Rockwell Automation, Inc. $ROK Shares Acquired by Gotham Asset Management LLC

Gotham Asset Management LLC boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 137.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 85,579 shares of the industrial products company’s stock after purchasing an additional 49,566 shares during the period. Gotham Asset Management LLC’s holdings in Rockwell Automation were worth $29,912,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Rockwell Automation by 7.1% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after buying an additional 29 shares during the last quarter. Equitable Trust Co. increased its stake in shares of Rockwell Automation by 1.1% in the third quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after buying an additional 29 shares during the last quarter. J. Safra Sarasin Holding AG boosted its stake in Rockwell Automation by 2.2% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 30 shares during the last quarter. Fragasso Financial Advisors Inc grew its holdings in Rockwell Automation by 3.6% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after acquiring an additional 31 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in Rockwell Automation by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock worth $355,000 after acquiring an additional 32 shares in the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rockwell Automation

In related news, SVP Rebecca W. House sold 12,100 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total value of $4,891,667.00. Following the sale, the senior vice president owned 12,200 shares of the company’s stock, valued at $4,932,094. This trade represents a 49.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Christopher Nardecchia sold 14,465 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the completion of the sale, the senior vice president owned 14,232 shares in the company, valued at $5,835,262.32. The trade was a 50.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 49,228 shares of company stock valued at $19,992,391. Corporate insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $363.98 on Tuesday. 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 business has a 50 day moving average of $403.14 and a two-hundred day moving average of $380.95. The company has a market cap of $40.90 billion, a P/E ratio of 41.65, a PEG ratio of 2.58 and a beta of 1.53. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $438.72.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (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 business had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the business posted $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. As a group, analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

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

Wall Street Analyst Weigh In

ROK has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Rothschild & Co Redburn boosted their price objective on Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Stephens increased their target price on Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Robert W. Baird set a $430.00 target price on Rockwell Automation in a research report on Friday, February 6th. Finally, Weiss Ratings lowered Rockwell Automation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, March 10th. Two investment 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $418.33.

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.