Rockwell Automation Shares Reduced by Alecta Tjanstepension

Alecta Cuts Rockwell Stake

Alecta Tjanstepension Omsesidigt trimmed its Rockwell Automation stake by 11% in Q2.
The Swedish pension fund sold 109,700 shares, holding 890,875 shares at quarter end.
Rockwell now represents 1.4% of Alecta’s portfolio and ranks as its 24th largest position.
The stake is valued at $295.8 million, giving Alecta 0.79% ownership in Rockwell.

Institutional Activity Builds

Goldman Sachs boosted its Rockwell holdings by 11.8% in Q1.
The firm owns 1.8 million shares worth $470.1 million after adding 191,370 shares.
Charles Schwab lifted its position slightly to 1.58 million shares worth $408.2 million.
Invesco increased its stake by 30,837 shares to 1.44 million shares valued at $374.2 million.
Northern Trust added 4,972 shares, bringing its total to 1.39 million shares.
UBS Asset Management also increased its position by 1% to 1.17 million shares.
Overall, institutional investors hold 75.75% of Rockwell Automation stock.

Analyst Sentiment Shifts

Oppenheimer lowered its Rockwell target price from $371 to $363 yet kept an "outperform" call.
CICC Research started coverage with an "outperform" rating and a $381 target.
Stephens raised its target to $375 with an "overweight" view.
Wells Fargo set a $345 target with an "equal weight" stance.
Citigroup lifted its target to $392 and reaffirmed a "buy" rating.
Currently, one analyst calls Rockwell a "Strong Buy," eleven rate it "Buy," six suggest "Hold," and one says "Sell."
MarketBeat data shows an average "Moderate Buy" rating and a $340.16 target.

Stock Performance Update

Rockwell shares slipped 0.2% to $347.78 in Friday trading.
The company’s market cap stands at $39.1 billion with a P/E ratio of 40.82.
Its 12-month low is $215, while its high reached $360.92.
Rockwell holds a quick ratio of 0.72 and a current ratio of 1.06.
Debt-to-equity stands at 0.72, signaling manageable leverage.
The 50-day average price is $346.16, above the 200-day average of $306.36.

Earnings Snapshot

Rockwell posted Q2 EPS of $2.82, beating estimates by $0.15.
Revenue reached $2.14 billion, topping analyst expectations of $2.07 billion.
Net margin stood at 12.03%, with return on equity at 30.14%.
Revenue grew 4.5% year over year, reflecting steady demand.
Analysts expect Rockwell to deliver $9.35 EPS this fiscal year.

Insider Selling Trends

CEO Blake Moret sold 24,400 shares for $8.54 million on September 11.
He now holds 83,873 shares worth about $29.4 million.
Vice President Terry Riesterer sold 269 shares worth $95,564 in July.
In the past 90 days, insiders sold 31,922 shares valued at $11.19 million.
Corporate insiders now own 0.68% of Rockwell shares.

Company Profile

Rockwell Automation delivers industrial automation and digital transformation solutions worldwide.
The company operates through Intelligent Devices, Software & Control, and Lifecycle Services segments.
Its offerings combine hardware, software, and services for connected and efficient operations.