Rockwell Automation, Inc. $ROK Shares Sold by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. decreased its position in Rockwell Automation, Inc. (NYSE:ROK) by 4.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,280 shares of the industrial products company’s stock after selling 324 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in Rockwell Automation were worth $2,418,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of ROK. Vanguard Group Inc. grew its stake in shares of Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after purchasing an additional 207,448 shares during the last quarter. Geode Capital Management LLC grew 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 worth $950,744,000 after buying an additional 48,105 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 buying an additional 191,370 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Rockwell Automation by 0.6% during the 1st 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 acquiring an additional 9,920 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Rockwell Automation by 2.2% during the 1st quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock valued at $374,176,000 after acquiring an additional 30,837 shares during the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $391.56, for a total value of $24,159,252.00. Following the transaction, the chief executive officer owned 83,873 shares in the company, valued at $32,841,311.88. The trade was a 42.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Matheus De A. G. Viera Bulho sold 822 shares of Rockwell Automation stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $365.00, for a total value of $300,030.00. Following the sale, the senior vice president owned 983 shares of the company’s stock, valued at approximately $358,795. This represents a 45.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 92,075 shares of company stock valued at $34,820,361. 0.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Barclays lifted their target price on Rockwell Automation from $370.00 to $417.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Weiss Ratings downgraded Rockwell Automation from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, November 13th. KeyCorp upped their price objective 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 boosted their price target on shares of Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, Oppenheimer restated an “outperform” rating and issued a $391.00 price target on shares of Rockwell Automation in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $364.75.

Rockwell Automation Trading Up 1.7%

NYSE:ROK opened at $372.34 on Thursday. The stock has a market cap of $41.80 billion, a PE ratio of 43.70, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $398.20. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. The stock’s 50-day moving average is $355.99 and its two-hundred day moving average is $339.48.

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, beating analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share 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. Stockholders of record on Monday, November 17th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

About Rockwell Automation

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.