Rockwell Automation, Inc. $ROK Shares Bought by Tema Etfs LLC

by · The Markets Daily

Tema Etfs LLC increased its stake in Rockwell Automation, Inc. (NYSE:ROK – Free Report) by 10.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,232 shares of the industrial products company’s stock after acquiring an additional 2,798 shares during the quarter. Rockwell Automation makes up 0.9% of Tema Etfs LLC’s holdings, making the stock its 17th largest holding. Tema Etfs LLC’s holdings in Rockwell Automation were worth $10,567,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capital Investment Advisors LLC lifted its stake in Rockwell Automation by 5.7% in the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after acquiring an additional 119 shares during the last quarter. Patton Fund Management Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at $294,000. Brighton Jones LLC bought a new stake in Rockwell Automation in the fourth quarter worth $281,000. Schroder Investment Management Group boosted its holdings in Rockwell Automation by 796.0% in the second quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock worth $32,342,000 after purchasing an additional 86,500 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new position in Rockwell Automation during the first quarter worth $293,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ROK. Evercore ISI initiated coverage on Rockwell Automation in a research report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price target for the company. Zacks Research raised Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Jefferies Financial Group boosted their target price on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Finally, Robert W. Baird lifted their price target on shares of Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $406.13.

Read Our Latest Research Report on Rockwell Automation

Rockwell Automation Stock Performance

ROK opened at $410.56 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock’s 50 day moving average price is $391.60 and its two-hundred day moving average price is $362.37. The firm has a market capitalization of $46.09 billion, a P/E ratio of 53.60, a price-to-earnings-growth ratio of 2.75 and a beta of 1.52. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $415.89.

Rockwell Automation (NYSE:ROK – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating the consensus estimate of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.Rockwell Automation’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were issued a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s payout ratio is currently 72.06%.

Insider Buying and Selling

In related news, SVP Cyril Perducat sold 804 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.05, for a total transaction of $323,248.20. Following the sale, the senior vice president directly owned 5,858 shares of the company’s stock, valued at $2,355,208.90. This trade represents a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 476 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total value of $191,361.52. Following the sale, the senior vice president directly owned 2,401 shares in the company, valued at approximately $965,250.02. This trade represents a 16.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 88,053 shares of company stock worth $34,718,919. 0.76% of the stock is currently owned by corporate insiders.

Rockwell Automation Profile

(Free Report)

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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