BNP Paribas Financial Markets Has $60.02 Million Holdings in Rockwell Automation, Inc. $ROK

BNP Paribas Financial Markets lessened its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 154,260 shares of the industrial products company’s stock after selling 8,724 shares during the period. BNP Paribas Financial Markets’ holdings in Rockwell Automation were worth $60,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. HBK Sorce Advisory LLC raised its stake in Rockwell Automation by 0.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock worth $1,544,000 after acquiring an additional 27 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its stake in Rockwell Automation by 2.0% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock worth $563,000 after acquiring an additional 28 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its stake in Rockwell Automation by 2.4% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 1,202 shares of the industrial products company’s stock worth $468,000 after acquiring an additional 28 shares in the last quarter. Equitable Trust Co. raised its stake in 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, Eukles Asset Management raised its stake in Rockwell Automation by 0.3% during the fourth quarter. Eukles Asset Management now owns 9,596 shares of the industrial products company’s stock worth $3,734,000 after acquiring an additional 29 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Matthew W. Fordenwalt sold 600 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $449.58, for a total value of $269,748.00. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at $1,994,786.46. This represents a 11.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 company’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 2,764 shares in the company, valued at $1,237,525.72. The trade was 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. Insiders sold a total of 11,713 shares of company stock valued at $5,066,717 over the last three months. Insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on ROK shares. Robert W. Baird lowered their target price on Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. KeyCorp boosted their target price on Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Barclays boosted their target price on Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their target price on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $449.16.

Rockwell Automation Stock Performance

Rockwell Automation stock opened at $463.23 on Wednesday. The business has a 50 day moving average of $410.85 and a 200-day moving average of $402.06. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $465.32. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The company has a market capitalization of $51.54 billion, a P/E ratio of 48.15, a P/E/G ratio of 2.92 and a beta of 1.57.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS 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 business 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 firm’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 research analysts predict that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Dividend Announcement

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 issued a $1.38 dividend. The ex-dividend date is Monday, May 18th. This represents a $5.52 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is presently 57.38%.

Rockwell Automation Company Profile

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.