Isthmus Partners LLC Has $14.10 Million Stake in Rockwell Automation, Inc. $ROK

Isthmus Partners LLC reduced its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 3.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,300 shares of the industrial products company’s stock after selling 1,274 shares during the quarter. Rockwell Automation makes up about 1.5% of Isthmus Partners LLC’s portfolio, making the stock its 22nd biggest holding. Isthmus Partners LLC’s holdings in Rockwell Automation were worth $14,104,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. MV Capital Management Inc. acquired a new stake in Rockwell Automation during the 4th quarter valued at $28,000. Manchester Capital Management LLC boosted its position in Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 39 shares during the period. First Horizon Corp acquired a new position in shares of Rockwell Automation in the fourth quarter valued at $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Rockwell Automation in the fourth quarter valued at $33,000. Finally, TD Capital Management LLC bought a new position in shares of Rockwell Automation in the fourth quarter valued at about $33,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ROK has been the subject of a number of research reports. Barclays raised their target price 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. Evercore increased their target price on Rockwell Automation from $440.00 to $480.00 in a research note on Wednesday, May 6th. Sanford C. Bernstein assumed coverage on Rockwell Automation in a report on Tuesday, June 9th. They set a “market perform” rating and a $501.00 price target for the company. Rothschild & Co Redburn boosted their price target on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Finally, Argus upped their price objective on Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. One investment analyst has 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $466.71.

Rockwell Automation Trading Down 1.0%

Shares of ROK stock opened at $464.26 on Thursday. The stock has a market cap of $51.66 billion, a P/E ratio of 48.26, a price-to-earnings-growth ratio of 2.99 and a beta of 1.54. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $497.36. 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 stock has a 50 day simple moving average of $456.21 and a 200 day simple moving average of $416.47.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, research analysts predict that Rockwell Automation, Inc. will post 13.06 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a $1.38 dividend. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio (DPR) is presently 57.38%.

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

Insider Buying and Selling

In other Rockwell Automation news, VP Scott Genereux sold 550 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total transaction of $246,251.50. Following the sale, the vice president directly owned 2,764 shares in the company, valued at $1,237,525.72. This represents a 16.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the transaction, the vice president directly owned 5,615 shares in the company, valued at approximately $2,392,102.30. This represents a 15.80% 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 have sold 10,759 shares of company stock valued at $4,748,096 in the last ninety days. 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.