Rockwell Automation, Inc. $ROK Shares Acquired by Allstate Corp

Key Points

• Allstate Corp more than doubled its stake in Rockwell Automation in the fourth quarter, buying 4,257 additional shares and bringing its total to 8,289 shares worth about $3.23 million.
• Insider selling has continued, with SVP Matthew W. Fordenwalt and VP John M. Miller both selling shares under pre-arranged 10b5-1 plans; insiders have sold 11,713 shares over the last three months.
• Rockwell Automation recently reported better-than-expected quarterly results, beating EPS and revenue estimates, and it also raised its FY2026 guidance to $12.50-$13.10 EPS while maintaining a quarterly dividend of $1.38 per share.

Allstate Corp lifted its stake in shares of Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 105.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,289 shares of the industrial products company's stock after buying an additional 4,257 shares during the quarter. Allstate Corp's holdings in Rockwell Automation were worth $3,225,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in ROK. Northwestern Mutual Wealth Management Co. grew its position in shares of Rockwell Automation by 5,925.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 906,192 shares of the industrial products company's stock worth $352,572,000 after buying an additional 891,153 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Rockwell Automation by 122.3% during the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company's stock worth $286,522,000 after purchasing an additional 451,038 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in Rockwell Automation by 1,666.2% during the third quarter. Balyasny Asset Management L.P. now owns 321,722 shares of the industrial products company's stock worth $112,451,000 after purchasing an additional 303,506 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Rockwell Automation by 126.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 321,964 shares of the industrial products company's stock worth $112,536,000 after purchasing an additional 179,606 shares during the last quarter. Finally, Schroder Investment Management Group lifted its stake in Rockwell Automation by 167.2% during the third quarter. Schroder Investment Management Group now owns 260,172 shares of the industrial products company's stock worth $89,637,000 after purchasing an additional 162,805 shares during the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rockwell Automation

In related news, SVP Matthew W. Fordenwalt sold 600 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $449.58, for a total transaction of $269,748.00. Following the transaction, the senior vice president owned 4,437 shares of the company's stock, valued at $1,994,786.46. This represents a 11.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the company's stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. This represents a 15.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 11,713 shares of company stock valued at $5,066,717. Corporate insiders own 0.76% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Robert W. Baird decreased their target price on Rockwell Automation from $435.00 to $410.00 and set an "outperform" rating for the company in a research note on Monday, March 30th. The Goldman Sachs Group boosted their target price on Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. TD Cowen boosted their target price on Rockwell Automation from $350.00 to $400.00 and gave the stock a "hold" rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. boosted their target price on Rockwell Automation from $404.00 to $417.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 6th. Finally, KeyCorp boosted their target price on Rockwell Automation from $470.00 to $510.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $449.16.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $456.34 on Thursday. Rockwell Automation, Inc. has a 12 month low of $305.44 and a 12 month high of $463.48. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The business has a 50 day simple moving average of $404.94 and a 200-day simple moving average of $400.61. The stock has a market capitalization of $50.78 billion, a PE ratio of 47.44, a price-to-earnings-growth ratio of 2.92 and a beta of 1.56.

Rockwell Automation (NYSE:ROK - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business had revenue of $2.24 billion during the quarter, compared to analysts' expectations of $2.16 billion. During the same quarter in the prior year, the business earned $2.45 earnings per share. The company's quarterly revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities analysts predict that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, May 18th. Rockwell Automation's dividend payout ratio is 57.38%.

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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