Quilter Plc Acquires 11,170 Shares of Rockwell Automation, Inc. $ROK

Quilter Plc lifted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 3.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 362,520 shares of the industrial products company’s stock after acquiring an additional 11,170 shares during the quarter. Rockwell Automation accounts for about 2.2% of Quilter Plc’s holdings, making the stock its 15th biggest holding. Quilter Plc owned approximately 0.32% of Rockwell Automation worth $120,418,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ROK. Vanguard Group Inc. increased its holdings in shares of Rockwell Automation by 1.5% in the second quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after buying an additional 207,448 shares during the period. Geode Capital Management LLC lifted its position in Rockwell Automation by 1.7% in the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock valued at $950,744,000 after purchasing an additional 48,105 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Rockwell Automation by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after purchasing an additional 191,370 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Rockwell Automation by 0.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,579,956 shares of the industrial products company’s stock valued at $408,229,000 after purchasing an additional 9,920 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Rockwell Automation by 2.2% in the first quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock worth $374,176,000 after purchasing an additional 30,837 shares during the last quarter. 75.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Oppenheimer reissued an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a research report on Friday, November 7th. Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Barclays boosted their price target on Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Citigroup reiterated a “buy” rating on shares of Rockwell Automation in a research report on Thursday, October 9th. Finally, KeyCorp upped their target price on Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $364.75.

Rockwell Automation Price Performance

Shares of ROK stock opened at $372.34 on Thursday. The business’s fifty day moving average is $355.99 and its 200 day moving average is $339.48. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The stock has a market cap of $41.80 billion, a price-to-earnings ratio of 43.70, a PEG ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $398.20.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be issued a dividend of $1.38 per share. The ex-dividend date is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Insider Transactions at Rockwell Automation

In other news, VP Isaac Woods sold 250 shares of the stock in a transaction on 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 represents a 13.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Matheus De A. G. Viera Bulho sold 822 shares of Rockwell Automation stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $365.00, for a total value of $300,030.00. Following the completion of the transaction, the senior vice president directly owned 983 shares of the company’s stock, valued at approximately $358,795. This represents a 45.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 92,075 shares of company stock worth $34,820,361. Company insiders own 0.68% of the company’s stock.

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.