Horizon Investments LLC Has $7.24 Million Position in Rockwell Automation, Inc. $ROK

Horizon Investments LLC lifted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 740.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,597 shares of the industrial products company’s stock after buying an additional 16,384 shares during the period. Horizon Investments LLC’s holdings in Rockwell Automation were worth $7,236,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ROK. Nations Financial Group Inc. IA ADV increased its holdings in shares of Rockwell Automation by 2.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock valued at $563,000 after purchasing an additional 28 shares during the period. Robertson Stephens Wealth Management LLC boosted its stake in shares of Rockwell Automation by 2.4% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,202 shares of the industrial products company’s stock valued at $468,000 after buying an additional 28 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Rockwell Automation by 7.1% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after acquiring an additional 29 shares in the last quarter. Equitable Trust Co. raised its holdings in shares of Rockwell Automation by 1.1% during the third quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after acquiring an additional 29 shares in the last quarter. Finally, J. Safra Sarasin Holding AG grew its stake in Rockwell Automation by 2.2% in the third quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock valued at $484,000 after purchasing an additional 30 shares in the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Rockwell Automation Stock Down 0.1%

Shares of ROK stock opened at $408.35 on Friday. The stock’s 50 day simple moving average is $383.62 and its 200 day simple moving average is $389.58. Rockwell Automation, Inc. has a twelve month low of $250.32 and a twelve month high of $438.72. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. The company has a market capitalization of $45.88 billion, a price-to-earnings ratio of 46.72, a PEG ratio of 2.91 and a beta of 1.56.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter in the prior year, the business earned $1.83 earnings per share. The company’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, research analysts predict that Rockwell Automation, Inc. will post 12.14 EPS for the current year.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is 63.16%.

Insider Activity

In other Rockwell Automation news, SVP Christopher Nardecchia sold 14,465 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $410.01, for a total value of $5,930,794.65. Following the sale, the senior vice president owned 14,232 shares of the company’s stock, valued at $5,835,262.32. This trade represents a 50.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Isaac Woods sold 1,271 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $405.69, for a total value of $515,631.99. Following the completion of the sale, the vice president directly owned 1,687 shares of the company’s stock, valued at $684,399.03. This represents a 42.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 51,375 shares of company stock worth $20,828,717. Insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ROK shares. Oppenheimer downgraded Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Rothschild & Co Redburn lifted their target price on shares of Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Barclays decreased their target price on shares of Rockwell Automation from $450.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. JPMorgan Chase & Co. increased their price target on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Finally, Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $406.67.

About Rockwell Automation

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.