Rockwell Automation, Inc. $ROK Holdings Cut by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management reduced its Rockwell Automation stake by 15.4% in the third quarter, selling 10,046 shares and retaining 55,204 shares valued at approximately $24 million. Institutional investors collectively own 75.75% of the company.
• Analyst sentiment remains mixed, with nine Buy ratings and thirteen Hold ratings. Rockwell has an average rating of “Hold” and an average price target of $468, while recent targets ranged from $426 to $536.
• Rockwell reported quarterly EPS of $3.49 and revenue of $2.31 billion, exceeding analyst expectations, with revenue up 7.9% year over year. The company issued fiscal 2026 EPS guidance of $13.00–$13.30.

Assenagon Asset Management S.A. lessened its stake in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 15.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,204 shares of the industrial products company's stock after selling 10,046 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Rockwell Automation were worth $24,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of ROK. BlackRock Inc. purchased a new position in shares of Rockwell Automation during the second quarter valued at approximately $6,129,376,000. State Street Corp increased its position in shares of Rockwell Automation by 5.3% during the 2nd quarter. State Street Corp now owns 5,323,990 shares of the industrial products company's stock valued at $2,635,801,000 after purchasing an additional 265,978 shares during the last quarter. Legal & General Group Plc bought a new position in shares of Rockwell Automation in the 2nd quarter worth approximately $394,905,000. Amundi increased its holdings in Rockwell Automation by 13.5% during the first quarter. Amundi now owns 998,374 shares of the industrial products company's stock valued at $358,296,000 after buying an additional 118,474 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in Rockwell Automation by 0.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 981,885 shares of the industrial products company's stock valued at $352,379,000 after buying an additional 3,886 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company's stock.

Analyst Upgrades and Downgrades

ROK has been the topic of several recent research reports. Mizuho decreased their price target on shares of Rockwell Automation from $445.00 to $430.00 and set a "neutral" rating on the stock in a research report on Thursday. Citigroup decreased their target price on Rockwell Automation from $555.00 to $536.00 and set a "buy" rating on the stock in a report on Wednesday, August 5th. Wells Fargo & Company started coverage on Rockwell Automation in a research report on Thursday, September 24th. They set an "equal weight" rating and a $426.00 target price on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on Rockwell Automation from $469.00 to $500.00 and gave the company a "hold" rating in a research report on Wednesday, September 30th. Finally, Robert W. Baird set a $514.00 target price on shares of Rockwell Automation in a 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $468.00.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $425.64 on Monday. The firm has a market cap of $47.27 billion, a price-to-earnings ratio of 39.89, a P/E/G ratio of 2.02 and a beta of 1.51. The firm has a fifty day moving average price of $432.23 and a 200 day moving average price of $439.83. Rockwell Automation, Inc. has a fifty-two week low of $343.81 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 - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous 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. As a group, sell-side analysts expect that Rockwell Automation, Inc. will post 13.26 earnings per share for the current fiscal year.

Insider Buying and Selling at Rockwell Automation

In related news, SVP Matheus De A. G. Viera Bulho sold 467 shares of Rockwell Automation stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $426.96, for a total value of $199,390.32. Following the completion of the transaction, the senior vice president owned 1,267 shares in the company, valued at approximately $540,958.32. This trade represents a 26.93% decrease in their ownership of the stock. 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. Also, VP Isaac Woods sold 154 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $432.62, for a total value of $66,623.48. Following the completion of the sale, the vice president directly owned 1,858 shares of the company's stock, valued at $803,807.96. The trade was a 7.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 ninety days, insiders sold 2,711 shares of company stock valued at $1,164,880. 0.76% of the stock is owned by company insiders.

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 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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