Natixis Advisors LLC Has $48.05 Million Stock Holdings in Rockwell Automation, Inc. (NYSE:ROK)

Natixis Advisors LLC grew its stake in shares of Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 40.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 168,133 shares of the industrial products company's stock after acquiring an additional 48,172 shares during the period. Natixis Advisors LLC owned 0.15% of Rockwell Automation worth $48,051,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GSA Capital Partners LLP acquired a new position in Rockwell Automation during the 3rd quarter worth $912,000. CIBC Asset Management Inc lifted its position in Rockwell Automation by 12.9% during the 3rd quarter. CIBC Asset Management Inc now owns 19,104 shares of the industrial products company's stock worth $5,129,000 after acquiring an additional 2,189 shares during the last quarter. Empirical Finance LLC lifted its position in Rockwell Automation by 2.2% during the 3rd quarter. Empirical Finance LLC now owns 3,968 shares of the industrial products company's stock worth $1,065,000 after acquiring an additional 86 shares during the last quarter. Empowered Funds LLC lifted its position in Rockwell Automation by 14.0% during the 3rd quarter. Empowered Funds LLC now owns 6,938 shares of the industrial products company's stock worth $1,863,000 after acquiring an additional 851 shares during the last quarter. Finally, Coastline Trust Co acquired a new position in Rockwell Automation during the 3rd quarter worth $134,000. Institutional investors and hedge funds own 75.75% of the company's stock.

Rockwell Automation Price Performance

Rockwell Automation stock traded down $2.12 during trading hours on Thursday, hitting $257.91. 761,546 shares of the stock were exchanged, compared to its average volume of 822,981. Rockwell Automation, Inc. has a 12 month low of $242.81 and a 12 month high of $308.70. The business's 50-day moving average is $280.85 and its two-hundred day moving average is $278.55. The stock has a market capitalization of $29.16 billion, a P/E ratio of 32.12, a P/E/G ratio of 3.53 and a beta of 1.39. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.08.

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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 (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.22. Rockwell Automation had a net margin of 11.38% and a return on equity of 30.17%. Equities research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were given a dividend of $1.31 per share. The ex-dividend date was Tuesday, February 18th. This represents a $5.24 dividend on an annualized basis and a dividend yield of 2.03%. Rockwell Automation's payout ratio is 65.26%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ROK shares. HSBC upgraded shares of Rockwell Automation from a "hold" rating to a "buy" rating and set a $355.00 price objective on the stock in a report on Wednesday, December 11th. BNP Paribas downgraded shares of Rockwell Automation from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 11th. Citigroup boosted their price objective on shares of Rockwell Automation from $345.00 to $350.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Wells Fargo & Company boosted their price objective on shares of Rockwell Automation from $315.00 to $337.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group boosted their price objective on shares of Rockwell Automation from $257.00 to $290.00 and gave the stock a "sell" rating in a report on Tuesday, February 11th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, Rockwell Automation currently has an average rating of "Hold" and a consensus target price of $307.68.

Insider Transactions at Rockwell Automation

In related news, SVP Tessa M. Myers sold 1,231 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $285.43, for a total value of $351,364.33. Following the transaction, the senior vice president now directly owns 3,650 shares in the company, valued at $1,041,819.50. This represents a 25.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Isaac Woods sold 895 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $274.72, for a total transaction of $245,874.40. Following the completion of the transaction, the vice president now owns 1,198 shares in the company, valued at $329,114.56. This represents a 42.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,352 shares of company stock worth $1,246,298. Corporate insiders own 0.68% of the company's stock.

About Rockwell Automation

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.