Rockwell Automation, Inc. $ROK Stake Lifted by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 5,236.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,000 shares of the industrial products company’s stock after purchasing an additional 49,063 shares during the period. International Assets Investment Management LLC’s holdings in Rockwell Automation were worth $21,766,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Virtus Advisers LLC purchased a new position in shares of Rockwell Automation in the 2nd quarter valued at $25,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Rockwell Automation during the 1st quarter worth $31,000. Lodestone Wealth Management LLC purchased a new stake in shares of Rockwell Automation during the 3rd quarter worth $40,000. Polaris Financial Partners purchased a new stake in shares of Rockwell Automation during the 3rd quarter worth $42,000. Finally, Ascentis Independent Advisors bought a new stake in Rockwell Automation during the first quarter valued at about $43,000. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on ROK shares. Mizuho reduced their target price on shares of Rockwell Automation from $445.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, October 15th. Zacks Research cut shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Wells Fargo & Company initiated coverage on shares of Rockwell Automation in a research report on Thursday, September 24th. They issued an “equal weight” rating and a $426.00 price objective on the stock. Citigroup reduced their price objective on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group decreased their target price on shares of Rockwell Automation from $510.00 to $485.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $468.00.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Matheus Bulho sold 400 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $420.14, for a total value of $168,056.00. Following the sale, the senior vice president directly owned 867 shares of the company’s stock, valued at $364,261.38. This represents a 31.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Isaac Woods sold 154 shares of the stock in a transaction 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 owned 1,858 shares in the company, valued at $803,807.96. The trade was a 7.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last 90 days, insiders have sold 2,711 shares of company stock valued at $1,164,880. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Stock Down 3.5%

Shares of ROK stock opened at $435.64 on Friday. The stock’s 50-day simple moving average is $430.91 and its 200-day simple moving average is $427.26. The firm has a market capitalization of $48.38 billion, a PE ratio of 40.83, a P/E/G ratio of 2.14 and a beta of 1.51. Rockwell Automation, Inc. has a fifty-two week low of $347.53 and a fifty-two week high of $497.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the company earned $2.82 EPS. Rockwell Automation’s quarterly revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities analysts expect that Rockwell Automation, Inc. will post 13.26 earnings per share for the current year.

Rockwell Automation Profile

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.