MUFG Securities EMEA plc Invests $11.12 Million in Rockwell Automation (NYSE:ROK)

MUFG Securities EMEA plc bought a new stake in Rockwell Automation (NYSE:ROK) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 67,868 shares of the industrial products company’s stock, valued at approximately $11,119,000. MUFG Securities EMEA plc owned about 0.06% of Rockwell Automation as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ROK. Zions Bancorporation N.A. acquired a new position in shares of Rockwell Automation during the first quarter worth about $26,000. Coastal Capital Group Inc. bought a new stake in Rockwell Automation during the second quarter worth $25,000. Thor Advisors LLC acquired a new stake in shares of Rockwell Automation in the 1st quarter valued at $29,000. TCG Advisors LP acquired a new stake in Rockwell Automation in the first quarter valued at about $29,000. Finally, Capital Advisors Ltd. LLC boosted its stake in Rockwell Automation by 426.5% in the second quarter. Capital Advisors Ltd. LLC now owns 179 shares of the industrial products company’s stock valued at $29,000 after buying an additional 145 shares in the last quarter. 72.99% of the stock is currently owned by hedge funds and other institutional investors.

In related news, VP John M. Miller sold 3,250 shares of the company’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $163.67, for a total value of $531,927.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Blake D. Moret sold 297 shares of the stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $161.53, for a total value of $47,974.41. The disclosure for this sale can be found here. 1.43% of the stock is owned by corporate insiders.



NYSE ROK traded down $1.25 during trading on Wednesday, hitting $162.62. 619,668 shares of the company’s stock traded hands, compared to its average volume of 728,323. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.17 and a current ratio of 1.51. The stock has a market capitalization of $18.95 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 2.40 and a beta of 1.41. Rockwell Automation has a 12-month low of $141.46 and a 12-month high of $198.23. The business has a 50 day moving average of $154.80 and a 200-day moving average of $165.80.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, July 25th. The industrial products company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.11. Rockwell Automation had a net margin of 15.44% and a return on equity of 78.71%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter last year, the company earned $2.16 earnings per share. The company’s revenue was down 2.0% on a year-over-year basis. On average, analysts expect that Rockwell Automation will post 8.63 EPS for the current year.

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. set a $154.00 target price on shares of Rockwell Automation and gave the stock a “hold” rating in a report on Friday, July 19th. Morgan Stanley reduced their price target on shares of Rockwell Automation from $159.00 to $144.00 and set an “underweight” rating for the company in a research report on Friday, June 14th. Gordon Haskett lowered shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Wednesday. Gabelli upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $160.00 price objective on the stock in a report on Wednesday, May 29th. Finally, Barclays dropped their price objective on shares of Rockwell Automation from $164.00 to $162.00 and set an “equal weight” rating on the stock in a research note on Monday, July 1st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $173.33.

Rockwell Automation Company Profile

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.

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

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