Fisher Asset Management LLC Increases Stock Position in Rockwell Automation, Inc. $ROK

Fisher Asset Management LLC boosted its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 7.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 792,503 shares of the industrial products company’s stock after purchasing an additional 52,714 shares during the period. Fisher Asset Management LLC owned approximately 0.70% of Rockwell Automation worth $263,246,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ROK. SBI Securities Co. Ltd. increased its position in shares of Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 38 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in Rockwell Automation in the second quarter valued at about $39,000. Financial Gravity Companies Inc. acquired a new stake in Rockwell Automation during the 2nd quarter valued at approximately $40,000. AdvisorShares Investments LLC purchased a new stake in Rockwell Automation during the 2nd quarter worth approximately $50,000. Finally, Maryland Capital Advisors Inc. raised its position in shares of Rockwell Automation by 862.5% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 154 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 138 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In other news, CEO Blake D. Moret sold 61,700 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $391.56, for a total transaction of $24,159,252.00. Following the transaction, the chief executive officer directly owned 83,873 shares of the company’s stock, valued at approximately $32,841,311.88. This trade represents a 42.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Isaac Woods sold 250 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $350.00, for a total transaction of $87,500.00. Following the completion of the sale, the vice president directly owned 1,662 shares of the company’s stock, valued at $581,700. The trade was a 13.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 87,275 shares of company stock valued at $33,125,505. 0.68% of the stock is currently owned by corporate insiders.

Rockwell Automation Trading Down 1.5%

Shares of NYSE:ROK opened at $390.10 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The company’s 50-day moving average price is $362.47 and its 200 day moving average price is $345.35. The company has a market cap of $43.80 billion, a PE ratio of 45.79, a P/E/G ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $398.82.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating the consensus estimate of $2.94 by $0.40. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. Rockwell Automation’s revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given 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 dividend on an annualized basis and a yield of 1.4%. Rockwell Automation’s payout ratio is presently 72.06%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. JPMorgan Chase & Co. boosted their target price on shares of Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. Wells Fargo & Company upped their target price 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. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Finally, Barclays upped their price objective on Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.44.

Rockwell Automation Company Profile

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.