Rockwell Automation, Inc. $ROK Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in Rockwell Automation, Inc. (NYSE:ROK) by 6.4% in the second quarter, Holdings Channel reports. The institutional investor owned 1,074,596 shares of the industrial products company’s stock after selling 74,067 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Rockwell Automation were worth $532,011,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at about $6,129,376,000. State Street Corp grew its stake in Rockwell Automation by 4.2% in the fourth quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock worth $1,943,844,000 after purchasing an additional 202,705 shares in the last quarter. Geode Capital Management LLC increased its holdings in Rockwell Automation by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after buying an additional 17,855 shares during the last quarter. Morgan Stanley raised its stake in Rockwell Automation by 10.4% during the fourth quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after buying an additional 276,021 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Rockwell Automation by 1.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after buying an additional 24,719 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Stock Down 0.0%

NYSE:ROK opened at $430.73 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The stock has a 50 day moving average of $458.33 and a 200-day moving average of $427.43. The firm has a market capitalization of $47.83 billion, a PE ratio of 40.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.54. Rockwell Automation, Inc. has a 52 week low of $332.71 and a 52 week high of $497.36.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the business posted $2.82 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Analysts predict that Rockwell Automation, Inc. will post 13.21 EPS for the current year.

Rockwell Automation declared that its Board of Directors has initiated a share buyback program on Tuesday, June 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to buy up to 2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its stock is undervalued.

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s dividend payout ratio (DPR) is 51.73%.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, Director Patricia A. Watson sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. This trade represents a 7.83% decrease in their position. 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. Insiders have sold a total of 2,285 shares of company stock worth $1,003,904 in the last ninety days. 0.76% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently commented on ROK shares. Rothschild & Co Redburn lifted their target price on Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. TD Cowen upped their price target on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Citigroup reduced their price objective on Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. The Goldman Sachs Group lifted their price objective on shares of Rockwell Automation from $448.00 to $487.00 in a report on Wednesday, May 6th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, Rockwell Automation has a consensus rating of “Hold” and an average price target of $468.19.

Rockwell Automation Profile

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.