Gamco Investors INC. ET AL Lowers Position in Rockwell Automation, Inc. $ROK

Gamco Investors INC. ET AL decreased its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 113,546 shares of the industrial products company’s stock after selling 2,080 shares during the period. Gamco Investors INC. ET AL owned 0.10% of Rockwell Automation worth $39,688,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Marietta Investment Partners LLC increased its holdings in shares of Rockwell Automation by 12.0% during the 3rd quarter. Marietta Investment Partners LLC now owns 3,125 shares of the industrial products company’s stock worth $1,092,000 after buying an additional 334 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in Rockwell Automation by 153.7% in the third quarter. Aptus Capital Advisors LLC now owns 6,880 shares of the industrial products company’s stock valued at $2,405,000 after acquiring an additional 4,168 shares during the last quarter. Integrity Advisory Solutions LLC acquired a new position in Rockwell Automation in the third quarter valued at $262,000. Crossmark Global Holdings Inc. grew its position in Rockwell Automation by 22.7% during the third quarter. Crossmark Global Holdings Inc. now owns 4,667 shares of the industrial products company’s stock valued at $1,631,000 after acquiring an additional 862 shares during the period. Finally, Bellwether Advisors LLC purchased a new stake in Rockwell Automation during the third quarter valued at about $2,238,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Tessa M. Myers sold 1,985 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total value of $812,599.45. Following the completion of the sale, the senior vice president owned 4,036 shares of the company’s stock, valued at $1,652,217.32. This trade represents a 32.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Blake D. Moret sold 5,564 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total transaction of $2,236,839.28. Following the sale, the chief executive officer owned 94,585 shares in the company, valued at $38,025,061.70. This represents a 5.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 66,918 shares of company stock worth $27,101,084 over the last 90 days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Trading Down 2.3%

NYSE:ROK opened at $369.88 on Friday. The business’s 50-day moving average is $406.46 and its two-hundred day moving average is $379.64. The firm has a market capitalization of $41.56 billion, a PE ratio of 42.32, a price-to-earnings-growth ratio of 2.70 and a beta of 1.53. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80.

Rockwell Automation (NYSE:ROK) last issued its earnings results 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 the consensus estimate of $2.08 billion. During the same quarter in the prior year, the business earned $1.83 earnings per share. The company’s revenue 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. Research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, February 23rd. Rockwell Automation’s dividend payout ratio is currently 63.16%.

Analyst Upgrades and Downgrades

ROK has been the topic of a number of research reports. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $329.00 to $448.00 in a report on Tuesday, December 16th. Evercore initiated coverage on Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 target price for the company. Stephens increased their target price on shares of Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. TD Cowen raised their price target on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a report on Friday, February 20th. Finally, Jefferies Financial Group lifted their price target on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $418.33.

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.