Lansdowne Partners UK LLP Has $10.33 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Lansdowne Partners UK LLP boosted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 10.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,540 shares of the industrial products company’s stock after purchasing an additional 2,765 shares during the period. Rockwell Automation comprises about 0.7% of Lansdowne Partners UK LLP’s holdings, making the stock its 14th largest holding. Lansdowne Partners UK LLP’s holdings in Rockwell Automation were worth $10,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in ROK. Vanguard Group Inc. increased its holdings in shares of Rockwell Automation by 1.5% during the second quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after buying an additional 207,448 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Rockwell Automation by 12.0% during the 3rd quarter. Invesco Ltd. now owns 1,235,788 shares of the industrial products company’s stock valued at $431,945,000 after acquiring an additional 132,637 shares in the last quarter. Norges Bank bought a new stake in Rockwell Automation during the 2nd quarter worth $368,575,000. Holocene Advisors LP grew its position in Rockwell Automation by 14.1% during the 3rd quarter. Holocene Advisors LP now owns 989,429 shares of the industrial products company’s stock worth $345,835,000 after acquiring an additional 122,437 shares during the last quarter. Finally, Fisher Asset Management LLC increased its holdings in Rockwell Automation by 3.8% in the 3rd quarter. Fisher Asset Management LLC now owns 822,501 shares of the industrial products company’s stock worth $287,489,000 after purchasing an additional 29,998 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Trading Up 0.8%

NYSE ROK opened at $363.98 on Tuesday. The firm has a market capitalization of $40.90 billion, a PE ratio of 41.65, a price-to-earnings-growth ratio of 2.58 and a beta of 1.53. The business’s 50-day moving average price is $403.14 and its two-hundred day moving average price is $380.95. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same period last year, the company earned $1.83 earnings per share. The firm’s revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were issued a dividend of $1.38 per share. The ex-dividend date was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.

Insider Transactions at Rockwell Automation

In related news, VP Scott Genereux sold 17,407 shares of Rockwell Automation stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the completion of the transaction, the vice president owned 3,314 shares of the company’s stock, valued at $1,340,877.54. This trade represents a 84.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Tessa M. Myers sold 1,985 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the transaction, the senior vice president owned 4,036 shares in the company, valued at approximately $1,652,217.32. The trade was a 32.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 49,228 shares of company stock worth $19,992,391. Company insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ROK shares. The Goldman Sachs Group raised Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their price target for the company from $329.00 to $448.00 in a research note on Tuesday, December 16th. Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research note on Friday, February 6th. Morgan Stanley reiterated an “overweight” rating and issued a $460.00 price objective on shares of Rockwell Automation in a report on Sunday, February 8th. TD Cowen lifted their target price on shares of Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Finally, KeyCorp reissued an “overweight” rating and set a $470.00 target price on shares of Rockwell Automation in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $418.33.

About Rockwell Automation

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.