1,418 Shares in Rockwell Automation, Inc. $ROK Acquired by Odyssean LLC

Odyssean LLC bought a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,418 shares of the industrial products company’s stock, valued at approximately $702,000.

Other hedge funds also recently modified their holdings of the company. Castle Rock Wealth Management LLC increased its holdings in Rockwell Automation by 2.2% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 1,038 shares of the industrial products company’s stock worth $501,000 after purchasing an additional 22 shares in the last quarter. Richards Merrill & Peterson Inc. grew its holdings in Rockwell Automation by 1.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock worth $487,000 after acquiring an additional 25 shares during the last quarter. Cidel Asset Management Inc. raised its stake in shares of Rockwell Automation by 4.6% during the first quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock valued at $206,000 after acquiring an additional 25 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in shares of Rockwell Automation by 0.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock worth $1,544,000 after purchasing an additional 27 shares during the last quarter. Finally, Johnson Investment Counsel Inc. raised its position in Rockwell Automation by 1.9% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock worth $549,000 after purchasing an additional 27 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Activity at Rockwell Automation

In other news, CFO Christian E. Rothe sold 590 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $434.30, for a total value of $256,237.00. Following the transaction, the chief financial officer owned 10,429 shares in the company, valued at $4,529,314.70. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Matthew W. Fordenwalt sold 377 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total value of $173,612.27. Following 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,185 shares of company stock valued at $529,331. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $432.44 on Thursday. Rockwell Automation, Inc. has a twelve month low of $332.71 and a twelve month high of $497.36. The stock’s 50 day moving average is $460.04 and its 200-day moving average is $427.16. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $48.02 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 2.51 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the business posted $2.82 EPS. Rockwell Automation’s quarterly revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Sell-side analysts forecast that Rockwell Automation, Inc. will post 13.21 EPS for the current fiscal year.

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

Rockwell Automation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s payout ratio is currently 51.73%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein increased their price target on Rockwell Automation from $501.00 to $514.00 and gave the company a “market perform” rating in a research note on Friday, August 14th. Zacks Research lowered shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. The Goldman Sachs Group upped their price objective on shares of Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. 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 research note on Wednesday, May 6th. Finally, KeyCorp increased their price target on Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Rockwell Automation currently has a consensus rating of “Hold” and an average target price of $468.19.

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.