Rockwell Automation, Inc. $ROK Stock Bought by Fisher Asset Management LLC

Fisher Asset Management LLC boosted its position in Rockwell Automation, Inc. (NYSE:ROK) by 6.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,022,866 shares of the industrial products company’s stock after purchasing an additional 63,435 shares during the period. Fisher Asset Management LLC owned about 0.92% of Rockwell Automation worth $445,284,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Flputnam Investment Management Co. purchased a new stake in Rockwell Automation in the 2nd quarter worth about $1,001,000. Lombard Odier Asset Management Europe Ltd boosted its position in Rockwell Automation by 54.2% during the first quarter. Lombard Odier Asset Management Europe Ltd now owns 36,211 shares of the industrial products company’s stock worth $12,995,000 after purchasing an additional 12,727 shares during the period. Contravisory Investment Management Inc. boosted its position in Rockwell Automation by 9,354.2% during the second quarter. Contravisory Investment Management Inc. now owns 18,152 shares of the industrial products company’s stock worth $8,987,000 after purchasing an additional 17,960 shares during the period. Pure Financial Advisors LLC increased its stake in shares of Rockwell Automation by 124.9% in the second quarter. Pure Financial Advisors LLC now owns 4,294 shares of the industrial products company’s stock worth $2,126,000 after purchasing an additional 2,385 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Rockwell Automation by 559.8% in the second quarter. Sequoia Financial Advisors LLC now owns 91,971 shares of the industrial products company’s stock worth $45,533,000 after purchasing an additional 78,032 shares in the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Stephens dropped their price target on shares of Rockwell Automation from $550.00 to $500.00 and set an “overweight” rating on the stock in a research note on Friday, November 6th. Evercore set a $485.00 price objective on shares of Rockwell Automation in a research note on Wednesday, August 5th. Zacks Research cut shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Citigroup dropped their target price on Rockwell Automation from $536.00 to $504.00 and set a “buy” rating on the stock in a research report on Friday, November 6th. Finally, Wells Fargo & Company initiated coverage on Rockwell Automation in a report on Thursday, September 24th. They issued an “equal weight” rating and a $426.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Hold” and a consensus target price of $471.33.

Insider Activity

In other news, VP Isaac Woods sold 154 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $432.62, for a total value of $66,623.48. Following the completion of the transaction, the vice president directly owned 1,858 shares in the company, valued at approximately $803,807.96. This represents a 7.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Matheus Bulho sold 400 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $420.14, for a total value of $168,056.00. Following the transaction, the senior vice president owned 867 shares in the company, valued at $364,261.38. This trade represents a 31.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,711 shares of company stock valued at $1,164,880. 0.76% of the stock is owned by insiders.

Top Rockwell Automation Stories

Investors following ROK have been watching these stories:

• Positive Sentiment: Rockwell introduced its LogixEdge industrial PC-based controller, combining Logix control, edge computing and support for containerized applications. The platform is aimed at simplifying factory systems and advancing software-defined automation, potentially supporting future demand for Rockwell’s solutions. Rockwell Automation Introduces LogixEdge Controllers for Software-Defined Automation
• Positive Sentiment: Laminar joined Rockwell’s PartnerNetwork, with the companies planning to combine Laminar’s real-time fluid intelligence with Rockwell’s automation technology to improve clean-in-place and product-changeover processes. The collaboration targets production efficiency and reduced resource use, though no financial contribution was disclosed. Laminar Joins Rockwell Automation PartnerNetwork
• Neutral Sentiment: A separate report says Rockwell introduced a PanelView Pro interface for industrial manufacturing, but the available headline provides no details on capabilities, timing or expected sales impact. Rockwell Automation introduces PanelView Pro interface

Rockwell Automation Trading Down 0.3%

Rockwell Automation stock opened at $404.80 on Friday. The firm’s fifty day moving average price is $427.38 and its 200-day moving average price is $426.88. Rockwell Automation, Inc. has a fifty-two week low of $347.53 and a fifty-two week high of $497.36. The stock has a market cap of $44.95 billion, a P/E ratio of 32.25, a PEG ratio of 2.85 and a beta of 1.51. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.35 and a current ratio of 2.11.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Thursday, November 5th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.69 by $0.19. Rockwell Automation had a return on equity of 41.79% and a net margin of 15.68%. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter last year, the company posted $3.34 EPS. The company’s revenue for the quarter was up .7% on a year-over-year basis. Rockwell Automation has set its FY 2027 guidance at 14.500-15.500 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 14.95 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be paid a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 1.4%. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, November 16th. Rockwell Automation’s dividend payout ratio is presently 43.98%.

Rockwell Automation Company Profile

Rockwell Automation, Inc. is an industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. Its roots date to 1903, when it was founded as the Compression Rheostat Company. The company provides hardware, software and services that help manufacturers automate and manage industrial operations. Its offerings include control systems, sensors, motor-control products, industrial software and services for optimizing production and maintaining equipment. Its Allen-Bradley and FactoryTalk brands are among its best-known product lines.