Rockwell Automation, Inc. $ROK Shares Acquired by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 116.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 463,267 shares of the industrial products company’s stock after buying an additional 248,798 shares during the quarter. Rockwell Automation accounts for 7.9% of Fullerton Fund Management Co Ltd.’s holdings, making the stock its 4th largest holding. Fullerton Fund Management Co Ltd.’s holdings in Rockwell Automation were worth $180,243,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Royal Bank of Canada grew its stake in shares of Rockwell Automation by 43.6% in the fourth quarter. Royal Bank of Canada now owns 760,934 shares of the industrial products company’s stock valued at $296,056,000 after buying an additional 230,894 shares in the last quarter. Graham Capital Management L.P. grew its stake in shares of Rockwell Automation by 287.5% in the fourth quarter. Graham Capital Management L.P. now owns 7,185 shares of the industrial products company’s stock valued at $2,795,000 after buying an additional 5,331 shares in the last quarter. Elefante Mark B grew its stake in shares of Rockwell Automation by 2.7% in the fourth quarter. Elefante Mark B now owns 12,720 shares of the industrial products company’s stock valued at $4,949,000 after buying an additional 338 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Rockwell Automation in the fourth quarter valued at $251,000. Finally, Rakuten Investment Management Inc. grew its stake in shares of Rockwell Automation by 373.3% in the fourth quarter. Rakuten Investment Management Inc. now owns 14,777 shares of the industrial products company’s stock valued at $5,859,000 after buying an additional 11,655 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Rockwell Automation Stock Up 0.6%

Rockwell Automation stock opened at $466.40 on Wednesday. Rockwell Automation, Inc. has a fifty-two week low of $305.44 and a fifty-two week high of $474.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. The company has a market capitalization of $51.90 billion, a P/E ratio of 48.48, a PEG ratio of 2.96 and a beta of 1.57. The stock has a 50-day simple moving average of $432.56 and a 200-day simple moving average of $408.10.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the previous year, the business earned $2.45 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities research analysts expect that Rockwell Automation, Inc. will post 13.02 earnings per share for the current year.

Rockwell Automation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s payout ratio is presently 57.38%.

Rockwell Automation announced that its board has approved a stock buyback plan on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ROK shares. BNP Paribas Exane lifted their price objective on Rockwell Automation from $495.00 to $515.00 in a research note on Wednesday, May 6th. Rothschild & Co Redburn lifted their price objective on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. TD Cowen boosted their target price on Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley reissued an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their target price on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus price target of $454.05.

Insiders Place Their Bets

In other news, VP John M. Miller sold 1,054 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at approximately $2,392,102.30. The trade was a 15.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the sale, the senior vice president directly owned 4,437 shares of the company’s stock, valued at $2,043,282.87. The trade was a 7.83% 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. In the last three months, insiders sold 12,308 shares of company stock worth $5,339,812. Corporate 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.