Rockwell Automation, Inc. $ROK Position Reduced by Fox Run Management L.L.C.

Fox Run Management L.L.C. decreased its position in Rockwell Automation, Inc. (NYSE:ROK) by 40.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,318 shares of the industrial products company’s stock after selling 904 shares during the period. Fox Run Management L.L.C.’s holdings in Rockwell Automation were worth $438,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Howe & Rusling Inc. grew its stake in Rockwell Automation by 4.9% during the 1st quarter. Howe & Rusling Inc. now owns 794 shares of the industrial products company’s stock valued at $205,000 after acquiring an additional 37 shares in the last quarter. IFP Advisors Inc boosted its stake in Rockwell Automation by 2.7% during the 2nd quarter. IFP Advisors Inc now owns 1,427 shares of the industrial products company’s stock valued at $476,000 after purchasing an additional 37 shares during the period. Bank of Jackson Hole Trust boosted its position in shares of Rockwell Automation by 34.2% in the second quarter. Bank of Jackson Hole Trust now owns 161 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 41 shares during the period. Wealthfront Advisers LLC grew its position in Rockwell Automation by 0.6% in the 1st quarter. Wealthfront Advisers LLC now owns 7,708 shares of the industrial products company’s stock worth $1,992,000 after purchasing an additional 43 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Rockwell Automation by 7.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 631 shares of the industrial products company’s stock worth $163,000 after purchasing an additional 46 shares during the period. Institutional investors own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ROK. Morgan Stanley increased their price objective on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research note on Monday. Wells Fargo & Company lifted their target price 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. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Rockwell Automation in a report on Wednesday, October 8th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $360.78.

Insider Activity

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 822 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $365.00, for a total value of $300,030.00. Following the transaction, the senior vice president owned 983 shares in the company, valued at approximately $358,795. This represents a 45.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Cyril Perducat sold 1,435 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $348.08, for a total value of $499,494.80. Following the sale, the senior vice president directly owned 3,787 shares of the company’s stock, valued at $1,318,178.96. This represents a 27.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 92,075 shares of company stock valued at $34,820,361. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation Price Performance

Shares of NYSE ROK opened at $392.10 on Wednesday. The business has a fifty day moving average price of $351.76 and a two-hundred day moving average price of $334.73. The stock has a market capitalization of $44.09 billion, a PE ratio of 46.02, a P/E/G ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $396.89.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The business had revenue of $2.32 billion during 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 firm’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. As a group, equities analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be given a dividend of $1.38 per share. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s payout ratio is 72.06%.

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.