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

Natixis Advisors LLC cut its stake in Rockwell Automation, Inc. (NYSE:ROK) by 18.8% in the third quarter, Holdings Channel.com reports. The fund owned 127,489 shares of the industrial products company’s stock after selling 29,557 shares during the quarter. Natixis Advisors LLC’s holdings in Rockwell Automation were worth $44,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares in the last quarter. Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at about $33,000. Ameriflex Group Inc. grew its stake in Rockwell Automation by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after buying an additional 50 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in Rockwell Automation during the second quarter worth approximately $40,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Jefferies Financial Group boosted their price objective on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Bank of America lifted their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Wells Fargo & Company upped their price target on shares of Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. The Goldman Sachs Group upgraded shares of Rockwell Automation from a “sell” rating to a “neutral” rating and increased their price target for the stock from $329.00 to $448.00 in a research note on Tuesday, December 16th. Finally, Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Two 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $418.33.

Insider Buying and Selling

In other news, SVP Rebecca W. House sold 12,100 shares of Rockwell Automation stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total value of $4,891,667.00. Following the sale, the senior vice president owned 12,200 shares of the company’s stock, valued at $4,932,094. The trade was a 49.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Tessa M. Myers sold 1,985 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares in the company, valued at approximately $1,652,217.32. This trade represents a 32.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 61,481 shares of company stock worth $24,918,602. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Trading Up 1.5%

NYSE:ROK opened at $375.53 on Tuesday. The firm has a market cap of $42.19 billion, a P/E ratio of 42.97, a PEG ratio of 2.64 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The stock’s 50 day simple moving average is $406.04 and its 200-day simple moving average is $380.43. 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 results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm 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 company’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Equities analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

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

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.