Swiss National Bank Purchases 21,840 Shares of Rockwell Automation, Inc. $ROK

Swiss National Bank increased its position in Rockwell Automation, Inc. (NYSE:ROK) by 7.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 329,980 shares of the industrial products company’s stock after buying an additional 21,840 shares during the period. Swiss National Bank’s holdings in Rockwell Automation were worth $118,423,000 at the end of the most recent quarter.

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

Rockwell Automation Trading Down 0.6%

ROK opened at $459.11 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The stock’s fifty day moving average is $461.32 and its two-hundred day moving average is $420.30. The company has a market capitalization of $51.09 billion, a P/E ratio of 47.72, a PEG ratio of 2.94 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.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating the consensus estimate of $2.88 by $0.42. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Analysts forecast that Rockwell Automation, Inc. will post 13.06 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given 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 (DPR) is presently 57.38%.

Rockwell Automation announced that its board has approved a stock repurchase program on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ROK shares. Citigroup boosted their price target on shares of Rockwell Automation from $500.00 to $555.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Robert W. Baird lifted their price objective on shares of Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. KeyCorp upped their target price on shares of Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Argus increased their price target on shares of Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Wall Street Zen cut Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $469.33.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 1,054 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares in the company, valued at approximately $2,392,102.30. This trade represents a 15.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at $2,043,282.87. This trade represents a 7.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 9,361 shares of company stock worth $4,189,886. 0.76% of the stock is currently owned by corporate insiders.

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.