Corient Private Wealth LP Decreases Position in Rockwell Automation, Inc. $ROK

Key Points

• Corient Private Wealth reduced its Rockwell Automation stake by 3.1% in the second quarter, selling 3,839 shares and retaining 118,165 shares valued at approximately $58.5 million. Institutional investors collectively own 75.75% of the company.
• Rockwell Automation reported quarterly EPS of $3.49, beating estimates of $3.38, while revenue rose 7.9% year over year to $2.31 billion. The company issued fiscal 2026 EPS guidance of $13.00–$13.30 and authorized a $1 billion share-repurchase program.
• Analyst sentiment is mixed, with nine Buy ratings and twelve Hold ratings producing a consensus Hold rating and a $469.14 price target. The stock opened at $428.77, below its 50-day moving average of $448.65.

Corient Private Wealth LP decreased its holdings in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 3.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,165 shares of the industrial products company's stock after selling 3,839 shares during the quarter. Corient Private Wealth LP owned about 0.11% of Rockwell Automation worth $58,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its holdings in Rockwell Automation by 50,536.8% in the second 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 acquiring an additional 83,871,888 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Rockwell Automation during the second quarter valued at about $6,129,376,000. Norges Bank purchased a new position in shares of Rockwell Automation in the 4th quarter valued at approximately $615,596,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Rockwell Automation by 5,925.6% in 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 purchasing an additional 891,153 shares during the last quarter. Finally, Legal & General Group Plc acquired a new stake in Rockwell Automation in the 2nd quarter worth approximately $394,905,000. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, Director Patricia A. Watson sold 1,100 shares of the company's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following the sale, the director directly owned 6,385 shares of the company's stock, valued at approximately $2,754,680.55. This represents a 14.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Isaac Woods sold 154 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $432.62, for a total value of $66,623.48. Following 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. 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. Insiders have sold 2,711 shares of company stock worth $1,164,880 over the last ninety days. 0.76% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ROK shares. DA Davidson dropped their target price on shares of Rockwell Automation from $500.00 to $490.00 and set a "neutral" rating on the stock in a research report on Friday, August 21st. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Rockwell Automation in a report on Thursday, June 18th. Zacks Research downgraded shares of Rockwell Automation from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 30th. Evercore set a $485.00 price objective on shares of Rockwell Automation in a report on Wednesday, August 5th. Finally, Robert W. Baird set a $514.00 target price on Rockwell Automation in a research report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $469.14.

Rockwell Automation Price Performance

Shares of NYSE ROK opened at $428.77 on Friday. The business's 50 day moving average price is $448.65 and its 200 day moving average price is $429.36. The firm has a market cap of $47.61 billion, a P/E ratio of 40.18, a P/E/G ratio of 2.50 and a beta of 1.52. Rockwell Automation, Inc. has a 52 week low of $332.71 and a 52 week high of $497.36. 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 posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $2.24 billion. During the same period last year, the firm posted $2.82 EPS. Rockwell Automation's revenue for the quarter 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. On average, sell-side analysts expect that Rockwell Automation, Inc. will post 13.23 earnings per share for the current year.

Rockwell Automation announced that its board has approved a stock repurchase program on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Rockwell Automation Company Profile

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.

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