Rockwell Automation, Inc. $ROK Stock: Covestor Ltd Trims Position

Covestor Ltd lowered its position in Rockwell Automation, Inc. (NYSE:ROK) by 96.4% in the 3rd quarter, Holdings Channel reports. The fund owned 68 shares of the industrial products company’s stock after selling 1,831 shares during the quarter. Covestor Ltd’s holdings in Rockwell Automation were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Rockwell Automation during the second quarter valued at approximately $6,129,376,000. State Street Corp raised its holdings in Rockwell Automation by 5.3% in the second quarter. State Street Corp now owns 5,323,990 shares of the industrial products company’s stock worth $2,635,801,000 after purchasing an additional 265,978 shares in the last quarter. Amundi raised its holdings in Rockwell Automation by 13.5% in the first quarter. Amundi now owns 998,374 shares of the industrial products company’s stock worth $358,296,000 after purchasing an additional 118,474 shares in the last quarter. Legal & General Group Plc purchased a new position in Rockwell Automation during the second quarter valued at $394,905,000. Finally, Robeco Institutional Asset Management B.V. lifted its position in Rockwell Automation by 6.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 738,277 shares of the industrial products company’s stock valued at $321,394,000 after buying an additional 44,216 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ROK. Mizuho dropped their target price on shares of Rockwell Automation from $445.00 to $430.00 and set a “neutral” rating on the stock in a report on Thursday, October 15th. Evercore set a $485.00 price target on shares of Rockwell Automation in a research note on Wednesday, August 5th. Zacks Research cut shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. DA Davidson dropped their price objective on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating on the stock in a research note on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Rockwell Automation from $469.00 to $500.00 and gave the stock a “hold” rating in a report on Wednesday, September 30th. Nine analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $471.33.

Rockwell Automation Trading Up 1.9%

NYSE:ROK opened at $396.82 on Wednesday. The company’s 50 day moving average price is $428.00 and its 200-day moving average price is $427.02. Rockwell Automation, Inc. has a 52 week low of $347.53 and a 52 week high of $497.36. The company has a quick ratio of 1.35, a current ratio of 2.11 and a debt-to-equity ratio of 0.72. The stock has a market cap of $44.07 billion, a price-to-earnings ratio of 31.62, a PEG ratio of 2.73 and a beta of 1.51.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 5th. The industrial products company reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.19. Rockwell Automation had a net margin of 15.68% and a return on equity of 41.79%. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the previous year, the business earned $3.34 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. Rockwell Automation has set its FY 2027 guidance at 14.500-15.500 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 14.94 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be given a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, November 16th. Rockwell Automation’s payout ratio is 43.98%.

Key Rockwell Automation News

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: CEO Blake Moret bought 4,000 shares for about $1.55 million at an average price of $386.36, increasing his holdings by 4.2%. The purchase may signal confidence after the stock’s recent decline. Article: Rockwell’s CEO Is Buying the 14% Crash
• Positive Sentiment: Rockwell introduced PanelView Pro, a high-performance terminal for manufacturing environments with a modular design and an easier migration path for existing FactoryTalk View ME users. The launch adds to its product offering, though its near-term financial contribution is not specified. Article: Rockwell Automation Introduces PanelView Pro
• Positive Sentiment: The company raised its quarterly dividend to $1.45 per share from $1.38, a shareholder-return boost that may support investor sentiment. Article: Rockwell Automation stock and dividend information
• Neutral Sentiment: Rockwell will present at Baird’s 2026 Global Industrial Conference. The appearance could provide updates, but no new business or financial details were reported. Article: Rockwell Automation to Present at Baird’s Conference
• Negative Sentiment: Recent quarterly revenue of $2.33 billion fell short of the $2.41 billion analyst estimate. Rockwell said a customer tariff-refund program reduced reported and organic sales growth by about four percentage points; the one-time factor helps explain the miss, but investors may still focus on weaker-than-expected sales. Article: Rockwell Automation CEO Buys Stock Amid Share Slump

Insider Buying and Selling

In other Rockwell Automation news, CEO Blake Moret bought 4,000 shares of the firm’s stock in a transaction on Monday, November 9th. The stock was acquired at an average price of $386.36 per share, with a total value of $1,545,440.00. Following the transaction, the chief executive officer owned 99,285 shares in the company, valued at $38,359,752.60. This represents a 4.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Christian Rothe sold 590 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction 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 represents a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 2,711 shares of company stock worth $1,164,880 in the last three months. 0.76% of the stock is currently owned by company insiders.

Rockwell Automation Profile

Rockwell Automation, Inc. is an industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. Its roots date to 1903, when it was founded as the Compression Rheostat Company. The company provides hardware, software and services that help manufacturers automate and manage industrial operations. Its offerings include control systems, sensors, motor-control products, industrial software and services for optimizing production and maintaining equipment. Its Allen-Bradley and FactoryTalk brands are among its best-known product lines.