Notis McConarty Edward Invests $7.82 Million in Rockwell Automation, Inc. $ROK

Notis McConarty Edward bought a new stake in Rockwell Automation, Inc. (NYSE:ROK) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,796 shares of the industrial products company’s stock, valued at approximately $7,820,000. Rockwell Automation comprises 3.4% of Notis McConarty Edward’s holdings, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of ROK. Flputnam Investment Management Co. acquired a new position in Rockwell Automation during the second quarter worth $1,001,000. Mandatum Life Insurance Co Ltd raised its stake in shares of Rockwell Automation by 26.9% in the 1st quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock valued at $7,967,000 after acquiring an additional 4,700 shares during the period. Brighton Jones LLC acquired a new position in Rockwell Automation during the fourth quarter worth $281,000. Handelsbanken Fonder AB lifted its stake in Rockwell Automation by 24.6% during the 4th quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock worth $65,931,000 after acquiring an additional 33,413 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in Rockwell Automation by 197.9% during the 4th quarter. Crossmark Global Holdings Inc. now owns 13,905 shares of the industrial products company’s stock worth $5,410,000 after buying an additional 9,238 shares in the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on ROK. BNP Paribas Exane lifted their price objective on shares of Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Citigroup reduced their target price on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a report on Wednesday, August 5th. Rothschild & Co Redburn increased their target price on shares of Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Wells Fargo & Company raised their price target on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Evercore set a $485.00 price target on Rockwell Automation in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Rockwell Automation currently has an average rating of “Hold” and a consensus price target of $468.67.

Rockwell Automation News Roundup

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: Zacks raised most earnings forecasts. Zacks Research increased its FY2026 EPS estimate to $13.15 from $12.86, FY2027 to $14.22 from $13.90, and FY2028 to $16.69 from $16.23. Estimates were also raised for several individual quarters, including Q4 2026, Q2-Q3 2027 and Q1-Q3 2028. The revisions suggest improving confidence in Rockwell’s earnings trajectory and provide a potential tailwind for ROK. Zacks Research earnings estimates
• Positive Sentiment: Jim Cramer described Rockwell as an attractive long-term opportunity. Although he called the stock’s chart “ugly,” Cramer recommended it as a strong long-term situation. That endorsement may support sentiment among retail and momentum-focused investors, even though it does not represent a change in company fundamentals. Jim Cramer commentary on Rockwell Automation
• Neutral Sentiment: ROKLive Bangkok highlighted growth opportunities but offered no major financial update. Rockwell brought Thai manufacturing leaders together to discuss smart manufacturing, industrial automation and digital transformation. The event reinforces demand for Rockwell’s automation solutions, but the report did not include new bookings, revenue guidance or material contract announcements. ROKLive Bangkok 2026 article
• Negative Sentiment: Analyst caution and valuation remain headwinds. Zacks maintained a “Hold” rating, while the broader consensus is also “Hold.” One Zacks revision trimmed Q1 2027 EPS modestly to $2.97 from $2.99. With Rockwell trading at roughly 34 times earnings and below its 50-day moving average, investors may be reluctant to add aggressively without stronger near-term catalysts. Rockwell Automation consensus Hold rating

Insider Activity

In related news, SVP Matthew W. Fordenwalt sold 377 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at $2,043,282.87. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.76% of the stock is currently owned by company insiders.

Rockwell Automation Stock Performance

NYSE:ROK opened at $433.18 on Thursday. The firm’s fifty day moving average price is $462.93 and its 200 day moving average price is $426.85. Rockwell Automation, Inc. has a 1-year low of $332.71 and a 1-year high of $497.36. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. The firm has a market cap of $48.10 billion, a price-to-earnings ratio of 40.60, a price-to-earnings-growth ratio of 2.53 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.11. The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. Rockwell Automation’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, sell-side analysts expect that Rockwell Automation, Inc. will post 13.22 EPS for the current year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s payout ratio is 51.73%.

Rockwell Automation declared that its board has initiated a stock buyback program on Tuesday, June 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

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.