Robeco Institutional Asset Management B.V. Sells 3,078 Shares of Rockwell Automation, Inc. (NYSE:ROK)

Robeco Institutional Asset Management B.V. lessened its stake in shares of Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 7.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 38,624 shares of the industrial products company's stock after selling 3,078 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Rockwell Automation were worth $11,038,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Accredited Investors Inc. boosted its position in shares of Rockwell Automation by 162,058.5% in the third quarter. Accredited Investors Inc. now owns 1,185,379 shares of the industrial products company's stock valued at $318,227,000 after acquiring an additional 1,184,648 shares during the period. International Assets Investment Management LLC increased its holdings in shares of Rockwell Automation by 29,591.7% in the third quarter. International Assets Investment Management LLC now owns 936,178 shares of the industrial products company's stock worth $251,326,000 after buying an additional 933,025 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Rockwell Automation by 33.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,556,292 shares of the industrial products company's stock valued at $417,802,000 after acquiring an additional 390,784 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Rockwell Automation by 6.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,128,811 shares of the industrial products company's stock worth $303,041,000 after purchasing an additional 67,684 shares during the last quarter. Finally, Natixis Advisors LLC raised its stake in shares of Rockwell Automation by 97.4% during the third quarter. Natixis Advisors LLC now owns 119,961 shares of the industrial products company's stock valued at $32,205,000 after acquiring an additional 59,203 shares during the last quarter. Institutional investors own 75.75% of the company's stock.

Insiders Place Their Bets

In other news, VP John M. Miller sold 467 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $284.07, for a total value of $132,660.69. Following the transaction, the vice president now owns 4,800 shares of the company's stock, valued at approximately $1,363,536. The trade was a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Isaac Woods sold 895 shares of the business's stock in a transaction on Friday, January 10th. The stock was sold at an average price of $274.72, for a total transaction of $245,874.40. Following the sale, the vice president now owns 1,198 shares in the company, valued at $329,114.56. The trade was 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 35,857 shares of company stock valued at $10,678,037. 0.68% of the stock is currently owned by insiders.

Rockwell Automation Stock Up 0.0 %

NYSE ROK traded up $0.02 during trading hours on Wednesday, hitting $270.36. The company's stock had a trading volume of 772,912 shares, compared to its average volume of 692,200. The company has a market capitalization of $30.56 billion, a PE ratio of 32.65, a price-to-earnings-growth ratio of 3.00 and a beta of 1.35. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a 52 week low of $242.81 and a 52 week high of $304.29. The company's 50-day simple moving average is $287.28 and its two-hundred day simple moving average is $275.09.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The industrial products company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.40 by $0.07. Rockwell Automation had a net margin of 11.53% and a return on equity of 30.42%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same quarter in the prior year, the firm earned $3.64 EPS. The business's revenue for the quarter was down 20.6% compared to the same quarter last year. Research analysts anticipate that Rockwell Automation, Inc. will post 9.32 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 18th will be given a dividend of $1.31 per share. This represents a $5.24 dividend on an annualized basis and a yield of 1.94%. Rockwell Automation's payout ratio is currently 63.29%.

Analyst Ratings Changes

ROK has been the topic of several recent analyst reports. UBS Group assumed coverage on shares of Rockwell Automation in a research report on Wednesday, November 13th. They set a "neutral" rating and a $313.00 price objective on the stock. Mizuho lifted their price objective on shares of Rockwell Automation from $245.00 to $270.00 and gave the stock a "neutral" rating in a research note on Thursday, October 17th. HSBC raised Rockwell Automation from a "hold" rating to a "buy" rating and set a $355.00 price objective on the stock in a research report on Wednesday, December 11th. JPMorgan Chase & Co. dropped their price objective on Rockwell Automation from $245.00 to $240.00 and set an "underweight" rating on the stock in a research note on Wednesday, January 15th. Finally, Jefferies Financial Group upgraded shares of Rockwell Automation from a "hold" rating to a "buy" rating and boosted their price target for the company from $290.00 to $350.00 in a report on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $304.16.

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.