Rockwell Automation, Inc. $ROK Holdings Trimmed by Great Lakes Advisors LLC

Great Lakes Advisors LLC cut its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 0.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 281,678 shares of the industrial products company’s stock after selling 2,255 shares during the quarter. Great Lakes Advisors LLC owned about 0.25% of Rockwell Automation worth $98,456,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC bought a new stake in shares of Rockwell Automation in the 4th quarter worth approximately $281,000. AQR Capital Management LLC boosted its holdings in Rockwell Automation by 75.9% during the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after buying an additional 3,513 shares in the last quarter. Empowered Funds LLC grew its position in Rockwell Automation by 142.7% in the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after buying an additional 4,295 shares during the last quarter. Acadian Asset Management LLC increased its holdings in shares of Rockwell Automation by 233.6% in the first 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, GC Wealth Management RIA LLC bought a new position in shares of Rockwell Automation in the second quarter valued at $336,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Rockwell Automation Stock Down 1.2%

NYSE:ROK opened at $414.85 on Thursday. The business’s fifty day moving average price is $402.56 and its 200 day moving average price is $369.30. The firm has a market capitalization of $46.58 billion, a price-to-earnings ratio of 54.16, a PEG ratio of 2.94 and a beta of 1.52. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $429.58.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the company posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Insider Activity

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $391.56, for a total transaction of $24,159,252.00. Following the completion of the sale, the chief executive officer owned 83,873 shares of the company’s stock, valued at $32,841,311.88. This trade represents a 42.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Rebecca W. House sold 1,698 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total transaction of $682,697.88. Following the transaction, the senior vice president owned 12,200 shares in the company, valued at approximately $4,905,132. This represents a 12.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 87,231 shares of company stock valued at $34,418,889 in the last three months. 0.76% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Evercore ISI assumed coverage on Rockwell Automation in a research note on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective for the company. Bank of America upped their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Robert W. Baird lifted their price target on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Jefferies Financial Group boosted their price objective on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Oppenheimer lowered shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $410.12.

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.