National Pension Service Acquires 1,294 Shares of Rockwell Automation, Inc. $ROK

National Pension Service increased its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,981 shares of the industrial products company’s stock after purchasing an additional 1,294 shares during the quarter. National Pension Service owned approximately 0.14% of Rockwell Automation worth $53,141,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ROK. Robeco Institutional Asset Management B.V. raised its position in shares of Rockwell Automation by 720.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after buying an additional 350,662 shares during the last quarter. Great Lakes Advisors LLC bought a new stake in Rockwell Automation in the 1st quarter valued at $73,908,000. Nuveen LLC bought a new stake in Rockwell Automation in the 1st quarter valued at $63,632,000. Raymond James Financial Inc. lifted its stake in Rockwell Automation by 213.7% in the 1st quarter. Raymond James Financial Inc. now owns 357,080 shares of the industrial products company’s stock worth $92,263,000 after purchasing an additional 243,249 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Rockwell Automation by 1,950.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 202,788 shares of the industrial products company’s stock worth $67,360,000 after purchasing an additional 192,898 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ROK shares. Wells Fargo & Company raised their price objective on Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research report on Friday, November 7th. Morgan Stanley raised their price target on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a report on Monday. Barclays increased 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. JPMorgan Chase & Co. increased their price objective on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Rockwell Automation presently has an average rating of “Moderate Buy” and an average price target of $364.75.

Insider Activity

In other Rockwell Automation news, SVP Cyril Perducat sold 1,435 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $348.08, for a total value of $499,494.80. Following the transaction, the senior vice president owned 3,787 shares in the company, valued at approximately $1,318,178.96. This trade represents a 27.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Isaac Woods sold 250 shares of the company’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 completion of the sale, the vice president owned 1,662 shares of the company’s stock, valued at approximately $581,700. The trade was a 13.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 92,075 shares of company stock valued at $34,820,361 in the last three months. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation Price Performance

Shares of ROK stock opened at $379.15 on Friday. The company has a market cap of $42.63 billion, a P/E ratio of 44.50, a PEG ratio of 3.30 and a beta of 1.45. The stock’s 50-day moving average is $353.61 and its 200 day moving average is $335.45. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $398.20. 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 (NYSE:ROK) last posted its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The business’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. 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 declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is presently 72.06%.

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.