Rockwell Automation, Inc. $ROK Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP cut its stake in Rockwell Automation, Inc. (NYSE:ROK) by 4.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,335 shares of the industrial products company’s stock after selling 10,345 shares during the quarter. Westfield Capital Management Co. LP owned approximately 0.18% of Rockwell Automation worth $71,421,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Rockwell Automation in the second quarter valued at approximately $368,575,000. Holocene Advisors LP raised its stake in Rockwell Automation by 128.9% in the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Rockwell Automation by 122.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after purchasing an additional 451,038 shares in the last quarter. Ontario Teachers Pension Plan Board boosted its stake in Rockwell Automation by 7,730.3% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after purchasing an additional 350,261 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in Rockwell Automation by 294.5% during the 2nd quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock worth $142,664,000 after purchasing an additional 320,627 shares during the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Rockwell Automation

In other news, SVP Matthew W. Fordenwalt sold 146 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.48, for a total value of $58,762.08. Following the sale, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $1,785,803.76. The trade was a 3.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $392.00, for a total transaction of $313,600.00. Following the completion of the transaction, the vice president owned 1,234 shares in the company, valued at approximately $483,728. This represents a 39.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 25,531 shares of company stock worth $10,259,637 in the last 90 days. Insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

ROK has been the subject of a number of recent research reports. Oppenheimer cut shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Evercore assumed coverage on shares of Rockwell Automation in a report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price objective for the company. Argus upgraded Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. Zacks Research lowered Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $418.33.

Rockwell Automation Stock Down 0.8%

ROK stock opened at $402.12 on Thursday. The firm has a market cap of $45.18 billion, a PE ratio of 46.01, a PEG ratio of 2.89 and a beta of 1.52. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. The firm’s 50 day moving average price is $406.84 and its 200-day moving average price is $377.34. Rockwell Automation, Inc. has a one year low of $215.00 and a one year 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 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 company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same period in the prior year, the business posted $1.83 earnings per share. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, equities research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Monday, February 23rd will be given 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 of this dividend is Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.

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.