UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stock Holdings in Rockwell Automation, Inc. $ROK

Key Points

• UBS Asset Management reduced its Rockwell Automation stake by 6.4% in the second quarter, selling 74,067 shares and retaining 1.07 million shares worth approximately $532 million. Institutional investors and hedge funds collectively own 75.75% of the company.
• Analysts maintain a broadly cautious outlook, with nine Buy ratings and twelve Holds producing a consensus rating of Hold and an average price target of $468.19.
• Rockwell reported quarterly adjusted earnings of $3.49 per share and revenue of $2.31 billion, exceeding estimates, while also declaring a $1.38 quarterly dividend and authorizing a $1 billion share-repurchase program.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 6.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,074,596 shares of the industrial products company's stock after selling 74,067 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.97% of Rockwell Automation worth $532,011,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. New Mexico Educational Retirement Board increased its stake in shares of Rockwell Automation by 7.7% during the 2nd quarter. New Mexico Educational Retirement Board now owns 5,576 shares of the industrial products company's stock valued at $2,761,000 after acquiring an additional 400 shares during the last quarter. Mufg Securities Americas Inc. boosted its position in shares of Rockwell Automation by 7.8% in the second quarter. Mufg Securities Americas Inc. now owns 3,352 shares of the industrial products company's stock worth $1,660,000 after acquiring an additional 243 shares during the last quarter. Nissay Asset Management Corp Japan boosted its position in shares of Rockwell Automation by 63.4% in the second quarter. Nissay Asset Management Corp Japan now owns 67,367 shares of the industrial products company's stock worth $33,352,000 after acquiring an additional 26,127 shares during the last quarter. BNP Paribas grew its holdings in Rockwell Automation by 15.3% in the second quarter. BNP Paribas now owns 8,595 shares of the industrial products company's stock valued at $4,190,000 after purchasing an additional 1,143 shares during the period. Finally, Hsbc Holdings PLC grew its stake in shares of Rockwell Automation by 16.3% during the 2nd quarter. Hsbc Holdings PLC now owns 472,888 shares of the industrial products company's stock valued at $233,964,000 after buying an additional 66,302 shares during the period. 75.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ROK shares. DA Davidson reduced their target price on Rockwell Automation from $500.00 to $490.00 and set a "neutral" rating on the stock in a report on Friday, August 21st. JPMorgan Chase & Co. upped their price target on Rockwell Automation from $404.00 to $417.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 6th. Citigroup cut their price objective on Rockwell Automation from $555.00 to $536.00 and set a "buy" rating on the stock in a report on Wednesday, August 5th. Evercore set a $485.00 target price on Rockwell Automation in a report on Wednesday, August 5th. Finally, Morgan Stanley reissued an "overweight" rating and set a $525.00 target price on shares of Rockwell Automation in a research report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $468.19.

Insider Buying and Selling at Rockwell Automation

In other news, CFO Christian E. Rothe sold 590 shares of Rockwell Automation stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the sale, the chief financial officer owned 10,429 shares in the company, valued at $4,529,314.70. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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. Also, Director Patricia A. Watson sold 1,100 shares of the company's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $431.43, for a total transaction of $474,573.00. Following the completion of the transaction, the director owned 6,385 shares of the company's stock, valued at $2,754,680.55. This trade represents a 14.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,285 shares of company stock valued at $1,003,904 over the last 90 days. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Stock Down 0.0%

Shares of Rockwell Automation stock opened at $430.73 on Monday. Rockwell Automation, Inc. has a twelve month low of $332.71 and a twelve month high of $497.36. The stock has a market cap of $47.83 billion, a price-to-earnings ratio of 40.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.54. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $458.33 and a 200 day moving average price of $427.43.

Rockwell Automation (NYSE:ROK - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period last year, the company posted $2.82 earnings per share. The firm's revenue 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. Equities research analysts forecast that Rockwell Automation, Inc. will post 13.21 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, August 17th. Rockwell Automation's dividend payout ratio is currently 51.73%.

Rockwell Automation declared that its board has approved a stock buyback program on Tuesday, June 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Rockwell Automation 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.

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