IFM Investors Pty Ltd Has $7.90 Million Stock Position in Rockwell Automation, Inc. $ROK

IFM Investors Pty Ltd boosted its position in Rockwell Automation, Inc. (NYSE:ROK) by 6.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 23,005 shares of the industrial products company’s stock after acquiring an additional 1,350 shares during the quarter. IFM Investors Pty Ltd’s holdings in Rockwell Automation were worth $7,904,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fragasso Financial Advisors Inc increased its stake in shares of Rockwell Automation by 3.6% in the third quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 31 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in Rockwell Automation by 3.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after buying an additional 32 shares during the last quarter. Advisors Capital Management LLC increased its position in Rockwell Automation by 1.7% in the 2nd quarter. Advisors Capital Management LLC now owns 2,066 shares of the industrial products company’s stock worth $686,000 after buying an additional 34 shares during the period. Aviso Financial Inc. lifted its holdings in shares of Rockwell Automation by 4.4% during the second quarter. Aviso Financial Inc. now owns 859 shares of the industrial products company’s stock worth $285,000 after buying an additional 36 shares during the last quarter. Finally, Howe & Rusling Inc. boosted its position in shares of Rockwell Automation by 4.9% in the first quarter. Howe & Rusling Inc. now owns 794 shares of the industrial products company’s stock valued at $205,000 after acquiring an additional 37 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ROK shares. TD Cowen boosted their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Citigroup upped their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. Oppenheimer reaffirmed an “outperform” rating and issued a $391.00 price target on shares of Rockwell Automation in a report on Friday, November 7th. Finally, Jefferies Financial Group lifted their price objective on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $403.31.

Rockwell Automation Price Performance

NYSE:ROK opened at $398.12 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The firm has a market cap of $44.70 billion, a PE ratio of 51.97, a price-to-earnings-growth ratio of 2.67 and a beta of 1.50. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $415.89. The company’s 50-day moving average price is $382.34 and its two-hundred day moving average price is $355.87.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. Rockwell Automation’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities analysts anticipate 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 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date was Monday, November 17th. Rockwell Automation’s dividend payout ratio is 72.06%.

Insiders Place Their Bets

In other Rockwell Automation news, SVP Rebecca W. House sold 1,698 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the transaction, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. The trade was a 12.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Tessa M. Myers sold 1,020 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.07, for a total transaction of $410,111.40. Following the sale, the senior vice president directly owned 6,021 shares in the company, valued at $2,420,863.47. This trade represents a 14.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 87,253 shares of company stock valued at $34,405,319 over the last three months. Company insiders own 0.68% of the company’s stock.

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.