Van Lanschot Kempen Investment Management N.V. Sells 2,507 Shares of Rockwell Automation, Inc. (NYSE:ROK)

Van Lanschot Kempen Investment Management N.V. lessened its position in Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 5.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,008 shares of the industrial products company's stock after selling 2,507 shares during the period. Van Lanschot Kempen Investment Management N.V.'s holdings in Rockwell Automation were worth $12,863,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ROK. MCF Advisors LLC increased its stake in Rockwell Automation by 95.8% during the 4th quarter. MCF Advisors LLC now owns 2,332 shares of the industrial products company's stock worth $667,000 after purchasing an additional 1,141 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in shares of Rockwell Automation by 99.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 5,187 shares of the industrial products company's stock worth $1,482,000 after acquiring an additional 2,582 shares during the period. Nordea Investment Management AB lifted its stake in Rockwell Automation by 5.9% in the 4th quarter. Nordea Investment Management AB now owns 462,537 shares of the industrial products company's stock valued at $132,554,000 after purchasing an additional 25,882 shares during the last quarter. Signal Advisors Wealth LLC raised its stake in shares of Rockwell Automation by 12.5% during the fourth quarter. Signal Advisors Wealth LLC now owns 946 shares of the industrial products company's stock valued at $270,000 after acquiring an additional 105 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in shares of Rockwell Automation by 357.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 37,239 shares of the industrial products company's stock valued at $10,643,000 after purchasing an additional 29,105 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on ROK. Oppenheimer increased their price target on Rockwell Automation from $300.00 to $320.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Loop Capital increased their price objective on Rockwell Automation from $260.00 to $280.00 and gave the company a "hold" rating in a research note on Tuesday, February 25th. Barclays decreased their price objective on Rockwell Automation from $280.00 to $260.00 and set an "equal weight" rating for the company in a report on Thursday, April 10th. Morgan Stanley raised their price target on Rockwell Automation from $335.00 to $345.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Finally, Citigroup decreased their price objective on shares of Rockwell Automation from $350.00 to $283.00 and set a "buy" rating for the company in a report on Monday, April 14th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Rockwell Automation presently has a consensus rating of "Hold" and a consensus target price of $297.11.

Insider Buying and Selling

In related news, VP Terry L. Riesterer sold 850 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $300.21, for a total value of $255,178.50. Following the sale, the vice president now directly owns 1,633 shares in the company, valued at $490,242.93. This trade represents a 34.23 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Matheus De A. G. Viera Bulho sold 293 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $257.68, for a total transaction of $75,500.24. Following the completion of the sale, the senior vice president now owns 1,922 shares in the company, valued at $495,260.96. This represents a 13.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,750 shares of company stock valued at $1,075,923. Corporate insiders own 0.68% of the company's stock.

Rockwell Automation Trading Down 0.1 %

Shares of Rockwell Automation stock traded down $0.29 during mid-day trading on Friday, hitting $248.25. 511,449 shares of the stock were exchanged, compared to its average volume of 870,139. The company has a 50-day simple moving average of $257.14 and a 200 day simple moving average of $274.45. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $308.70. The stock has a market capitalization of $28.07 billion, a price-to-earnings ratio of 30.92, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39.

Rockwell Automation (NYSE:ROK - Get Free Report) last announced its earnings results on Monday, February 10th. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.22. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%. Research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 19th will be issued a dividend of $1.31 per share. This represents a $5.24 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Monday, May 19th. Rockwell Automation's dividend payout ratio is 65.26%.

Rockwell Automation Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.