Rockwell Automation, Inc. $ROK Shares Sold by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. lowered its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 4.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,280 shares of the industrial products company’s stock after selling 324 shares during the period. EFG Asset Management Americas Corp.’s holdings in Rockwell Automation were worth $2,418,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. IMA Advisory Services Inc. purchased a new position in Rockwell Automation in the 1st quarter valued at about $32,000. Legend Financial Advisors Inc. bought a new stake in shares of Rockwell Automation in the second quarter worth $39,000. SBI Securities Co. Ltd. increased its stake in shares of Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares during the last quarter. Financial Gravity Companies Inc. bought a new position in Rockwell Automation during the 2nd quarter valued at $40,000. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in Rockwell Automation by 59.6% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 166 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 62 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ROK. Barclays upped their target price on shares of Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Morgan Stanley upped their price objective on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. KeyCorp lifted their target price on Rockwell Automation from $370.00 to $380.00 and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Weiss Ratings downgraded Rockwell Automation from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, November 13th. Finally, JPMorgan Chase & Co. raised their price objective on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. One research 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 given a Sell rating to the company. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $364.75.

Insider Buying and Selling at Rockwell Automation

In related news, Director James P. Keane sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total value of $1,068,180.00. Following the completion of the transaction, the director directly owned 9,192 shares of the company’s stock, valued at $3,272,903.52. This represents a 24.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Cyril Perducat sold 1,435 shares of Rockwell Automation stock in a transaction on Friday, August 29th. The shares were sold at an average price of $348.08, for a total value of $499,494.80. Following the sale, the senior vice president directly owned 3,787 shares in the company, valued at $1,318,178.96. The trade was a 27.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 92,075 shares of company stock valued at $34,820,361. 0.68% of the stock is currently owned by insiders.

Rockwell Automation Stock Up 1.7%

Shares of Rockwell Automation stock opened at $372.34 on Thursday. The stock has a market capitalization of $41.80 billion, a price-to-earnings ratio of 43.70, a PEG ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $398.20. The company has a current ratio of 1.06, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. The business’s 50 day simple moving average is $355.99 and its 200-day simple moving average is $339.48.

Rockwell Automation (NYSE:ROK) last issued 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. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

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