Rockwell Automation, Inc. $ROK Stock: Rakuten Investment Management Inc. Raises Holdings

Rakuten Investment Management Inc. increased its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 9.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 19,947 shares of the industrial products company’s stock after purchasing an additional 1,684 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Rockwell Automation were worth $8,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Flputnam Investment Management Co. acquired a new position in Rockwell Automation during the 2nd quarter worth $1,001,000. Mandatum Life Insurance Co Ltd increased its holdings in shares of Rockwell Automation by 26.9% during the first quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock valued at $7,967,000 after purchasing an additional 4,700 shares during the period. Lombard Odier Asset Management Europe Ltd increased its holdings in shares of Rockwell Automation by 54.2% during the first quarter. Lombard Odier Asset Management Europe Ltd now owns 36,211 shares of the industrial products company’s stock valued at $12,995,000 after purchasing an additional 12,727 shares during the period. Contravisory Investment Management Inc. increased its holdings in shares of Rockwell Automation by 9,354.2% during the second quarter. Contravisory Investment Management Inc. now owns 18,152 shares of the industrial products company’s stock valued at $8,987,000 after purchasing an additional 17,960 shares during the period. Finally, Fifth Third Bancorp raised its stake in shares of Rockwell Automation by 642.7% during the first quarter. Fifth Third Bancorp now owns 35,154 shares of the industrial products company’s stock valued at $12,616,000 after purchasing an additional 30,421 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, Director Patricia A. Watson sold 1,100 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the sale, the director directly owned 6,385 shares of the company’s stock, valued at approximately $2,754,680.55. This represents a 14.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 467 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $426.96, for a total transaction of $199,390.32. Following the transaction, the senior vice president owned 1,267 shares of the company’s stock, valued at approximately $540,958.32. This trade represents a 26.93% 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. Insiders sold 2,711 shares of company stock valued at $1,164,880 in the last three months. 0.76% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ROK has been the subject of several research analyst reports. Wells Fargo & Company started coverage on shares of Rockwell Automation in a report on Thursday, September 24th. They issued an “equal weight” rating and a $426.00 price objective for the company. Deutsche Bank Aktiengesellschaft raised their target price on shares of Rockwell Automation from $469.00 to $500.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. Morgan Stanley set a $520.00 price target on shares of Rockwell Automation in a research report on Friday, October 16th. Robert W. Baird set a $514.00 price target on shares of Rockwell Automation in a research report on Wednesday, August 5th. Finally, Mizuho reduced their price target on shares of Rockwell Automation from $445.00 to $430.00 and set a “neutral” rating for the company in a research note on Thursday, October 15th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $468.00.

Key Rockwell Automation News

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: Adjusted Q4 EPS of $3.88 beat the consensus estimate of $3.69 and rose from $3.34 a year earlier. Margin gains and solid performance in some segments supported profit growth. Rockwell Automation Q4 Earnings Beat Estimates on Margin Gains
• Neutral Sentiment: For FY2027, Rockwell forecast EPS of $14.50–$15.50 versus a $14.92 consensus, and revenue of $9.4–$9.7 billion versus $9.6 billion expected. The ranges largely bracket estimates, though the revenue midpoint is slightly below consensus. Rockwell Automation Issues Fiscal 2027 Outlook
• Negative Sentiment: Q4 revenue of $2.33 billion missed the $2.41 billion analyst estimate and increased only 0.7% year over year. The sales shortfall, despite the EPS beat, likely weighed on shares and raised questions about the pace of demand growth. Rockwell Automation Issues Fiscal 2027 Outlook

Rockwell Automation Stock Down 14.5%

Shares of ROK stock opened at $379.54 on Friday. Rockwell Automation, Inc. has a 1 year low of $347.53 and a 1 year high of $497.36. The stock has a market cap of $42.15 billion, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.10 and a beta of 1.51. The business’s fifty day moving average is $430.52 and its 200-day moving average is $427.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Thursday, November 5th. The industrial products company reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.69 by $0.19. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.41 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.34 EPS. Rockwell Automation has set its FY 2027 guidance at 14.500-15.500 EPS. Equities analysts expect that Rockwell Automation, Inc. will post 13.26 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be issued a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, November 16th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.38. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is presently 54.36%.

About Rockwell Automation

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.