Teacher Retirement System of Texas Buys 49,510 Shares of Rockwell Automation, Inc. $ROK

Teacher Retirement System of Texas boosted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 134.2% in the third quarter, HoldingsChannel reports. The firm owned 86,399 shares of the industrial products company’s stock after buying an additional 49,510 shares during the period. Teacher Retirement System of Texas’ holdings in Rockwell Automation were worth $30,199,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC bought a new position in shares of Rockwell Automation during the 4th quarter worth about $281,000. AQR Capital Management LLC raised its stake in Rockwell Automation by 75.9% during the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after buying an additional 3,513 shares during the period. Empowered Funds LLC boosted its holdings in Rockwell Automation by 142.7% in the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock worth $1,887,000 after acquiring an additional 4,295 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Rockwell Automation by 233.6% in the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company’s stock worth $484,000 after acquiring an additional 1,315 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Rockwell Automation by 2.6% in the second quarter. Farther Finance Advisors LLC now owns 2,351 shares of the industrial products company’s stock valued at $781,000 after acquiring an additional 60 shares during the period. 75.75% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ROK. Jefferies Financial Group upped their target price on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Evercore ISI assumed coverage on shares of Rockwell Automation in a research note on Monday, December 15th. They issued an “in-line” rating and a $440.00 price objective on the stock. Citigroup lifted their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a report on Monday, December 8th. Finally, Zacks Research lowered shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $406.69.

Rockwell Automation Stock Performance

NYSE ROK opened at $417.75 on Friday. The company has a fifty day moving average price of $399.62 and a 200-day moving average price of $367.51. The firm has a market cap of $46.90 billion, a price-to-earnings ratio of 54.54, a PEG ratio of 2.98 and a beta of 1.52. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $429.58.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the firm earned $2.47 earnings per share. The firm’s revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Insider Buying and Selling

In related news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $403.45, for a total transaction of $956,176.50. Following the completion of the sale, the senior vice president directly owned 1,964 shares of the company’s stock, valued at approximately $792,375.80. This trade represents a 54.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Rebecca W. House sold 1,698 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total value of $682,697.88. Following the sale, the senior vice president owned 12,200 shares in the company, valued at $4,905,132. This trade represents a 12.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,053 shares of company stock valued at $34,718,919 over the last quarter. 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.