Mitsubishi UFJ Trust & Banking Corp Increases Stock Holdings in Rockwell Automation, Inc. $ROK

Mitsubishi UFJ Trust & Banking Corp increased its position in Rockwell Automation, Inc. (NYSE:ROK) by 16.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 61,363 shares of the industrial products company’s stock after buying an additional 8,712 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Rockwell Automation were worth $23,875,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of 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 worth $5,527,249,000 after buying an additional 114,469 shares during the period. State Street Corp increased its position in shares of Rockwell Automation by 0.9% during the third quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock worth $1,675,446,000 after acquiring an additional 42,809 shares during the last quarter. Northern Trust Corp increased its position in shares of Rockwell Automation by 3.6% during the third quarter. Northern Trust Corp now owns 1,423,449 shares of the industrial products company’s stock worth $497,538,000 after acquiring an additional 49,477 shares during the last quarter. Invesco Ltd. increased its position in shares of Rockwell Automation by 12.0% during the third quarter. Invesco Ltd. now owns 1,235,788 shares of the industrial products company’s stock worth $431,945,000 after acquiring an additional 132,637 shares during the last quarter. Finally, Holocene Advisors LP increased its position in shares of Rockwell Automation by 14.1% during the third quarter. Holocene Advisors LP now owns 989,429 shares of the industrial products company’s stock worth $345,835,000 after acquiring an additional 122,437 shares during the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ROK has been the subject of a number of research reports. Barclays decreased their price target on Rockwell Automation from $450.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. TD Cowen upped their target price on Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Oppenheimer downgraded shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Finally, Rothschild & Co Redburn upped their price objective on shares of Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $406.67.

Rockwell Automation Stock Down 0.3%

NYSE ROK opened at $399.93 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. The firm has a 50-day simple moving average of $383.34 and a 200 day simple moving average of $389.09. Rockwell Automation, Inc. has a twelve month low of $240.13 and a twelve month high of $438.72. The stock has a market cap of $44.93 billion, a PE ratio of 45.76, a PEG ratio of 2.90 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share 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 analysts’ expectations of $2.08 billion. During the same quarter last year, the company earned $1.83 earnings per share. The firm’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, research analysts forecast that Rockwell Automation, Inc. will post 12.14 EPS for the current year.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.

Insiders Place Their Bets

In other Rockwell Automation news, SVP Christopher Nardecchia sold 14,465 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the completion of the transaction, the senior vice president owned 14,232 shares in the company, valued at $5,835,262.32. This trade represents a 50.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Tessa M. Myers sold 1,985 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. This represents a 32.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 51,375 shares of company stock valued at $20,828,717 in the last quarter. 0.76% of the stock is currently owned by 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.