Rockwell Automation, Inc. $ROK Stock Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in Rockwell Automation, Inc. (NYSE:ROK – Free Report) by 6.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 738,277 shares of the industrial products company’s stock after acquiring an additional 44,216 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Rockwell Automation were worth $321,394,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. DUTCH ASSET Corp grew its position in shares of Rockwell Automation by 8.6% in the third quarter. DUTCH ASSET Corp now owns 466 shares of the industrial products company’s stock valued at $203,000 after purchasing an additional 37 shares during the period. Bank Pictet & Cie Europe AG increased its stake in Rockwell Automation by 2.6% in the third quarter. Bank Pictet & Cie Europe AG now owns 3,399 shares of the industrial products company’s stock valued at $1,480,000 after purchasing an additional 85 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Rockwell Automation by 6.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,946 shares of the industrial products company’s stock worth $14,342,000 after buying an additional 2,008 shares during the period. Talbot Financial LLC lifted its position in Rockwell Automation by 3.1% during the third quarter. Talbot Financial LLC now owns 34,440 shares of the industrial products company’s stock worth $14,993,000 after buying an additional 1,039 shares during the period. Finally, IFP Advisors Inc lifted its position in Rockwell Automation by 19.4% during the third quarter. IFP Advisors Inc now owns 2,151 shares of the industrial products company’s stock worth $936,000 after buying an additional 350 shares during the period. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on ROK. The Goldman Sachs Group decreased their price target on Rockwell Automation from $510.00 to $485.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a research note on Monday, September 14th. Morgan Stanley set a $520.00 price objective on shares of Rockwell Automation in a research note on Friday. DA Davidson cut their price objective on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating on the stock in a report on Friday, August 21st. Finally, Citigroup decreased their target price on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $468.00.

Read Our Latest Stock Report on ROK

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, VP Isaac Woods sold 154 shares of the company’s stock in a transaction dated 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 in the company, valued at $803,807.96. This represents a 7.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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, Director Patricia A. Watson sold 1,100 shares of the firm’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the transaction, the director owned 6,385 shares in the company, valued at approximately $2,754,680.55. This trade represents a 14.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,711 shares of company stock worth $1,164,880 over the last ninety days. 0.76% of the stock is owned by insiders.

Rockwell Automation Stock Up 0.7%

Shares of NYSE ROK opened at $427.29 on Wednesday. Rockwell Automation, Inc. has a 52-week low of $347.53 and a 52-week high of $497.36. The firm has a fifty day moving average of $431.65 and a 200-day moving average of $440.71. The stock has a market capitalization of $47.45 billion, a PE ratio of 40.05, a P/E/G ratio of 2.01 and a beta of 1.51. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.74.

Rockwell Automation (NYSE:ROK – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, analysts anticipate that Rockwell Automation, Inc. will post 13.26 EPS for the current year.

Rockwell Automation Profile

(Free Report)

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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