Candriam S.C.A. Sells 3,702 Shares of Rockwell Automation, Inc. $ROK

Candriam S.C.A. decreased its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 197,072 shares of the industrial products company’s stock after selling 3,702 shares during the quarter. Candriam S.C.A. owned about 0.17% of Rockwell Automation worth $65,464,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ROK. Capital Investment Advisors LLC lifted its stake in shares of Rockwell Automation by 5.7% in the 2nd quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after purchasing an additional 119 shares during the period. CWM LLC increased its holdings in Rockwell Automation by 3.7% in the first quarter. CWM LLC now owns 2,353 shares of the industrial products company’s stock worth $608,000 after purchasing an additional 84 shares in the last quarter. Brighton Jones LLC acquired a new position in Rockwell Automation in the fourth quarter valued at approximately $281,000. Integrity Alliance LLC. bought a new position in shares of Rockwell Automation during the 1st quarter worth approximately $293,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of Rockwell Automation by 128.7% during the 1st quarter. J.W. Cole Advisors Inc. now owns 4,382 shares of the industrial products company’s stock worth $1,132,000 after buying an additional 2,466 shares in the last quarter. 75.75% of the stock is owned by institutional investors.

Rockwell Automation Trading Up 0.4%

ROK opened at $393.79 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $398.20. The firm has a market capitalization of $44.28 billion, a PE ratio of 46.22, a P/E/G ratio of 3.30 and a beta of 1.45. The company’s 50-day moving average is $352.87 and its 200 day moving average is $335.14.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be paid a dividend of $1.38 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. This represents a $5.52 annualized dividend and a yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday. Wells Fargo & Company lifted their price target on shares of Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Morgan Stanley upped their price objective on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a report on Monday. KeyCorp raised their target price on Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Finally, Barclays boosted their target price on Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $364.75.

Insider Buying and Selling

In related news, SVP Matheus De A. G. Viera Bulho sold 822 shares of Rockwell Automation stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $365.00, for a total transaction of $300,030.00. Following the sale, the senior vice president directly owned 983 shares in the company, valued at approximately $358,795. This trade represents a 45.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Isaac Woods sold 250 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $350.00, for a total value of $87,500.00. Following the sale, the vice president directly owned 1,662 shares of the company’s stock, valued at approximately $581,700. This represents a 13.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,075 shares of company stock valued at $34,820,361 over the last 90 days. 0.68% of the stock is currently owned by company insiders.

About Rockwell Automation

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.