Connable Office Inc. Sells 1,486 Shares of Rockwell Automation, Inc. $ROK

Connable Office Inc. lessened its stake in Rockwell Automation, Inc. (NYSE:ROK) by 27.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,977 shares of the industrial products company’s stock after selling 1,486 shares during the period. Connable Office Inc.’s holdings in Rockwell Automation were worth $1,547,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. First Horizon Corp acquired a new stake in Rockwell Automation in the fourth quarter worth about $32,000. Fortitude Family Office LLC increased its position in Rockwell Automation by 109.5% in the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 46 shares during the period. Ameriflex Group Inc. increased its position in Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares during the period. Sachetta LLC increased its position in Rockwell Automation by 900.0% in the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 108 shares during the period. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Rockwell Automation in the third quarter worth about $47,000. Institutional investors own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In related news, SVP Tessa M. Myers sold 1,985 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total value of $812,599.45. Following the completion of the transaction, the senior vice president directly owned 4,036 shares of the company’s stock, valued at approximately $1,652,217.32. This represents a 32.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Nardecchia sold 14,465 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the completion of the transaction, the senior vice president directly owned 14,232 shares of the company’s stock, valued at approximately $5,835,262.32. The trade was a 50.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 59,087 shares of company stock worth $24,296,483. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

Shares of ROK opened at $453.17 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.80 and a current ratio of 1.09. The stock has a 50 day simple moving average of $386.73 and a 200 day simple moving average of $392.01. Rockwell Automation, Inc. has a 52-week low of $290.14 and a 52-week high of $463.48. The firm has a market capitalization of $50.42 billion, a PE ratio of 47.11, a P/E/G ratio of 2.87 and a beta of 1.56.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.42. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.Rockwell Automation’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Sell-side analysts predict that Rockwell Automation, Inc. will post 13.02 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is presently 57.38%.

Trending Headlines about Rockwell Automation

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: Rockwell’s earnings beat and raised FY2026 guidance continue to drive investor optimism about growth and margins. Why Rockwell Automation (ROK) Is Up After Raising 2026 Guidance
• Positive Sentiment: Analysts have been lifting price targets following the strong quarter, which supports the stock’s momentum. Analysts Raise Their Forecasts Following Upbeat Q2 Results
• Positive Sentiment: Market commentary is framing Rockwell as a beneficiary of AI, data-center, and automation spending, which can strengthen the longer-term growth story. Rockwell Automation: Benefiting From The AI Data Center Surge
• Neutral Sentiment: Several insiders sold shares under pre-arranged trading plans, which is worth watching but does not necessarily signal a fundamental change. Executive Insider Sale Filing
• Negative Sentiment: Rockwell disclosed cyber and third-party data-privacy risks tied to its global IT and cloud reliance, a longer-term risk that could weigh on valuation if concerns build. New Cyber / Data Privacy Risk Disclosure

Wall Street Analysts Forecast Growth

ROK has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research report on Wednesday. BNP Paribas Exane lifted their price objective on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday. Evercore lifted their target price on shares of Rockwell Automation from $440.00 to $480.00 in a report on Wednesday. Citigroup lifted their target price on shares of Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and an average target price of $438.70.

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.