1,834 Rockwell Automation, Inc. $ROK Shares Acquired by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC raised its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 322.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,402 shares of the industrial products company’s stock after acquiring an additional 1,834 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Rockwell Automation were worth $1,046,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Castle Rock Wealth Management LLC increased its holdings in shares of Rockwell Automation by 2.2% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 1,038 shares of the industrial products company’s stock valued at $501,000 after acquiring an additional 22 shares during the last quarter. Richards Merrill & Peterson Inc. grew its holdings in shares of Rockwell Automation by 1.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock valued at $487,000 after purchasing an additional 25 shares during the last quarter. Cidel Asset Management Inc. boosted its position in Rockwell Automation by 4.6% during the 1st quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock valued at $206,000 after purchasing an additional 25 shares during the period. Apella Capital LLC lifted its stake in Rockwell Automation by 0.9% in the second quarter. Apella Capital LLC now owns 3,261 shares of the industrial products company’s stock valued at $1,529,000 after buying an additional 28 shares during the last quarter. Finally, Finivi Inc. grew its position in Rockwell Automation by 1.0% in the 2nd quarter. Finivi Inc. now owns 2,935 shares of the industrial products company’s stock worth $1,453,000 after purchasing an additional 30 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

ROK has been the subject of a number of recent analyst reports. Robert W. Baird set a $514.00 price objective on Rockwell Automation in a report on Wednesday, August 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Rockwell Automation in a report on Monday, September 14th. Morgan Stanley set a $520.00 price target on Rockwell Automation in a research report on Friday, October 16th. Sanford C. Bernstein upped 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. Finally, Wells Fargo & Company began coverage on Rockwell Automation in a research note on Thursday, September 24th. They set an “equal weight” rating and a $426.00 price objective for the company. Nine analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, Rockwell Automation presently has a consensus rating of “Hold” and an average target price of $468.00.

Insider Buying and Selling

In related news, CFO Christian Rothe sold 590 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total value of $256,237.00. Following the transaction, the chief financial officer directly owned 10,429 shares in the company, valued at approximately $4,529,314.70. This trade represents a 5.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 firm’s 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 completion of the sale, the senior vice president directly owned 867 shares in the company, valued at approximately $364,261.38. This represents a 31.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,711 shares of company stock worth $1,164,880 over the last ninety days. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

ROK opened at $439.28 on Thursday. Rockwell Automation, Inc. has a 1 year low of $347.53 and a 1 year high of $497.36. The stock has a fifty day moving average price of $431.41 and a 200 day moving average price of $441.23. 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 market cap of $48.78 billion, a price-to-earnings ratio of 41.17, a PEG ratio of 2.03 and a beta of 1.51.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the company posted $2.82 earnings per share. The firm’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 forecast that Rockwell Automation, Inc. will post 13.26 EPS for the current fiscal year.

Rockwell Automation Company Profile

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.