period. Empowered Funds LLC lifted its holdings in Rockwell Automation by 142.7% in the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after buying an additional 4,295 shares during the period. Acadian Asset Management LLC increased its stake in shares of Rockwell Automation by 233.6% during the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after buying an additional 1,315 shares during the period. Finally, ST Germain D J Co. Inc. raised its holdings in shares of Rockwell Automation by 4,266.7% during the second quarter. ST Germain D J Co. Inc. now owns 262 shares of the industrial products company’s stock valued at $87,000 after acquiring an additional 256 shares in the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Bank of America lifted their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. TD Cowen boosted their price target on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Oppenheimer lowered shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Finally, Zacks Research downgraded Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $410.12.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Tessa M. Myers sold 1,020 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.07, for a total value of $410,111.40. Following the completion of the transaction, the senior vice president directly owned 6,021 shares of the company’s stock, valued at approximately $2,420,863.47. The trade was a 14.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Rebecca W. House sold 1,698 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total transaction of $682,697.88. Following the sale, the senior vice president owned 12,200 shares in the company, valued at approximately $4,905,132. The trade was a 12.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 88,053 shares of company stock worth $34,718,919 over the last quarter. Corporate insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Shares of NYSE ROK opened at $420.27 on Tuesday. The company has a 50 day simple moving average of $400.62 and a two-hundred day simple moving average of $368.44. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $429.58. The company has a market capitalization of $47.18 billion, a price-to-earnings ratio of 54.87, a P/E/G ratio of 2.93 and a beta of 1.52. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the prior year, the business posted $2.47 EPS. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were issued a dividend of $1.38 per share. The ex-dividend date was Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio is 72.06%.

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.