Fieldview Capital Management LLC Invests $459,000 in Rockwell Automation, Inc. $ROK

Fieldview Capital Management LLC bought a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,179 shares of the industrial products company’s stock, valued at approximately $459,000.

A number of other institutional investors have also made changes to their positions in ROK. HBK Sorce Advisory LLC raised its holdings in Rockwell Automation by 0.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock valued at $1,544,000 after acquiring an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. raised its holdings in Rockwell Automation by 1.9% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock valued at $549,000 after acquiring an additional 27 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in Rockwell Automation by 2.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock valued at $563,000 after acquiring an additional 28 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in Rockwell Automation by 2.4% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 1,202 shares of the industrial products company’s stock valued at $468,000 after acquiring an additional 28 shares in the last quarter. Finally, Equitable Trust Co. raised its holdings in Rockwell Automation by 1.1% in the third quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock valued at $908,000 after acquiring an additional 29 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP John M. Miller sold 1,054 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president owned 5,615 shares in the company, valued at approximately $2,392,102.30. This represents a 15.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the stock in a transaction that occurred on 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 completion of the transaction, the vice president owned 134 shares in the company, valued at $60,563.98. This represents a 96.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,308 shares of company stock valued at $5,339,812 over the last ninety days. Insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK opened at $463.84 on Tuesday. The firm has a 50-day moving average price of $430.53 and a 200 day moving average price of $407.59. The firm has a market capitalization of $51.61 billion, a PE ratio of 48.22, a P/E/G ratio of 2.94 and a beta of 1.57. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 52-week low of $305.44 and a 52-week high of $473.91.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate 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% 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 anticipate that Rockwell Automation, Inc. will post 13.01 earnings per share for the current fiscal year.

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

Rockwell Automation Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ROK. Barclays upped their price target on shares of Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Rothschild & Co Redburn upped their price target on shares of Rockwell Automation from $365.00 to $378.00 in a report on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $525.00 price target on shares of Rockwell Automation in a report on Wednesday, May 6th. KeyCorp upped their price target on shares of Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Mizuho set a $445.00 price target on shares of Rockwell Automation in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus target price of $454.05.

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.