Rockwell Automation, Inc. $ROK Shares Sold by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board lessened its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 346,430 shares of the industrial products company’s stock after selling 8,362 shares during the period. Rockwell Automation accounts for 2.6% of Ontario Teachers Pension Plan Board’s portfolio, making the stock its 10th largest holding. Ontario Teachers Pension Plan Board owned 0.31% of Rockwell Automation worth $121,088,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in Rockwell Automation in the 2nd quarter worth $368,575,000. Holocene Advisors LP boosted its holdings in Rockwell Automation by 128.9% during the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after acquiring an additional 488,262 shares during the period. JPMorgan Chase & Co. grew its position in shares of Rockwell Automation by 122.3% in the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after purchasing an additional 451,038 shares during the last quarter. Marshall Wace LLP grew its position in shares of Rockwell Automation by 294.5% in the second quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock valued at $142,664,000 after purchasing an additional 320,627 shares during the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of Rockwell Automation by 94.8% in the third quarter. Voya Investment Management LLC now owns 514,469 shares of the industrial products company’s stock worth $179,822,000 after purchasing an additional 250,319 shares during the period. Institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

ROK has been the topic of a number of research analyst reports. Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Mizuho raised their price objective on shares of Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Bank of America boosted their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Rothschild & Co Redburn increased their price target on shares of Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Finally, Morgan Stanley restated an “overweight” rating and issued a $460.00 price target on shares of Rockwell Automation in a research report on Sunday, February 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and a consensus price target of $417.22.

Rockwell Automation Stock Performance

NYSE ROK opened at $396.67 on Thursday. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $438.72. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The stock has a market cap of $44.57 billion, a P/E ratio of 45.39, a PEG ratio of 2.78 and a beta of 1.52. The company’s 50-day simple moving average is $407.30 and its 200 day simple moving average is $375.26.

Rockwell Automation (NYSE:ROK) last released 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. The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

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

Insider Activity at Rockwell Automation

In related news, CEO Blake D. Moret sold 5,564 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $2,236,839.28. Following the sale, the chief executive officer directly owned 94,585 shares in the company, valued at $38,025,061.70. This represents a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Rebecca W. House sold 1,698 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the transaction, the senior vice president directly owned 12,200 shares in the company, valued at approximately $4,905,132. This represents a 12.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 25,531 shares of company stock valued at $10,259,637. Insiders own 0.76% of the company’s stock.

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.