Rockwell Automation, Inc. $ROK Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC increased its stake in Rockwell Automation, Inc. (NYSE:ROK) by 14.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,216 shares of the industrial products company’s stock after buying an additional 5,167 shares during the period. NEOS Investment Management LLC’s holdings in Rockwell Automation were worth $14,406,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new stake in Rockwell Automation during the second quarter valued at approximately $33,000. SBI Securities Co. Ltd. raised its stake in Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in Rockwell Automation during the 2nd quarter worth approximately $40,000. Finally, Sachetta LLC grew its position in shares of Rockwell Automation by 900.0% in the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 108 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Rockwell Automation news, SVP Rebecca W. House sold 1,698 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total transaction of $682,697.88. Following the transaction, the senior vice president owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This trade represents a 12.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $392.00, for a total transaction of $313,600.00. Following the sale, the vice president owned 1,234 shares in the company, valued at $483,728. This trade represents a 39.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 25,531 shares of company stock valued at $10,259,637. Corporate insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Jefferies Financial Group upped their price target on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. increased their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Bank of America raised their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Zacks Research cut shares of 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 issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Rockwell Automation currently has an average rating of “Moderate Buy” and an average target price of $417.22.

Rockwell Automation Stock Performance

ROK opened at $388.00 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is $407.56 and its 200-day moving average is $375.11. The stock has a market cap of $43.60 billion, a PE ratio of 44.39, a price-to-earnings-growth ratio of 2.82 and a beta of 1.52. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $438.72.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the previous year, the firm posted $1.83 earnings per share. The business’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Monday, February 23rd will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, February 23rd. Rockwell Automation’s payout ratio is currently 63.16%.

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.