NewEdge Advisors LLC purchased 13,425 additional shares of Rockwell Automation, Inc. during the second quarter. This represents a 38.9% increase in holdings. Total ownership now stands at 47,895 shares. The position is valued at approximately $23.7 million.
Rockwell Automation reported quarterly earnings of $3.49 per share. Revenue reached $2.31 billion, exceeding analyst expectations. The company achieved a 7.9% year-over-year revenue increase.
Management reaffirmed its fiscal 2026 earnings per share guidance. The company authorized a new $1 billion share repurchase program. Institutional investors now control 75.75% of the company's outstanding stock.