Daiwa Securities Group Inc. Purchases 1,208 Shares of Rockwell Automation, Inc. $ROK

Daiwa Securities Group Inc. raised its stake in Rockwell Automation, Inc. (NYSE:ROK) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,607 shares of the industrial products company’s stock after acquiring an additional 1,208 shares during the period. Daiwa Securities Group Inc.’s holdings in Rockwell Automation were worth $18,134,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Rockwell Automation by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock valued at $5,527,249,000 after acquiring an additional 114,469 shares in the last quarter. State Street Corp raised its holdings in Rockwell Automation by 0.9% in the 3rd quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after acquiring an additional 42,809 shares in the last quarter. Geode Capital Management LLC raised its holdings in Rockwell Automation by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after acquiring an additional 17,855 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Rockwell Automation by 1.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after acquiring an additional 24,719 shares in the last quarter. Finally, Norges Bank acquired a new position in Rockwell Automation in the 4th quarter valued at $615,596,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Rockwell Automation

In other news, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the transaction, the vice president owned 134 shares of the company’s stock, valued at approximately $60,563.98. The trade was a 96.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Christopher Nardecchia sold 2,538 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total value of $1,133,039.34. Following the completion of the transaction, the senior vice president owned 14,232 shares of the company’s stock, valued at $6,353,591.76. This represents a 15.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,308 shares of company stock worth $5,339,812 in the last three months. Insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $446.48 on Friday. 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 52 week low of $305.44 and a 52 week high of $468.11. The stock has a market capitalization of $49.68 billion, a P/E ratio of 46.41, a price-to-earnings-growth ratio of 2.96 and a beta of 1.57. The stock has a fifty day moving average of $418.83 and a 200-day moving average of $404.04.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping 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 quarter in the previous year, the firm earned $2.45 EPS. Rockwell Automation’s 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. On average, sell-side analysts expect that Rockwell Automation, Inc. will post 13.01 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s payout ratio is 57.38%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ROK shares. The Goldman Sachs Group lifted their price objective on Rockwell Automation from $448.00 to $487.00 in a report on Wednesday, May 6th. Barclays lifted their price objective on Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $525.00 price objective on shares of Rockwell Automation in a report on Wednesday, May 6th. Robert W. Baird dropped their price objective on Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Finally, Evercore lifted their price objective on Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $449.16.

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.