Y Intercept Hong Kong Ltd Has $7.82 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Y Intercept Hong Kong Ltd trimmed its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 16.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,781 shares of the industrial products company’s stock after selling 4,342 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Rockwell Automation were worth $7,817,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. MV Capital Management Inc. acquired a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $28,000. Manchester Capital Management LLC increased its position in shares of Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares during the period. First Horizon Corp acquired a new position in shares of Rockwell Automation in the fourth quarter valued at $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Rockwell Automation in the fourth quarter valued at $33,000. Finally, TD Capital Management LLC bought a new position in Rockwell Automation in the fourth quarter worth $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Activity

In other news, SVP Matthew W. Fordenwalt sold 377 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $460.51, for a total transaction of $173,612.27. Following the sale, the senior vice president owned 4,437 shares in the company, valued at approximately $2,043,282.87. This represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $451.97, for a total value of $1,818,727.28. Following the completion of the sale, the vice president owned 134 shares of the company’s stock, valued at approximately $60,563.98. This trade represents a 96.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 12,009 shares of company stock worth $5,232,471. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Stock Up 0.1%

ROK opened at $471.99 on Friday. The firm has a market cap of $52.52 billion, a price-to-earnings ratio of 49.06, a PEG ratio of 3.01 and a beta of 1.54. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. The firm’s 50-day simple moving average is $452.22 and its 200-day simple moving average is $414.72. Rockwell Automation, Inc. has a twelve month low of $305.44 and a twelve month high of $497.36.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities research analysts anticipate that Rockwell Automation, Inc. will post 13.05 EPS for the current fiscal year.

Rockwell Automation announced that its Board of Directors has approved a share repurchase program on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the industrial products company to reacquire up to 2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is 57.38%.

Wall Street Analysts Forecast Growth

ROK has been the topic of a number of recent research reports. Mizuho set a $445.00 price target on shares of Rockwell Automation in a research note on Wednesday, May 6th. Robert W. Baird raised their price objective on shares of Rockwell Automation from $470.00 to $527.00 and gave the stock an “outperform” rating in a report on Wednesday. Citigroup lifted their target price on shares of Rockwell Automation from $466.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Finally, Sanford C. Bernstein initiated coverage on shares of Rockwell Automation in a research report on Tuesday, June 9th. They issued a “market perform” rating and a $501.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and an average price target of $462.82.

Rockwell Automation 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.