Nykredit A S Acquires Shares of 55,763 Rockwell Automation, Inc. $ROK

Nykredit A S bought a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 55,763 shares of the industrial products company’s stock, valued at approximately $27,607,000. Nykredit A S owned 0.05% of Rockwell Automation as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. B. Metzler seel. Sohn & Co. AG boosted its position in Rockwell Automation by 1.8% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 27,617 shares of the industrial products company’s stock valued at $13,672,000 after purchasing an additional 500 shares during the last quarter. Natural Investments LLC raised its position in shares of Rockwell Automation by 33.9% in the second quarter. Natural Investments LLC now owns 3,336 shares of the industrial products company’s stock valued at $1,651,000 after purchasing an additional 844 shares during the period. Beacon Financial Advisory LLC acquired a new position in Rockwell Automation during the 2nd quarter worth $260,000. Symphony Financial Ltd. Co. lifted its position in shares of Rockwell Automation by 19.1% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,546 shares of the industrial products company’s stock worth $746,000 after purchasing an additional 248 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Rockwell Automation in the second quarter valued at approximately $447,000. 75.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Rockwell Automation news, Director Patricia A. Watson sold 1,100 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $431.43, for a total transaction of $474,573.00. Following the transaction, the director owned 6,385 shares of the company’s stock, valued at $2,754,680.55. The trade was a 14.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Matheus De A. G. Viera Bulho sold 400 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $420.14, for a total value of $168,056.00. Following the sale, the senior vice president owned 867 shares in the company, valued at approximately $364,261.38. This represents a 31.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 2,557 shares of company stock worth $1,098,256. Corporate insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ROK. Morgan Stanley lifted their target price on Rockwell Automation from $525.00 to $545.00 and gave the stock an “overweight” rating in a research report on Wednesday. Citigroup cut their price target on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a report on Wednesday, August 5th. TD Cowen increased their price target on shares of Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. DA Davidson dropped their price objective on Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a report on Friday, August 21st. Finally, Zacks Research cut shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Nine investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $469.14.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $428.58 on Friday. Rockwell Automation, Inc. has a 12 month low of $332.71 and a 12 month high of $497.36. The company’s fifty day simple moving average is $454.75 and its 200-day simple moving average is $428.14. The firm has a market cap of $47.59 billion, a PE ratio of 40.17, a P/E/G ratio of 2.48 and a beta of 1.52. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.74.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the business earned $2.82 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities research analysts expect that Rockwell Automation, Inc. will post 13.22 EPS for the current fiscal year.

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

Rockwell Automation Announces Dividend

The business also recently announced 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 of this dividend is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s payout ratio is currently 51.73%.

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.