ProShare Advisors LLC increased its stake in Rockwell Automation, Inc. (NYSE:ROK – Free Report) by 8.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,912 shares of the industrial products company’s stock after buying an additional 1,624 shares during the quarter. ProShare Advisors LLC’s holdings in Rockwell Automation were worth $8,136,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the stock. Frisch Financial Group Inc. acquired a new stake in shares of Rockwell Automation in the fourth quarter valued at about $206,000. HighTower Advisors LLC grew its stake in shares of Rockwell Automation by 27.6% in the fourth quarter. HighTower Advisors LLC now owns 137,244 shares of the industrial products company’s stock valued at $53,398,000 after buying an additional 29,649 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Rockwell Automation by 109.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,408 shares of the industrial products company’s stock valued at $548,000 after purchasing an additional 736 shares in the last quarter. GLOBALT Investments LLC GA grew its stake in Rockwell Automation by 18.1% during the 4th quarter. GLOBALT Investments LLC GA now owns 1,612 shares of the industrial products company’s stock valued at $627,000 after purchasing an additional 247 shares in the last quarter. Finally, Sapient Capital LLC grew its stake in Rockwell Automation by 4.6% during the 4th quarter. Sapient Capital LLC now owns 755 shares of the industrial products company’s stock valued at $297,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on ROK shares. KeyCorp raised their price objective on Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group raised their price objective on Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Citigroup raised their price objective on Rockwell Automation from $466.00 to $500.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. HSBC raised their price objective on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Finally, Rothschild & Co Redburn raised their price objective on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $449.16.
Key Stories Impacting Rockwell Automation
Here are the key news stories impacting Rockwell Automation this week:
- Positive Sentiment: Zacks Research lifted Rockwell Automation’s earnings forecasts for several periods, including FY2026, FY2027, and FY2028, signaling higher expected profitability and supporting the stock’s bullish tone.
- Positive Sentiment: The company continues to be viewed favorably in market commentary as a long-term momentum and “high-quality compounder” name, reinforcing positive sentiment around the stock.
- Neutral Sentiment: Rockwell Automation presented at the Wolfe Research 19th Annual Global Transportation & Industrials Conference, which may have helped keep investor attention on the stock but did not include a clearly reported new catalyst. Rockwell Automation, Inc. (ROK) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript
- Neutral Sentiment: A new global study highlighted that 90% of manufacturers say digital transformation is now essential, a trend that supports Rockwell Automation’s long-term end-market narrative. Rockwell Automation, Inc.: 90% of Manufacturers Say Digital Transformation Is Now Essential, According to New Global Study
- Negative Sentiment: VP John M. Miller sold 1,054 shares in a pre-arranged 10b5-1 transaction, which can weigh on sentiment even though the sale was routine and disclosed in advance. John M. Miller insider trade
Insider Buying and Selling
In other news, VP Terry L. Riesterer sold 4,024 shares of Rockwell Automation stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the completion of the transaction, the vice president owned 134 shares in the company, valued at approximately $60,563.98. This trade represents a 96.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Tessa M. Myers sold 1,985 shares of Rockwell Automation stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the sale, the senior vice president owned 4,036 shares in the company, valued at approximately $1,652,217.32. This represents a 32.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 60,141 shares of company stock worth $24,745,509. 0.76% of the stock is currently owned by insiders.
Rockwell Automation Price Performance
Shares of ROK opened at $440.65 on Friday. The firm has a market cap of $49.03 billion, a price-to-earnings ratio of 45.81, a PEG ratio of 2.79 and a beta of 1.56. The stock has a 50 day moving average of $397.69 and a 200-day moving average of $398.09. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 52 week low of $298.70 and a 52 week high of $463.48.
Rockwell Automation (NYSE:ROK – Get Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.88 by $0.42. The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, analysts forecast that Rockwell Automation, Inc. will post 13.01 EPS for the current year.
Rockwell Automation Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be given a $1.38 dividend. The ex-dividend date is Monday, May 18th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is presently 57.38%.
About Rockwell Automation
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.
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