Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Holdings in Rockwell Automation, Inc. $ROK

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 6.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,644 shares of the industrial products company’s stock after purchasing an additional 1,786 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Rockwell Automation were worth $9,183,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisors Capital Management LLC increased its position in Rockwell Automation by 1.7% during the 2nd quarter. Advisors Capital Management LLC now owns 2,066 shares of the industrial products company’s stock worth $686,000 after purchasing an additional 34 shares in the last quarter. Howe & Rusling Inc. lifted its position in Rockwell Automation by 4.9% during the 1st quarter. Howe & Rusling Inc. now owns 794 shares of the industrial products company’s stock worth $205,000 after acquiring an additional 37 shares in the last quarter. IFP Advisors Inc increased its stake in Rockwell Automation by 2.7% during the 2nd quarter. IFP Advisors Inc now owns 1,427 shares of the industrial products company’s stock worth $476,000 after buying an additional 37 shares during the period. SBI Securities Co. Ltd. grew its stake in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares in the last quarter. Finally, Bank of Jackson Hole Trust raised its holdings in Rockwell Automation by 34.2% in the second quarter. Bank of Jackson Hole Trust now owns 161 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 41 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Weiss Ratings downgraded Rockwell Automation from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. JPMorgan Chase & Co. lifted their target price on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a research note on Friday, November 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $364.75.

Insider Activity

In other news, SVP Cyril Perducat sold 1,435 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $348.08, for a total transaction of $499,494.80. Following the completion of the sale, the senior vice president directly owned 3,787 shares in the company, valued at $1,318,178.96. This represents a 27.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Matheus De A. G. Viera Bulho sold 822 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $365.00, for a total value of $300,030.00. Following the transaction, the senior vice president directly owned 983 shares in the company, valued at approximately $358,795. The trade was a 45.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 92,075 shares of company stock valued at $34,820,361. 0.68% of the stock is currently owned by company insiders.

Rockwell Automation Price Performance

ROK opened at $376.59 on Monday. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $398.20. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The company has a fifty day simple moving average of $354.36 and a 200 day simple moving average of $337.60. The stock has a market cap of $42.28 billion, a P/E ratio of 44.20, a P/E/G ratio of 3.30 and a beta of 1.45.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the prior year, the business posted $2.47 EPS. The company’s quarterly revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

About Rockwell Automation

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.