Swiss National Bank Cuts Stock Position in Rockwell Automation, Inc. $ROK

Swiss National Bank trimmed its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 5.1% in the third quarter, Holdings Channel reports. The firm owned 324,900 shares of the industrial products company’s stock after selling 17,400 shares during the period. Swiss National Bank’s holdings in Rockwell Automation were worth $113,562,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in shares of Rockwell Automation by 86.8% in the third quarter. Russell Investments Group Ltd. now owns 72,560 shares of the industrial products company’s stock worth $25,297,000 after buying an additional 33,715 shares during the period. Schroder Investment Management Group raised its holdings in shares of Rockwell Automation by 167.2% during the 3rd quarter. Schroder Investment Management Group now owns 260,172 shares of the industrial products company’s stock valued at $89,637,000 after buying an additional 162,805 shares during the period. Private Advisor Group LLC lifted its position in Rockwell Automation by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,677 shares of the industrial products company’s stock worth $3,033,000 after acquiring an additional 116 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in Rockwell Automation by 91.5% during the 3rd quarter. Jefferies Financial Group Inc. now owns 9,657 shares of the industrial products company’s stock worth $3,375,000 after acquiring an additional 4,615 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG boosted its holdings in Rockwell Automation by 44.9% in the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 28,306 shares of the industrial products company’s stock worth $9,894,000 after acquiring an additional 8,773 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, VP Isaac Woods sold 1,271 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $405.69, for a total value of $515,631.99. Following the completion of the transaction, the vice president directly owned 1,687 shares in the company, valued at $684,399.03. The trade was a 42.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total value of $812,599.45. Following the transaction, the senior vice president directly owned 4,036 shares of the company’s stock, valued at $1,652,217.32. This trade represents a 32.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,228 shares of company stock valued at $19,992,391 over the last ninety days. Insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ROK shares. Jefferies Financial Group lifted their price objective on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Evercore began coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price objective for the company. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Robert W. Baird set a $430.00 price objective on Rockwell Automation in a research note on Friday, February 6th. Finally, Oppenheimer lowered Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $418.33.

Rockwell Automation Trading Down 0.4%

Shares of NYSE ROK opened at $373.91 on Wednesday. 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’s 50 day moving average price is $405.65 and its two-hundred day moving average price is $380.60. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $438.72. The stock has a market capitalization of $42.01 billion, a P/E ratio of 42.78, a PEG ratio of 2.68 and a beta of 1.53.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter last year, the firm earned $1.83 EPS. The business’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were paid a dividend of $1.38 per share. The ex-dividend date was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is 63.16%.

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.