4,058 Rockwell Automation, Inc. $ROK Shares Sold by Birch Hill Investment Advisors LLC

Key Points

• Birch Hill Investment Advisors reduced its Rockwell Automation stake by 2.2%, selling 4,058 shares and retaining 181,995 shares valued at approximately $79.2 million. Institutional investors collectively own 75.75% of the company.
• Rockwell Automation insiders sold 2,711 shares worth about $1.16 million over the past 90 days, primarily through pre-arranged Rule 10b5-1 plans; insiders own 0.76% of the stock.
• Analysts have a mixed outlook, with nine Buy ratings and thirteen Holds, producing an overall Hold consensus and an average price target of $468. The company recently exceeded quarterly earnings and revenue expectations, reporting $3.49 in EPS and $2.31 billion in revenue.

Birch Hill Investment Advisors LLC cut its position in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,995 shares of the industrial products company's stock after selling 4,058 shares during the quarter. Rockwell Automation comprises about 3.4% of Birch Hill Investment Advisors LLC's holdings, making the stock its 9th largest position. Birch Hill Investment Advisors LLC owned about 0.16% of Rockwell Automation worth $79,228,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Virtus Advisers LLC purchased a new stake in Rockwell Automation during the second quarter valued at about $25,000. MV Capital Management Inc. bought a new position in Rockwell Automation during the fourth quarter worth about $28,000. Cassaday & Co Wealth Management LLC bought a new position in Rockwell Automation during the first quarter worth about $31,000. Elevation Wealth Partners LLC increased its stake in shares of Rockwell Automation by 700.0% in the second quarter. Elevation Wealth Partners LLC now owns 88 shares of the industrial products company's stock worth $44,000 after purchasing an additional 77 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Rockwell Automation in the third quarter worth about $40,000. Hedge funds and other institutional investors own 75.75% of the company's stock.

Insider Activity

In related news, CFO Christian E. Rothe sold 590 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the sale, the chief financial officer owned 10,429 shares of the company's stock, valued at approximately $4,529,314.70. This represents a 5.35% decrease in their position. The transaction was disclosed in a legal filing 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 467 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $426.96, for a total transaction of $199,390.32. Following the completion of the sale, the senior vice president owned 1,267 shares in the company, valued at $540,958.32. This represents a 26.93% 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. Insiders have sold a total of 2,711 shares of company stock valued at $1,164,880 over the last ninety days. 0.76% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Rockwell Automation from $469.00 to $500.00 and gave the company a "hold" rating in a research report on Wednesday, September 30th. DA Davidson dropped their price target on shares of Rockwell Automation from $500.00 to $490.00 and set a "neutral" rating on the stock in a research note on Friday, August 21st. Robert W. Baird set a $514.00 price objective on shares of Rockwell Automation in a report on Wednesday, August 5th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Rockwell Automation in a research note on Monday, September 14th. Finally, Argus lifted their price objective on shares of Rockwell Automation from $465.00 to $530.00 and gave the company a "buy" rating in a research note on Wednesday, June 24th. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $468.00.

Rockwell Automation Stock Performance

Shares of ROK opened at $425.64 on Friday. The stock's 50-day simple moving average is $432.23 and its 200 day simple moving average is $439.19. The stock has a market capitalization of $47.27 billion, a price-to-earnings ratio of 39.89, a price-to-earnings-growth ratio of 2.02 and a beta of 1.51. 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, Inc. has a 52-week low of $343.81 and a 52-week high of $497.36.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the company earned $2.82 EPS. The firm's revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Research analysts forecast that Rockwell Automation, Inc. will post 13.26 EPS for the current fiscal year.

About Rockwell Automation

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

Its offerings include programmable logic controllers, industrial computers, motor control and drives, sensors, safety systems, human-machine interfaces, and other control and electrical products.

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