Regents Gate Capital LLP Invests $2.62 Million in Rockwell Automation, Inc. $ROK

Regents Gate Capital LLP acquired a new position in shares of Rockwell Automation, Inc. (NYSE:ROKFree Report) in the 1st quarter, Holdings Channel.com reports. The fund acquired 7,314 shares of the industrial products company’s stock, valued at approximately $2,625,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Rockwell Automation by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock valued at $5,527,249,000 after buying an additional 114,469 shares during the last quarter. State Street Corp raised its holdings in shares of Rockwell Automation by 4.2% in the fourth quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock worth $1,943,844,000 after acquiring an additional 202,705 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Rockwell Automation by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after acquiring an additional 17,855 shares in the last quarter. Morgan Stanley lifted its position in shares of Rockwell Automation by 10.4% in the fourth quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after acquiring an additional 276,021 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Rockwell Automation by 1.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after acquiring an additional 24,719 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Price Performance

ROK opened at $461.50 on Friday. The company’s 50 day simple moving average is $461.27 and its 200 day simple moving average is $419.67. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $497.36. The stock has a market capitalization of $51.35 billion, a PE ratio of 47.97, a P/E/G ratio of 2.94 and a beta of 1.54.

Rockwell Automation (NYSE:ROKGet Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. Rockwell Automation’s revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, sell-side analysts expect that Rockwell Automation, Inc. will post 13.06 EPS for the current year.

Rockwell Automation announced that its Board of Directors has initiated a share buyback program on Tuesday, June 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the industrial products company to buy up to 2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid 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 currently 57.38%.

Insider Buying and Selling at Rockwell Automation

In related news, VP John M. Miller sold 1,054 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president directly 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 filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the stock in a transaction 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 directly owned 134 shares in the company, valued at $60,563.98. This trade represents a 96.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 9,361 shares of company stock worth $4,189,886. 0.76% of the stock is currently owned by company insiders.

Analyst Ratings Changes

ROK has been the subject of a number of recent research reports. HSBC boosted their target price on shares of Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. The Goldman Sachs Group raised their price target on shares of Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Robert W. Baird lifted their price target on shares of Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. BNP Paribas Exane boosted their price objective on shares of Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Finally, Mizuho set a $445.00 price objective on shares of Rockwell Automation 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 eleven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $469.33.

View Our Latest Stock Analysis on ROK

Rockwell Automation Profile

(Free Report)

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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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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