Swiss National Bank Raises Stake in Rockwell Automation, Inc. $ROK

Swiss National Bank increased its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 7.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 342,300 shares of the industrial products company’s stock after buying an additional 23,900 shares during the quarter. Swiss National Bank’s holdings in Rockwell Automation were worth $113,702,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROK. Capital Investment Advisors LLC increased its position in Rockwell Automation by 5.7% in the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after buying an additional 119 shares during the last quarter. Patton Fund Management Inc. bought a new position in shares of Rockwell Automation during the 2nd quarter worth $294,000. Brighton Jones LLC bought a new position in shares of Rockwell Automation during the 4th quarter worth $281,000. Integrity Alliance LLC. purchased a new stake in Rockwell Automation in the 1st quarter worth about $293,000. Finally, Focus Partners Wealth raised its stake in Rockwell Automation by 20.4% in the 1st quarter. Focus Partners Wealth now owns 13,348 shares of the industrial products company’s stock valued at $3,449,000 after acquiring an additional 2,264 shares during the period. 75.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ROK. Oppenheimer reiterated an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a research report on Friday, November 7th. KeyCorp upped their price target on shares of Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Wells Fargo & Company raised their price objective on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. Morgan Stanley increased their target price on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Finally, Citigroup reissued a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.44.

Rockwell Automation Price Performance

NYSE:ROK opened at $378.77 on Friday. The firm has a market capitalization of $42.53 billion, a price-to-earnings ratio of 44.46, a P/E/G ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $398.20. The stock has a fifty day moving average of $357.03 and a 200 day moving average of $341.16. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06.

Rockwell Automation (NYSE:ROK) last announced its earnings results 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 business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS 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 paid a $1.38 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Insider Activity

In other Rockwell Automation news, Director James P. Keane sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total transaction of $1,068,180.00. Following the sale, the director owned 9,192 shares in the company, valued at $3,272,903.52. This trade represents a 24.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Isaac Woods sold 250 shares of Rockwell Automation stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $350.00, for a total value of $87,500.00. Following the sale, the vice president directly owned 1,662 shares of the company’s stock, valued at approximately $581,700. This trade represents a 13.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 92,075 shares of company stock worth $34,820,361. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation 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.