Rockwell Automation, Inc. $ROK Stake Raised by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D raised its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,472 shares of the industrial products company’s stock after acquiring an additional 1,575 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Rockwell Automation were worth $13,797,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares in the last quarter. Rexford Capital Inc. acquired a new position in Rockwell Automation in the second quarter worth approximately $33,000. SBI Securities Co. Ltd. increased its holdings in shares of Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in shares of Rockwell Automation in the second quarter valued at $40,000. Finally, Sachetta LLC lifted its position in shares of Rockwell Automation by 900.0% during the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 108 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 92 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $401.92, for a total value of $36,976.64. Following the transaction, the vice president owned 5,969 shares in the company, valued at $2,399,060.48. The trade was a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Rebecca W. House sold 1,698 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the transaction, the senior vice president directly owned 12,200 shares in the company, valued at approximately $4,905,132. The trade was a 12.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 25,531 shares of company stock worth $10,259,637. 0.76% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Citigroup lifted their target price on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Morgan Stanley reiterated an “overweight” rating and issued a $460.00 price target on shares of Rockwell Automation in a research report on Sunday, February 8th. JPMorgan Chase & Co. boosted their price objective on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Finally, TD Cowen lifted their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $417.22.

Rockwell Automation Trading Up 3.2%

Shares of NYSE ROK opened at $394.18 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $438.72. The business has a 50-day moving average price of $407.82 and a two-hundred day moving average price of $374.80. The firm has a market capitalization of $44.29 billion, a PE ratio of 45.10, a PEG ratio of 2.82 and a beta of 1.52.

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

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is 63.16%.

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.