Strs Ohio Sells 20,195 Shares of Rockwell Automation, Inc. $ROK

Strs Ohio cut its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 21.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,511 shares of the industrial products company’s stock after selling 20,195 shares during the quarter. Strs Ohio’s holdings in Rockwell Automation were worth $29,379,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ROK. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation in the fourth quarter valued at about $281,000. AQR Capital Management LLC lifted its stake in shares of Rockwell Automation by 75.9% in the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock worth $2,059,000 after acquiring an additional 3,513 shares during the period. Empowered Funds LLC lifted its stake in shares of 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 during the period. 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 valued at $484,000 after acquiring an additional 1,315 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in Rockwell Automation during the 2nd quarter valued at approximately $868,000. Institutional investors own 75.75% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on ROK shares. Robert W. Baird lowered their price target on shares of Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Stephens upped their price objective on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. The Goldman Sachs Group decreased their price objective on shares of Rockwell Automation from $458.00 to $448.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Morgan Stanley reissued an “overweight” rating and set a $460.00 target price on shares of Rockwell Automation in a research note on Sunday, February 8th. Finally, Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. One research 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $406.67.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $408.35 on Friday. Rockwell Automation, Inc. has a twelve month low of $250.32 and a twelve month high of $438.72. The stock’s 50 day moving average is $383.62 and its 200-day moving average is $389.58. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $45.88 billion, a price-to-earnings ratio of 46.72, a PEG ratio of 2.91 and a beta of 1.56.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the firm posted $1.83 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 11.400-12.200 EPS. Sell-side analysts forecast that Rockwell Automation, Inc. will post 12.14 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is currently 63.16%.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Cyril Perducat sold 198 shares of Rockwell Automation stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $395.00, for a total transaction of $78,210.00. Following the completion of the transaction, the senior vice president owned 6,241 shares in the company, valued at approximately $2,465,195. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Tessa M. Myers sold 1,985 shares of the business’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 value of $812,599.45. Following the sale, the senior vice president directly owned 4,036 shares of the company’s stock, valued at $1,652,217.32. This represents a 32.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 51,375 shares of company stock valued at $20,828,717 over the last quarter. 0.76% of the stock is currently 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.