Eurizon Capital SGR S.p.A. Makes New Investment in Rockwell Automation, Inc. $ROK

Eurizon Capital SGR S.p.A. acquired a new position in Rockwell Automation, Inc. (NYSE:ROK) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 400,120 shares of the industrial products company’s stock, valued at approximately $156,017,000.

Other hedge funds also recently modified their holdings of the company. First Horizon Corp bought a new stake in shares of Rockwell Automation in the 4th quarter worth approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Rockwell Automation in the 4th quarter worth approximately $33,000. Fortitude Family Office LLC lifted its position in shares of Rockwell Automation by 109.5% in the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 46 shares during the period. Ameriflex Group Inc. lifted its position in shares of Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 50 shares during the period. Finally, Dynamic Wealth Strategies LLC lifted its position in shares of Rockwell Automation by 80.7% in the 4th quarter. Dynamic Wealth Strategies LLC now owns 103 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 46 shares during the period. Institutional investors own 75.75% of the company’s stock.

Insider Activity

In related news, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at $2,392,102.30. This trade represents a 15.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Scott Genereux sold 550 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total value of $246,251.50. Following the sale, the vice president directly owned 2,764 shares of the company’s stock, valued at $1,237,525.72. This represents a 16.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 11,713 shares of company stock worth $5,066,717. 0.76% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. HSBC raised their price objective on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. BNP Paribas Exane raised their price objective on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Citigroup increased their target price on Rockwell Automation from $466.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Jefferies Financial Group reissued a “hold” rating and issued a $380.00 target price (down from $490.00) on shares of Rockwell Automation in a report on Tuesday, March 31st. Finally, Wells Fargo & Company increased their target price on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus target price of $449.16.

Rockwell Automation Trading Down 0.7%

Shares of ROK opened at $451.65 on Friday. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $463.48. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $408.81 and a 200-day simple moving average of $401.54. The stock has a market cap of $50.25 billion, a PE ratio of 46.95, a PEG ratio of 2.91 and a beta of 1.56.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the firm posted $2.45 EPS. Rockwell Automation’s quarterly revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, sell-side analysts predict that Rockwell Automation, Inc. will post 13.01 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is currently 57.38%.

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.