Mairs & Power Inc. Sells 2,145 Shares of Rockwell Automation, Inc. $ROK

Mairs & Power Inc. decreased its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 0.5% during the third quarter, HoldingsChannel reports. The firm owned 410,777 shares of the industrial products company’s stock after selling 2,145 shares during the period. Rockwell Automation comprises 1.3% of Mairs & Power Inc.’s portfolio, making the stock its 26th largest holding. Mairs & Power Inc.’s holdings in Rockwell Automation were worth $143,579,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the last quarter. Rexford Capital Inc. purchased a new stake in Rockwell Automation in the second quarter valued at about $33,000. Ameriflex Group Inc. raised its stake in Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after buying an additional 50 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 38 shares in the last quarter. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of Rockwell Automation during the second quarter worth about $40,000. 75.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, SVP Matthew W. Fordenwalt sold 1,200 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.21, for a total transaction of $485,052.00. Following the completion of the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at $1,793,479.77. The trade was a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. This trade represents a 32.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,228 shares of company stock worth $19,992,391 in the last 90 days. 0.76% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ROK shares. TD Cowen upped their price objective on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a report on Friday, February 20th. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Wells Fargo & Company upped their price target on shares of Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. Finally, Mizuho raised their target price on Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and an average price target of $418.33.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $363.98 on Tuesday. The stock has a market cap of $40.90 billion, a PE ratio of 41.65, a price-to-earnings-growth ratio of 2.58 and a beta of 1.53. The business has a 50-day simple moving average of $403.14 and a 200-day simple moving average of $380.95. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $438.72.

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 analysts’ consensus estimates of $2.46 by $0.29. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, equities analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Announces Dividend

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