Rockwell Automation, Inc. $ROK Stock: Eurizon Capital SGR S.p.A. Cuts Stake

Eurizon Capital SGR S.p.A. decreased its stake in Rockwell Automation, Inc. (NYSE:ROK) by 84.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,907 shares of the industrial products company’s stock after selling 317,754 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in Rockwell Automation were worth $26,057,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ROK. BlackRock Inc. bought a new position in shares of Rockwell Automation during the second quarter valued at $6,129,376,000. State Street Corp grew its holdings in shares of Rockwell Automation by 5.3% in the 2nd quarter. State Street Corp now owns 5,323,990 shares of the industrial products company’s stock worth $2,635,801,000 after purchasing an additional 265,978 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of Rockwell Automation in the 2nd quarter worth about $394,905,000. Amundi grew its holdings in shares of Rockwell Automation by 13.5% in the 1st quarter. Amundi now owns 998,374 shares of the industrial products company’s stock worth $358,296,000 after purchasing an additional 118,474 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Rockwell Automation by 6.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 738,277 shares of the industrial products company’s stock worth $321,394,000 after purchasing an additional 44,216 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $402.53 on Friday. The business’s fifty day moving average is $426.86 and its two-hundred day moving average is $426.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.35 and a current ratio of 2.11. The firm has a market cap of $44.70 billion, a P/E ratio of 30.12, a P/E/G ratio of 2.83 and a beta of 1.51. Rockwell Automation, Inc. has a 52 week low of $347.53 and a 52 week high of $497.36.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 5th. The industrial products company reported $3.88 earnings per share 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 company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the company posted $3.34 earnings per share. The firm’s quarterly revenue was up .7% compared to the same quarter last year. 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be issued a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $5.80 dividend on an annualized basis and a yield of 1.4%. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.38. Rockwell Automation’s payout ratio is currently 43.98%.

Trending Headlines about Rockwell Automation

Here are a few of the latest headlines about ROK:

• Positive Sentiment: Rockwell introduced LogixEdge, an industrial PC-based controller combining Logix control, edge computing and containerized applications. The platform is designed to simplify factory systems and support software-defined automation, creating a new product opportunity, though financial impact is not yet known. Article: Rockwell Automation Introduces LogixEdge Controllers
• Positive Sentiment: Technology partner Laminar will bring real-time fluid monitoring capabilities to Rockwell customers, with a focus on improving manufacturers’ cleaning and product-changeover processes. The collaboration may strengthen Rockwell’s automation offering and help customers improve efficiency and resource use. Article: Laminar Joins Rockwell Automation PartnerNetwork
• Neutral Sentiment: Vice President Isaac Woods sold 500 shares for about $201,000 under a pre-arranged Rule 10b5-1 plan. He retained 1,358 shares; the planned nature of the transaction makes it a limited signal about his current outlook. SEC Form 4 filing

Insider Activity

In other Rockwell Automation news, Director Patricia Watson sold 1,100 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the sale, the director owned 6,385 shares in the company, valued at approximately $2,754,680.55. This trade represents a 14.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Isaac Woods sold 500 shares of the business’s stock in a transaction dated Thursday, November 12th. The stock was sold at an average price of $402.61, for a total transaction of $201,305.00. Following the completion of the transaction, the vice president directly owned 1,358 shares of the company’s stock, valued at approximately $546,744.38. This represents a 26.91% 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 quarter, insiders have sold 3,211 shares of company stock worth $1,366,185. 0.76% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein lifted their price target on shares of Rockwell Automation from $501.00 to $514.00 and gave the company a “market perform” rating in a report on Friday, August 14th. Wells Fargo & Company assumed coverage on shares of Rockwell Automation in a research note on Thursday, September 24th. They set an “equal weight” rating and a $426.00 price objective on the stock. Robert W. Baird set a $514.00 price objective on shares of Rockwell Automation in a research note on Wednesday, August 5th. Citigroup dropped their price objective on shares of Rockwell Automation from $536.00 to $504.00 and set a “buy” rating for the company in a report on Friday, November 6th. Finally, Mizuho cut their target price on shares of Rockwell Automation from $445.00 to $430.00 and set a “neutral” rating for the company in a research note on Thursday, October 15th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, Rockwell Automation presently has an average rating of “Hold” and a consensus target price of $471.33.

Rockwell Automation 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.