Jag Capital Management LLC Acquires New Position in Rockwell Automation, Inc. $ROK

Jag Capital Management LLC acquired a new stake in Rockwell Automation, Inc. (NYSE:ROK) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 35,478 shares of the industrial products company’s stock, valued at approximately $13,803,000. Rockwell Automation accounts for 1.5% of Jag Capital Management LLC’s portfolio, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV raised its stake in 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 acquiring an additional 28 shares during the period. Robertson Stephens Wealth Management LLC raised its stake in Rockwell Automation by 2.4% in 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 acquiring an additional 28 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in Rockwell Automation by 7.1% in 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 during the period. Equitable Trust Co. raised its stake in Rockwell Automation by 1.1% in the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock valued at $908,000 after acquiring an additional 29 shares during the period. Finally, J. Safra Sarasin Holding AG raised its stake in Rockwell Automation by 2.2% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 30 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Insider Activity at Rockwell Automation

In other news, VP Scott Genereux sold 17,407 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the completion of the transaction, the vice president owned 3,314 shares of the company’s stock, valued at approximately $1,340,877.54. The trade was a 84.01% 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 the SEC website. Also, SVP Tessa M. Myers sold 1,985 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total value of $812,599.45. Following the transaction, the senior vice president directly owned 4,036 shares of the company’s stock, valued at $1,652,217.32. The trade was a 32.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 59,087 shares of company stock valued at $24,296,483 in the last ninety days. Insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Down 3.1%

Shares of ROK opened at $422.79 on Wednesday. The business’s 50-day moving average price is $395.15 and its 200-day moving average price is $397.09. Rockwell Automation, Inc. has a twelve month low of $298.70 and a twelve month high of $463.48. The stock has a market cap of $47.04 billion, a PE ratio of 43.95, a P/E/G ratio of 2.79 and a beta of 1.56. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the business posted $2.45 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 12.500-13.100 EPS. On average, equities analysts forecast that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s payout ratio is presently 57.38%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on ROK shares. KeyCorp boosted their price objective on Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Stephens upped their price target on Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Wall Street Zen cut Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. HSBC upped their price target on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. Finally, Evercore upped their price target on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $449.16.

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.