Moors & Cabot Inc. Purchases 1,367 Shares of Rockwell Automation, Inc. $ROK

Moors & Cabot Inc. boosted its position in Rockwell Automation, Inc. (NYSE:ROK) by 81.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,055 shares of the industrial products company’s stock after acquiring an additional 1,367 shares during the period. Moors & Cabot Inc.’s holdings in Rockwell Automation were worth $1,189,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ROK. Foundations Investment Advisors LLC bought a new stake in shares of Rockwell Automation during the fourth quarter valued at about $454,000. Huntington National Bank increased its position in shares of Rockwell Automation by 1.3% during the fourth quarter. Huntington National Bank now owns 249,858 shares of the industrial products company’s stock valued at $97,212,000 after buying an additional 3,328 shares during the period. Geode Capital Management LLC increased its position in shares of Rockwell Automation by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after buying an additional 17,855 shares during the period. Fidelis Capital Partners LLC bought a new stake in shares of Rockwell Automation during the fourth quarter valued at about $223,000. Finally, Employees Retirement System of Texas increased its position in shares of Rockwell Automation by 207.7% during the fourth quarter. Employees Retirement System of Texas now owns 1,197 shares of the industrial products company’s stock valued at $466,000 after buying an additional 808 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total transaction of $484,375.00. Following the transaction, the senior vice president directly owned 1,734 shares in the company, valued at $671,925. This trade represents a 41.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Christopher Nardecchia sold 2,538 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the transaction, the senior vice president owned 14,232 shares in the company, valued at $6,353,591.76. The trade was a 15.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,713 shares of company stock valued at $5,066,717 in the last 90 days. 0.76% of the stock is owned by company insiders.

Rockwell Automation Stock Down 0.7%

ROK stock opened at $451.65 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average is $408.81 and its 200 day moving average is $401.54. The stock has a market cap of $50.25 billion, a price-to-earnings ratio of 46.95, a price-to-earnings-growth ratio of 2.89 and a beta of 1.56. Rockwell Automation, Inc. has a 1-year low of $305.44 and a 1-year high of $463.48.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.42. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. Rockwell Automation’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Sell-side analysts predict that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio is 57.38%.

Wall Street Analysts Forecast Growth

ROK has been the topic of several analyst reports. Evercore upped their price target on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. Jefferies Financial Group reiterated a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. Wall Street Zen cut Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Robert W. Baird decreased their price target on Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Finally, HSBC upped their price target on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $449.16.

Rockwell Automation 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.