Comerica Bank Reduces Holdings in Rockwell Automation, Inc. $ROK

Key Points

• Comerica Bank reduced its stake by 39.1%, selling 20,004 shares in Q4 and now holds 31,140 shares of Rockwell Automation valued at about $12.12 million.
• Significant insider selling: SVP Christopher Nardecchia sold 14,465 shares (~$5.93M) and insiders have sold 51,375 shares worth $20.83M over the last 90 days, while corporate insiders now own 0.76% of the stock.
• Rockwell beat Q4 earnings (EPS $2.75 vs. $2.46 est.), set FY2026 guidance of $11.40–$12.20 EPS, has a consensus analyst target of about $406.67, and announced a $1.38 quarterly dividend (yield ~1.4%).

Comerica Bank reduced its stake in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 39.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 31,140 shares of the industrial products company's stock after selling 20,004 shares during the quarter. Comerica Bank's holdings in Rockwell Automation were worth $12,115,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ROK. First Horizon Corp acquired a new position in shares of Rockwell Automation in the 4th quarter worth approximately $32,000. Fortitude Family Office LLC lifted its holdings in shares of Rockwell Automation by 109.5% in the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company's stock worth $34,000 after acquiring an additional 46 shares during the last quarter. Ameriflex Group Inc. lifted its holdings in shares of Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company's stock worth $35,000 after acquiring an additional 50 shares during the last quarter. Sachetta LLC lifted its holdings in shares of Rockwell Automation by 900.0% in the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company's stock worth $42,000 after acquiring an additional 108 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Rockwell Automation in the 3rd quarter worth approximately $47,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Christopher Nardecchia sold 14,465 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the sale, the senior vice president directly owned 14,232 shares in the company, valued at $5,835,262.32. This represents a 50.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $400.00, for a total transaction of $480,000.00. Following the sale, the senior vice president owned 4,437 shares in the company, valued at approximately $1,774,800. This trade represents a 21.29% decrease in their ownership of the stock. 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. Insiders sold 51,375 shares of company stock worth $20,828,717 over the last 90 days. 0.76% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ROK. JPMorgan Chase & Co. upped their price objective on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a "neutral" rating in a report on Friday, January 16th. Oppenheimer lowered shares of Rockwell Automation from an "outperform" rating to a "market perform" rating in a report on Tuesday, January 20th. Wells Fargo & Company decreased their price objective on shares of Rockwell Automation from $410.00 to $360.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 1st. Zacks Research lowered shares of Rockwell Automation from a "strong-buy" rating to a "hold" rating in a report on Monday, January 12th. Finally, Morgan Stanley restated an "overweight" rating and issued a $460.00 price objective on shares of Rockwell Automation in a report on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $406.67.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $401.80 on Wednesday. The firm has a market cap of $45.15 billion, a PE ratio of 45.97, a price-to-earnings-growth ratio of 2.90 and a beta of 1.54. Rockwell Automation, Inc. has a 52-week low of $240.13 and a 52-week high of $438.72. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The company's 50 day moving average is $383.27 and its two-hundred day moving average is $389.01.

Rockwell Automation (NYSE:ROK - Get Free Report) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.46 by $0.29. The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The firm's quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, research analysts expect that Rockwell Automation, Inc. will post 12.14 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. The ex-dividend date is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. Rockwell Automation's dividend payout ratio is 63.16%.

About Rockwell Automation

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.

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