Danske Bank A S Acquires 2,452 Shares of Rockwell Automation, Inc. $ROK

Danske Bank A S increased its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 3.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 76,874 shares of the industrial products company’s stock after purchasing an additional 2,452 shares during the quarter. Danske Bank A S’s holdings in Rockwell Automation were worth $29,909,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC bought a new stake in Rockwell Automation in the fourth quarter valued at approximately $281,000. AQR Capital Management LLC increased its stake in Rockwell Automation by 75.9% in the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock valued at $2,059,000 after purchasing an additional 3,513 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Rockwell Automation by 142.7% in the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock valued at $1,887,000 after buying an additional 4,295 shares during the period. Acadian Asset Management LLC increased its position in shares of Rockwell Automation by 233.6% in the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock valued at $484,000 after buying an additional 1,315 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in shares of Rockwell Automation in the 2nd quarter valued at $868,000. 75.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ROK has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered their price objective on shares of Rockwell Automation from $458.00 to $448.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Robert W. Baird reduced their target price on shares of Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $380.00 target price (down from $490.00) on shares of Rockwell Automation in a research note on Tuesday, March 31st. Finally, JPMorgan Chase & Co. upped their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and a consensus target price of $406.67.

Rockwell Automation Stock Performance

Shares of ROK opened at $408.35 on Friday. The firm has a 50-day moving average of $383.62 and a 200-day moving average of $389.58. Rockwell Automation, Inc. has a one year low of $250.32 and a one year high of $438.72. The company has a market cap of $45.88 billion, a PE ratio of 46.72, a price-to-earnings-growth ratio of 2.91 and a beta of 1.56. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the firm posted $1.83 EPS. The company’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, equities analysts forecast that Rockwell Automation, Inc. will post 12.14 earnings per share for the current year.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is currently 63.16%.

Insider Activity at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total transaction of $484,375.00. Following the completion of the sale, the senior vice president owned 1,734 shares in the company, valued at approximately $671,925. This trade represents a 41.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Cyril Perducat sold 198 shares of Rockwell Automation stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $395.00, for a total transaction of $78,210.00. Following the completion of the sale, the senior vice president owned 6,241 shares of the company’s stock, valued at $2,465,195. This trade represents a 3.08% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 51,375 shares of company stock worth $20,828,717 in the last quarter. 0.76% of the stock is owned by corporate insiders.

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.