Delpha Capital Management LLC Increases Position in Rockwell Automation (ROK)

Delpha Capital Management LLC boosted its holdings in shares of Rockwell Automation (NYSE:ROK) by 584.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,424 shares of the industrial products company’s stock after acquiring an additional 1,216 shares during the period. Delpha Capital Management LLC’s holdings in Rockwell Automation were worth $248,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ROK. American Century Companies Inc. boosted its position in shares of Rockwell Automation by 2,454.0% during the first quarter. American Century Companies Inc. now owns 395,133 shares of the industrial products company’s stock worth $68,832,000 after purchasing an additional 379,662 shares in the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of Rockwell Automation by 83.3% during the fourth quarter. UBS Asset Management Americas Inc. now owns 741,547 shares of the industrial products company’s stock worth $145,603,000 after purchasing an additional 336,883 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Rockwell Automation by 26.5% during the fourth quarter. Schroder Investment Management Group now owns 926,562 shares of the industrial products company’s stock worth $181,931,000 after purchasing an additional 193,854 shares in the last quarter. Millennium Management LLC boosted its position in shares of Rockwell Automation by 281.0% during the fourth quarter. Millennium Management LLC now owns 256,794 shares of the industrial products company’s stock worth $50,422,000 after purchasing an additional 189,397 shares in the last quarter. Finally, Eaton Vance Management boosted its position in shares of Rockwell Automation by 61.0% during the first quarter. Eaton Vance Management now owns 405,726 shares of the industrial products company’s stock worth $70,677,000 after purchasing an additional 153,672 shares in the last quarter. 73.17% of the stock is owned by hedge funds and other institutional investors.

ROK has been the topic of a number of recent analyst reports. Barclays reduced their price target on shares of Rockwell Automation from $200.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Monday, March 26th. Zacks Investment Research cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, March 27th. Stifel Nicolaus reduced their price target on shares of Rockwell Automation from $180.00 to $173.00 and set a “hold” rating on the stock in a research report on Thursday, April 26th. Wells Fargo & Co raised shares of Rockwell Automation from a “market perform” rating to an “outperform” rating and set a $200.00 price target on the stock in a research report on Wednesday, March 28th. Finally, ValuEngine raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Saturday, March 10th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. Rockwell Automation has a consensus rating of “Hold” and an average price target of $185.79.



In other news, SVP Sujeet Chand sold 4,900 shares of the business’s stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $182.46, for a total transaction of $894,054.00. Following the transaction, the senior vice president now directly owns 49,327 shares in the company, valued at approximately $9,000,204.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.28% of the stock is owned by insiders.

Shares of NYSE:ROK opened at $178.94 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.79 and a debt-to-equity ratio of 0.63. Rockwell Automation has a one year low of $155.81 and a one year high of $210.72. The stock has a market cap of $22.41 billion, a price-to-earnings ratio of 26.47, a price-to-earnings-growth ratio of 1.80 and a beta of 1.29.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Wednesday, April 25th. The industrial products company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.07. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.66 billion. Rockwell Automation had a net margin of 6.34% and a return on equity of 42.38%. Rockwell Automation’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.55 EPS. equities analysts forecast that Rockwell Automation will post 7.88 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 10th. Stockholders of record on Monday, August 13th will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Friday, August 10th. This represents a $3.68 annualized dividend and a dividend yield of 2.06%. Rockwell Automation’s dividend payout ratio is presently 54.44%.

About Rockwell Automation

Rockwell Automation Inc provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.

Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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