Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 11,960 Shares of Rockwell Automation, Inc. $ROK

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 49.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,195 shares of the industrial products company’s stock after purchasing an additional 11,960 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Rockwell Automation were worth $12,990,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. MV Capital Management Inc. bought a new position in Rockwell Automation during the fourth quarter valued at about $28,000. Manchester Capital Management LLC raised its stake in shares of Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares in the last quarter. First Horizon Corp acquired a new stake in Rockwell Automation in the 4th quarter worth approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation during the fourth quarter worth approximately $33,000. Finally, TD Capital Management LLC acquired a new position in Rockwell Automation during the fourth quarter valued at approximately $33,000. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Trading Up 0.1%

Shares of ROK stock opened at $471.99 on Friday. The firm has a fifty day moving average of $452.22 and a 200-day moving average of $414.72. The stock has a market cap of $52.52 billion, a price-to-earnings ratio of 49.06, a P/E/G ratio of 3.01 and a beta of 1.54. Rockwell Automation, Inc. has a 52-week low of $305.44 and a 52-week high of $497.36. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 13.05 earnings per share for the current fiscal year.

Rockwell Automation announced that its board has authorized a share buyback plan on Tuesday, June 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio is presently 57.38%.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 1,200 shares of Rockwell Automation stock in a transaction on Monday, April 13th. The stock was sold at an average price of $400.00, for a total transaction of $480,000.00. Following the completion of the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $1,774,800. This trade represents a 21.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Christopher Nardecchia sold 2,538 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the completion of the sale, the senior vice president owned 14,232 shares in the company, valued at $6,353,591.76. This represents a 15.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,009 shares of company stock worth $5,232,471 over the last three months. 0.76% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ROK shares. TD Cowen boosted their price objective on shares of Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Barclays lifted their target price on shares of Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. BNP Paribas Exane upped their price target on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. The Goldman Sachs Group raised their price target on Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. Finally, Citigroup lifted their price objective on Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $462.82.

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.