Robertson Stephens Expands Industrial Portfolio
Robertson Stephens Wealth Management acquired 1,170 shares of Rockwell Automation during Q2. The purchase was worth around $389,000, according to SEC filings. The move highlights growing investor interest in industrial automation and digital transformation leaders.
Institutional Investors Boost Confidence in Rockwell
Other major investors also increased their Rockwell holdings. Robeco Institutional Asset Management lifted its stake by 720%, now holding 399,309 shares valued at $132.6 million. Great Lakes Advisors, Nuveen, and Raymond James Financial each opened or expanded positions worth tens of millions. Assenagon Asset Management surged its investment by nearly 2,000%, reaching 202,788 shares valued at $67.4 million. In total, institutional investors now own 75.75% of Rockwell’s stock, reinforcing strong confidence in its long-term growth.
Insider Sales Reflect Strategic Rebalancing
CEO Blake Moret sold 24,400 shares on September 11 at an average price of $350.13, totaling $8.54 million. Director James Keane sold 3,000 shares at $356.06, worth $1.07 million. Company insiders sold a combined 31,922 shares valued at $11.19 million last quarter. Despite these sales, executives continue to hold significant stakes in the company.
Rockwell Shares Ease but Maintain Strength
Rockwell’s stock traded down 2.6% to $333.79 on Friday. The company maintains strong financials, with a debt-to-equity ratio of 0.72 and a quick ratio of 0.72. Its market cap stands at $37.53 billion. The firm posted a 12-month high of $360.92 and a low of $215.00, reflecting steady investor demand.
Earnings Beat Analyst Expectations
In its latest quarter, Rockwell reported earnings of $2.82 per share, topping estimates by $0.15. Revenue reached $2.14 billion, up 4.5% year-over-year. Net margin hit 12.03%, and return on equity climbed to 30.14%. Analysts expect full-year EPS of 9.35, underscoring strong profitability and operational efficiency.
Analysts Maintain Bullish Outlook
Analysts remain optimistic about Rockwell’s outlook. Barclays raised its target to $370, while Bank of America upgraded to “Buy” with a $410 target. Stephens, KeyCorp, and Citigroup reaffirmed positive ratings, citing strong demand for automation solutions. Overall, the stock carries a “Moderate Buy” consensus with an average target of $340.68.
Driving the Future of Industrial Automation
Rockwell Automation continues to expand across North America, EMEA, and Asia Pacific. Its Intelligent Devices, Software & Control, and Lifecycle Services segments help manufacturers modernize production. As digital transformation accelerates, Rockwell stands at the center of the next industrial revolution.