Rockwell Automation, Inc. $ROK Shares Sold by US Bancorp DE

US Bancorp DE decreased its position in Rockwell Automation, Inc. (NYSE:ROK) by 2.7% during the 4th quarter, Holdings Channel reports. The fund owned 72,649 shares of the industrial products company’s stock after selling 2,022 shares during the quarter. US Bancorp DE’s holdings in Rockwell Automation were worth $28,266,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Fagan Associates Inc. acquired a new stake in Rockwell Automation in the fourth quarter valued at approximately $218,000. Simplicity Wealth LLC raised its holdings in Rockwell Automation by 8.4% in the fourth quarter. Simplicity Wealth LLC now owns 1,125 shares of the industrial products company’s stock valued at $438,000 after acquiring an additional 87 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Rockwell Automation in the fourth quarter valued at approximately $145,000. Strategic Blueprint LLC raised its holdings in Rockwell Automation by 54.5% in the fourth quarter. Strategic Blueprint LLC now owns 1,647 shares of the industrial products company’s stock valued at $641,000 after acquiring an additional 581 shares in the last quarter. Finally, KTF Investments LLC acquired a new stake in Rockwell Automation in the fourth quarter valued at approximately $389,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Stock Down 0.1%

ROK stock opened at $408.35 on Friday. 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 twelve month low of $250.32 and a twelve month high of $438.72. The company’s 50 day moving average is $383.62 and its two-hundred day moving average is $389.23. The stock has a market cap of $45.88 billion, a P/E ratio of 46.72, a PEG ratio of 2.92 and a beta of 1.56.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter last year, the company earned $1.83 earnings per share. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Research analysts expect that Rockwell Automation, Inc. will post 12.14 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, May 18th. 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%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ROK. JPMorgan Chase & Co. raised their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Morgan Stanley reissued an “overweight” rating and set a $460.00 price objective on shares of Rockwell Automation in a report on Sunday, February 8th. TD Cowen raised their price objective on shares of Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Barclays cut their price objective on shares of Rockwell Automation from $450.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Finally, Oppenheimer cut shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. 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 has an average rating of “Moderate Buy” and an average price target of $406.67.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Christopher Nardecchia sold 14,465 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the transaction, the senior vice president directly owned 14,232 shares in the company, valued at approximately $5,835,262.32. This trade represents a 50.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Tessa M. Myers sold 1,985 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares in the company, valued at approximately $1,652,217.32. This trade represents a 32.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 51,375 shares of company stock valued at $20,828,717. 0.76% of the stock is owned by company insiders.

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.