Jacobs & Co. CA Sells 1,695 Shares of Rockwell Automation, Inc. $ROK

Jacobs & Co. CA lessened its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 5.8% during the 4th quarter, HoldingsChannel reports. The firm owned 27,674 shares of the industrial products company’s stock after selling 1,695 shares during the quarter. Jacobs & Co. CA’s holdings in Rockwell Automation were worth $10,767,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after buying an additional 75 shares during the period. Rexford Capital Inc. bought a new position in Rockwell Automation in the 2nd quarter worth $33,000. Ameriflex Group Inc. raised its holdings in Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 50 shares during the period. SBI Securities Co. Ltd. lifted its position in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 38 shares during the last quarter. Finally, Sachetta LLC lifted its position in Rockwell Automation by 900.0% during 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 during the last quarter. Institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

ROK has been the topic of several research analyst reports. Robert W. Baird set a $430.00 price target on Rockwell Automation in a research report on Friday, February 6th. Rothschild & Co Redburn boosted their price objective on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Bank of America increased their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Stephens raised their target price on Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Finally, Citigroup upped their price target on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $418.33.

Insider Activity at Rockwell Automation

In other news, SVP Christopher Nardecchia sold 14,465 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the sale, the senior vice president directly owned 14,232 shares in the company, valued at approximately $5,835,262.32. The trade was a 50.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Rebecca W. House sold 12,100 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total value of $4,891,667.00. Following the completion of the transaction, the senior vice president owned 12,200 shares of the company’s stock, valued at $4,932,094. The trade was a 49.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,228 shares of company stock worth $19,992,391 in the last three months. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Down 0.6%

Shares of ROK opened at $355.10 on Thursday. The company has a 50-day simple moving average of $400.95 and a 200-day simple moving average of $380.87. The firm has a market capitalization of $39.90 billion, a P/E ratio of 40.63, a P/E/G ratio of 2.55 and a beta of 1.53. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $438.72.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.08 billion. During the same period last year, the business earned $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 expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is presently 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.