Rockwell Automation, Inc. $ROK Shares Sold by LGT Group Foundation

Key Points

• LGT Group Foundation cut its stake in Rockwell Automation by 15.5%, selling 3,568 shares and holding 19,495 shares valued at about $6.81 million at quarter-end.
• Significant insider selling occurred: SVP Rebecca W. House sold 12,100 shares for roughly $4.89 million, and insiders disposed of 61,481 shares worth $24.92 million over the last quarter (insiders now own 0.76%).
• Rockwell beat quarterly expectations with $2.75 EPS (revenue +11.9% YoY) and set FY2026 guidance of $11.40–$12.20 EPS; analysts have an average rating of "Moderate Buy" and an average target of $418.33, with several top firms raising targets up to $470.00.

LGT Group Foundation cut its stake in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 15.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,495 shares of the industrial products company's stock after selling 3,568 shares during the period. LGT Group Foundation's holdings in Rockwell Automation were worth $6,810,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC raised its position in Rockwell Automation by 7.1% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company's stock valued at $154,000 after purchasing an additional 29 shares in the last quarter. Equitable Trust Co. boosted its stake in shares of Rockwell Automation by 1.1% in the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company's stock valued at $908,000 after buying an additional 29 shares during the period. J. Safra Sarasin Holding AG grew its position in shares of Rockwell Automation by 2.2% during the third quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company's stock worth $484,000 after buying an additional 30 shares in the last quarter. Fragasso Financial Advisors Inc grew its position in shares of Rockwell Automation by 3.6% during the third quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company's stock worth $315,000 after buying an additional 31 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of Rockwell Automation by 3.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company's stock worth $355,000 after buying an additional 32 shares during the period. 75.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Barclays raised their target price on shares of Rockwell Automation from $435.00 to $450.00 and gave the company an "overweight" rating in a report on Wednesday, January 7th. Morgan Stanley reissued an "overweight" rating and issued a $460.00 price objective on shares of Rockwell Automation in a research report on Sunday, February 8th. KeyCorp restated an "overweight" rating and issued a $470.00 price objective on shares of Rockwell Automation in a report on Friday, February 6th. TD Cowen lifted their price objective on shares of Rockwell Automation from $330.00 to $350.00 and gave the stock a "hold" rating in a research report on Friday, February 20th. Finally, Robert W. Baird set a $430.00 target price on shares of Rockwell Automation in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $418.33.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Rebecca W. House sold 12,100 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $404.27, for a total value of $4,891,667.00. Following the completion of the sale, the senior vice president owned 12,200 shares in the company, valued at approximately $4,932,094. The trade was a 49.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Isaac Woods sold 1,271 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $405.69, for a total value of $515,631.99. Following the completion of the sale, the vice president directly owned 1,687 shares of the company's stock, valued at $684,399.03. The trade was a 42.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 61,481 shares of company stock worth $24,918,602. Insiders own 0.76% of the company's stock.

Rockwell Automation Stock Performance

Shares of Rockwell Automation stock opened at $375.53 on Tuesday. 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, Inc. has a 52 week low of $215.00 and a 52 week high of $438.72. The firm's 50 day moving average is $406.04 and its two-hundred day moving average is $380.43. The firm has a market capitalization of $42.19 billion, a P/E ratio of 42.97, a P/E/G ratio of 2.64 and a beta of 1.53.

Rockwell Automation (NYSE:ROK - Get Free Report) last posted 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 firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same period last year, the firm posted $1.83 EPS. The company's revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

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

Rockwell Automation Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.