Strs Ohio Sells 20,195 Shares of Rockwell Automation, Inc. $ROK

Key Points

• Strs Ohio cut its Rockwell Automation stake by 21.1%, selling 20,195 shares and now holding 75,511 shares valued at about $29.38 million.
• Rockwell beat expectations for the quarter with EPS $2.75 vs. $2.46 expected and revenue of $2.11 billion vs. $2.08 billion, and set FY2026 guidance of 11.400–12.200 EPS (consensus ~12.14).
• The company declared a quarterly dividend of $1.38 (annualized $5.52) with an ex-dividend date of May 18 and a yield of about 1.4%.

Strs Ohio cut its position in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 21.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,511 shares of the industrial products company's stock after selling 20,195 shares during the quarter. Strs Ohio owned 0.07% of Rockwell Automation worth $29,379,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROK. Addison Capital Co boosted its position in shares of Rockwell Automation by 5.4% during the 4th quarter. Addison Capital Co now owns 5,655 shares of the industrial products company's stock worth $2,200,000 after acquiring an additional 289 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its position in Rockwell Automation by 216.5% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 16,003 shares of the industrial products company's stock valued at $6,226,000 after purchasing an additional 10,947 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in Rockwell Automation during the fourth quarter worth $37,001,000. Horizon Investments LLC lifted its stake in Rockwell Automation by 740.4% during the fourth quarter. Horizon Investments LLC now owns 18,597 shares of the industrial products company's stock worth $7,236,000 after purchasing an additional 16,384 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC boosted its holdings in shares of Rockwell Automation by 2.4% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,202 shares of the industrial products company's stock valued at $468,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 75.75% of the company's stock.

Rockwell Automation Stock Down 0.1%

Shares of ROK opened at $408.35 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. Rockwell Automation, Inc. has a 52 week low of $250.32 and a 52 week high of $438.72. The stock has a market capitalization of $45.88 billion, a price-to-earnings ratio of 46.72, a PEG ratio of 2.91 and a beta of 1.56. The stock has a fifty day moving average of $383.62 and a 200-day moving average of $389.58.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping analysts' consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the previous year, the company posted $1.83 EPS. Rockwell Automation's quarterly revenue 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. As a group, sell-side analysts anticipate that Rockwell Automation, Inc. will post 12.14 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, May 18th. Rockwell Automation's payout ratio is 63.16%.

Insider Buying and Selling

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 shares were sold at an average price of $404.27, for a total transaction of $4,891,667.00. Following the sale, the senior vice president directly owned 12,200 shares of the company's stock, valued at $4,932,094. The trade was a 49.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Isaac Woods sold 1,271 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $405.69, for a total transaction of $515,631.99. Following the completion of the transaction, the vice president owned 1,687 shares of the company's stock, valued at approximately $684,399.03. This trade represents a 42.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 51,375 shares of company stock valued at $20,828,717 over the last three months. Insiders own 0.76% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ROK shares. Weiss Ratings upgraded Rockwell Automation from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, March 25th. JPMorgan Chase & Co. raised their price objective on Rockwell Automation from $400.00 to $404.00 and gave the company a "neutral" rating in a research note on Friday, January 16th. Mizuho lifted their target price on Rockwell Automation from $380.00 to $400.00 and gave the company a "neutral" rating in a research report on Friday, February 6th. The Goldman Sachs Group lowered their target price on Rockwell Automation from $458.00 to $448.00 and set a "neutral" rating for the company in a research note on Tuesday, April 7th. Finally, TD Cowen raised their price target on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a "hold" rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $406.67.

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.

Want to see what other hedge funds are holding ROK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rockwell Automation, Inc. (NYSE:ROK - Free Report).

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.