Rockwell Automation, Inc. $ROK Stock Holdings Increased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp raised its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 27.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,674 shares of the industrial products company’s stock after buying an additional 2,504 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Rockwell Automation were worth $4,190,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ROK. Richards Merrill & Peterson Inc. raised 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 acquiring an additional 25 shares in the last quarter. Cidel Asset Management Inc. increased its stake in Rockwell Automation by 4.6% during the first quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock valued at $206,000 after purchasing an additional 25 shares during the last quarter. HBK Sorce Advisory LLC increased its stake in Rockwell Automation by 0.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock valued at $1,544,000 after purchasing an additional 27 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Rockwell Automation by 1.9% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock worth $549,000 after purchasing an additional 27 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its holdings in shares of Rockwell Automation by 2.0% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock worth $563,000 after purchasing an additional 28 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ROK shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $525.00 price target on shares of Rockwell Automation in a report on Wednesday, May 6th. Barclays increased their price objective on shares of Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Citigroup raised their target price on shares of Rockwell Automation from $500.00 to $555.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Finally, Robert W. Baird increased their price target on Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $469.33.

Rockwell Automation Stock Up 1.1%

Rockwell Automation stock opened at $467.12 on Tuesday. 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 one year low of $305.44 and a one year high of $497.36. The company has a 50-day simple moving average of $462.56 and a 200-day simple moving average of $422.55. The firm has a market capitalization of $51.98 billion, a P/E ratio of 48.56, a P/E/G ratio of 2.95 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.42. The firm had revenue of $2.24 billion for 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 quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm posted $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities analysts expect that Rockwell Automation, Inc. will post 13.06 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s payout ratio is 57.38%.

Rockwell Automation declared that its Board of Directors has approved a share repurchase plan on Tuesday, June 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Insider Activity at Rockwell Automation

In other news, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the transaction, the vice president directly owned 134 shares in the company, valued at approximately $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Scott Genereux sold 550 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $447.73, for a total value of $246,251.50. Following the completion of the transaction, the vice president directly owned 2,764 shares of the company’s stock, valued at $1,237,525.72. This trade represents a 16.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,361 shares of company stock valued at $4,189,886. Company insiders own 0.76% of the company’s stock.

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.