Rockwell Automation, Inc. $ROK Shares Purchased by Gotham Asset Management LLC

Key Points

• Gotham Asset Management increased its stake in Rockwell Automation by 137.6% in the third quarter, buying 49,566 shares to own 85,579 shares (about 0.08% of the company) worth roughly $29.9 million.
• Rockwell beat quarterly expectations, reporting $2.75 EPS versus $2.46 expected and $2.11 billion in revenue (up 11.9% year-over-year), and set FY2026 guidance of about $11.40–$12.20 EPS.
• Insiders sold

Gotham Asset Management LLC boosted its stake in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 137.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 85,579 shares of the industrial products company's stock after buying an additional 49,566 shares during the quarter. Gotham Asset Management LLC owned approximately 0.08% of Rockwell Automation worth $29,912,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of ROK. Brighton Jones LLC purchased a new stake in Rockwell Automation during the 4th quarter worth about $281,000. AQR Capital Management LLC grew its holdings in shares of Rockwell Automation by 75.9% during the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company's stock worth $2,059,000 after buying an additional 3,513 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Rockwell Automation by 142.7% during the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company's stock worth $1,887,000 after buying an additional 4,295 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Rockwell Automation by 233.6% in the first quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company's stock valued at $484,000 after buying an additional 1,315 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in shares of Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company's stock valued at $39,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 75.75% of the company's stock.

Rockwell Automation Price Performance

ROK opened at $363.98 on Tuesday. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $438.72. The company has a 50 day moving average of $403.14 and a two-hundred day moving average of $380.95. The company has a market cap of $40.90 billion, a P/E ratio of 41.65, a P/E/G ratio of 2.58 and a beta of 1.53. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating analysts' consensus estimates of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the firm posted $1.83 EPS. The business's revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd were given a $1.38 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. Rockwell Automation's dividend payout ratio is presently 63.16%.

Analysts Set New Price Targets

Several analysts have commented on ROK shares. Zacks Research cut shares of Rockwell Automation from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 12th. KeyCorp reaffirmed an "overweight" rating and issued a $470.00 price objective on shares of Rockwell Automation in a research report on Friday, February 6th. Bank of America upped their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a "buy" rating in a research note on Thursday, November 20th. Rothschild & Co Redburn increased their target price on Rockwell Automation from $335.00 to $365.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 21st. Finally, Barclays increased their price objective on shares of Rockwell Automation from $435.00 to $450.00 and gave the stock an "overweight" rating in a report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $418.33.

Insiders Place Their Bets

In other news, SVP Christopher Nardecchia sold 14,465 shares of Rockwell Automation 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 owned 14,232 shares in the company, valued at $5,835,262.32. This trade represents a 50.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $404.21, for a total transaction of $485,052.00. Following the transaction, the senior vice president directly owned 4,437 shares in the company, valued at approximately $1,793,479.77. The trade was a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 49,228 shares of company stock valued at $19,992,391. Company insiders own 0.76% of the company's stock.

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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