Rubicon Advisors GP Invests $1.24 Million in Rockwell Automation, Inc. $ROK

Rubicon Advisors GP purchased a new position in Rockwell Automation, Inc. (NYSE:ROK) during the fourth quarter, Holdings Channel reports. The firm purchased 3,189 shares of the industrial products company’s stock, valued at approximately $1,241,000. Rockwell Automation accounts for 1.1% of Rubicon Advisors GP’s portfolio, making the stock its 21st largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. HBK Sorce Advisory LLC grew its stake in Rockwell Automation by 0.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock worth $1,544,000 after buying an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. increased its holdings in Rockwell Automation by 1.9% in the 4th quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock valued at $549,000 after buying an additional 27 shares during the period. Nations Financial Group Inc. IA ADV raised its position in shares of Rockwell Automation by 2.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock valued at $563,000 after buying an additional 28 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its position in shares of Rockwell Automation by 2.4% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,202 shares of the industrial products company’s stock valued at $468,000 after buying an additional 28 shares in the last quarter. Finally, Equitable Trust Co. lifted its holdings in shares of Rockwell Automation by 1.1% during the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after acquiring an additional 29 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

ROK has been the topic of a number of recent analyst reports. Rothschild & Co Redburn lifted their price objective on shares of Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. BNP Paribas Exane raised their target price on Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. Barclays boosted their price target on Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. HSBC raised their price objective on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Finally, Weiss Ratings raised Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. 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 stock. Based on data from MarketBeat.com, Rockwell Automation has a consensus rating of “Moderate Buy” and an average target price of $454.05.

Rockwell Automation Stock Performance

NYSE ROK opened at $474.16 on Friday. The firm’s fifty day moving average price is $438.17 and its two-hundred day moving average price is $409.59. The stock has a market cap of $52.76 billion, a PE ratio of 49.29, a PEG ratio of 3.03 and a beta of 1.57. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. Rockwell Automation, Inc. has a fifty-two week low of $305.44 and a fifty-two week high of $475.92.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the company earned $2.45 EPS. Rockwell Automation’s revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities analysts expect that Rockwell Automation, Inc. will post 13 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio (DPR) is currently 57.38%.

Rockwell Automation declared that its Board of Directors has initiated a stock buyback plan on Tuesday, June 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the industrial products company to purchase up to 2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Insider Transactions at Rockwell Automation

In other news, SVP Christopher Nardecchia sold 2,538 shares of Rockwell Automation stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the sale, the senior vice president directly owned 14,232 shares of the company’s stock, valued at approximately $6,353,591.76. This trade represents a 15.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the sale, the vice president owned 134 shares in the company, valued at approximately $60,563.98. This trade represents a 96.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 12,308 shares of company stock valued at $5,339,812. 0.76% of the stock is currently owned by corporate insiders.

Rockwell Automation 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.