Rockwell Automation, Inc. $ROK Shares Sold by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC decreased its stake in Rockwell Automation, Inc. (NYSE:ROK) by 24.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 170,687 shares of the industrial products company’s stock after selling 56,501 shares during the period. Rockwell Automation accounts for approximately 1.4% of Ceredex Value Advisors LLC’s holdings, making the stock its 10th largest position. Ceredex Value Advisors LLC owned approximately 0.15% of Rockwell Automation worth $59,660,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ROK. Norges Bank acquired a new position in Rockwell Automation during the second quarter valued at approximately $368,575,000. Holocene Advisors LP increased its position in shares of Rockwell Automation by 128.9% during the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock worth $287,989,000 after purchasing an additional 488,262 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Rockwell Automation by 122.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock worth $286,522,000 after purchasing an additional 451,038 shares in the last quarter. Ontario Teachers Pension Plan Board raised its stake in shares of Rockwell Automation by 7,730.3% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after purchasing an additional 350,261 shares in the last quarter. Finally, Marshall Wace LLP boosted its holdings in shares of Rockwell Automation by 294.5% in the 2nd quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock valued at $142,664,000 after buying an additional 320,627 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Trading Up 1.5%

Shares of Rockwell Automation stock opened at $375.53 on Tuesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. The business has a fifty day simple moving average of $406.04 and a two-hundred day simple moving average of $380.43. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $438.72. The company has a market capitalization of $42.19 billion, a price-to-earnings ratio of 42.97, a P/E/G ratio of 2.64 and a beta of 1.53.

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

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Monday, February 23rd will be paid a $1.38 dividend. The ex-dividend date is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is 63.16%.

Insider Transactions at Rockwell Automation

In other news, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total value of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. This represents a 32.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Blake D. Moret sold 5,564 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total value of $2,236,839.28. Following the transaction, the chief executive officer owned 94,585 shares in the company, valued at approximately $38,025,061.70. This trade represents a 5.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 61,481 shares of company stock worth $24,918,602. 0.76% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Mizuho raised their target price on shares of Rockwell Automation from $380.00 to $400.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Bank of America increased their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. The Goldman Sachs Group raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Morgan Stanley restated an “overweight” rating and set a $460.00 price objective on shares of Rockwell Automation in a research note on Sunday, February 8th. Finally, Barclays upped their target price on shares of Rockwell Automation from $435.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and an average target price of $418.33.

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.