Rockwell Automation, Inc. $ROK Shares Sold by Hemenway Trust Co LLC

Hemenway Trust Co LLC lowered its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 7.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,331 shares of the industrial products company’s stock after selling 7,397 shares during the quarter. Rockwell Automation accounts for 2.5% of Hemenway Trust Co LLC’s holdings, making the stock its 17th biggest position. Hemenway Trust Co LLC’s holdings in Rockwell Automation were worth $32,272,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROK. Annis Gardner Whiting Capital Advisors LLC raised its position in Rockwell Automation by 7.1% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after acquiring an additional 29 shares in the last quarter. J. Safra Sarasin Holding AG grew its stake in shares of Rockwell Automation by 2.2% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 30 shares during the period. Fragasso Financial Advisors Inc increased its holdings in shares of Rockwell Automation by 3.6% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock valued at $315,000 after purchasing an additional 31 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Rockwell Automation by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after purchasing an additional 32 shares in the last quarter. Finally, Advisors Capital Management LLC lifted its stake in shares of Rockwell Automation by 1.7% in the 2nd quarter. Advisors Capital Management LLC now owns 2,066 shares of the industrial products company’s stock valued at $686,000 after purchasing an additional 34 shares during the period. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROK has been the subject of a number of analyst reports. Citigroup upped their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Rothschild & Co Redburn increased their price target on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Jefferies Financial Group raised their price objective on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, TD Cowen upped their target price on Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $417.22.

Insider Transactions at Rockwell Automation

In other news, VP Scott Genereux sold 1,387 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total value of $557,615.61. Following the completion of the sale, the vice president owned 4,514 shares of the company’s stock, valued at $1,814,763.42. This represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of Rockwell Automation stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $392.00, for a total transaction of $313,600.00. Following the sale, the vice president directly owned 1,234 shares in the company, valued at approximately $483,728. The trade was a 39.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,531 shares of company stock valued at $10,259,637 in the last three months. 0.76% of the stock is currently owned by corporate insiders.

Rockwell Automation Stock Performance

NYSE ROK opened at $396.67 on Thursday. 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 stock’s 50 day simple moving average is $407.30 and its 200-day simple moving average is $375.26. The company has a market cap of $44.57 billion, a PE ratio of 45.39, a price-to-earnings-growth ratio of 2.78 and a beta of 1.52. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $438.72.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same quarter last year, the firm posted $1.83 EPS. The firm’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. As a group, equities research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s payout ratio is presently 63.16%.

Rockwell Automation Company 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.