Union Bancaire Privee UBP SA purchased a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK – Free Report) during the first quarter, Holdings Channel reports. The fund purchased 1,248 shares of the industrial products company’s stock, valued at approximately $448,000.
Other hedge funds have also recently made changes to their positions in the company. Richards Merrill & Peterson Inc. boosted its position in shares of Rockwell Automation by 1.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock valued at $487,000 after purchasing an additional 25 shares in the last quarter. Cidel Asset Management Inc. increased its holdings in Rockwell Automation by 4.6% in the first quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock worth $206,000 after purchasing an additional 25 shares in the last quarter. HBK Sorce Advisory LLC increased its holdings in Rockwell Automation by 0.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock worth $1,544,000 after purchasing an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. lifted its stake in Rockwell Automation by 1.9% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock valued at $549,000 after buying an additional 27 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of Rockwell Automation by 2.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock worth $563,000 after buying an additional 28 shares in the last quarter. 75.75% of the stock is owned by institutional investors.
Rockwell Automation Price Performance
Shares of ROK opened at $476.19 on Monday. The business’s fifty day moving average is $445.15 and its 200 day moving average is $412.19. Rockwell Automation, Inc. has a 12-month low of $305.44 and a 12-month high of $486.47. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The stock has a market cap of $52.99 billion, a P/E ratio of 49.50, a P/E/G ratio of 3.05 and a beta of 1.57.
Rockwell Automation announced that its board has approved a share repurchase plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.
Rockwell Automation Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. Rockwell Automation’s payout ratio is presently 57.38%.
More Rockwell Automation News
Here are the key news stories impacting Rockwell Automation this week:
- Positive Sentiment: Rockwell Automation was highlighted on CNBC’s “Final Trades,” where Stephanie Link chose ROK, which can boost investor sentiment by signaling institutional-style confidence. Qualcomm, Merck, Rockwell Automation And A Real Estate Stock On CNBC’s ‘Final Trades’
- Positive Sentiment: New articles noted that ROK hit a fresh 52-week high and was described as a strong momentum stock, reinforcing the view that traders are chasing the stock’s upward trend. Rockwell Automation, Inc. (ROK) Hits Fresh High: Is There Still Room to Run?
- Positive Sentiment: Rockwell Automation’s Singapore site was named a World Economic Forum Global Lighthouse, and the company also announced FactoryTalk Orchestration deployments, both of which support the narrative around innovation and operational leadership. Rockwell Automation Singapore Site Named a World Economic Forum Global Lighthouse
- Neutral Sentiment: Several research notes from Zacks trimmed earnings estimates for FY2026 and multiple 2027–2028 quarters, but the reductions were modest and forecasts still remain near or above consensus, so the impact looks more like a mild headwind than a major downgrade. MarketBeat Rockwell Automation coverage
Insider Buying and Selling
In related news, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president owned 5,615 shares of the company’s stock, valued at approximately $2,392,102.30. This trade represents a 15.80% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the transaction, the senior vice president owned 4,437 shares of the company’s stock, valued at $2,043,282.87. This trade represents a 7.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,308 shares of company stock worth $5,339,812 over the last ninety days. Insiders own 0.76% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently commented on ROK. HSBC raised their price objective on shares of Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Rockwell Automation in a research note on Thursday, June 18th. Evercore lifted their price target on shares of Rockwell Automation from $440.00 to $480.00 in a research note on Wednesday, May 6th. Wells Fargo & Company upped their price objective on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Rothschild & Co Redburn increased their price objective on shares of Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $457.50.
Check Out Our Latest Analysis on ROK
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.
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