National Pension Service Has $86.05 Million Stock Position in Rockwell Automation, Inc. $ROK

National Pension Service boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 173,815 shares of the industrial products company’s stock after purchasing an additional 2,797 shares during the quarter. National Pension Service owned about 0.16% of Rockwell Automation worth $86,052,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its position in shares of Rockwell Automation by 50,536.8% during the 2nd quarter. California State Teachers Retirement System now owns 84,037,850 shares of the industrial products company’s stock worth $41,605,459,000 after buying an additional 83,871,888 shares during the period. BlackRock Inc. bought a new stake in shares of Rockwell Automation in the 2nd quarter valued at $6,129,376,000. Norges Bank acquired a new position in shares of Rockwell Automation during the 4th quarter valued at $615,596,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Rockwell Automation by 5,925.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 906,192 shares of the industrial products company’s stock valued at $352,572,000 after acquiring an additional 891,153 shares during the period. Finally, Legal & General Group Plc bought a new position in Rockwell Automation during the second quarter worth $394,905,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ROK has been the subject of a number of research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Evercore set a $485.00 price objective on shares of Rockwell Automation in a report on Wednesday, August 5th. Argus increased their price objective on shares of Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Sanford C. Bernstein raised their target price on Rockwell Automation from $501.00 to $514.00 and gave the company a “market perform” rating in a research note on Friday, August 14th. Finally, Zacks Research lowered Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Nine research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $469.14.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, VP Isaac Woods sold 154 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $432.62, for a total transaction of $66,623.48. Following the completion of the sale, the vice president directly owned 1,858 shares of the company’s stock, valued at approximately $803,807.96. The trade was a 7.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Matheus De A. G. Viera Bulho sold 400 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $420.14, for a total value of $168,056.00. Following the completion of the sale, the senior vice president directly owned 867 shares of the company’s stock, valued at approximately $364,261.38. This trade represents a 31.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,711 shares of company stock worth $1,164,880. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $428.77 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The firm has a fifty day simple moving average of $448.65 and a two-hundred day simple moving average of $429.36. Rockwell Automation, Inc. has a 12 month low of $332.71 and a 12 month high of $497.36. The firm has a market capitalization of $47.61 billion, a PE ratio of 40.18, a price-to-earnings-growth ratio of 2.46 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $2.82 earnings per share. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Analysts forecast that Rockwell Automation, Inc. will post 13.23 EPS for the current fiscal year.

Rockwell Automation announced that its board has approved a share repurchase plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

About Rockwell Automation

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and other industrial organizations improve productivity, safety, quality and operational efficiency by connecting control systems, equipment, software and data across production environments.

Its portfolio includes programmable logic controllers, industrial computers, sensors, motor control and drives, motion-control systems, safety equipment, human-machine interfaces and industrial networking technologies.