Pensionfund Dsm Netherlands buys $3.6 Million stake in Rockwell Automation (ROK)

Rockwell Automation (ROK) : Pensionfund Dsm Netherlands scooped up 4,300 additional shares in Rockwell Automation during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 32,300 shares of Rockwell Automation which is valued at $3.6 Million.Rockwell Automation makes up approximately 0.49% of Pensionfund Dsm Netherlands’s portfolio.

Other Hedge Funds, Including ,

On the company’s financial health, Rockwell Automation reported $1.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Jan 27, 2016. Analyst had a consensus of $1.33. The company had revenue of $1426.60 million for the quarter, compared to analysts expectations of $1382.11 million. The company’s revenue was down -9.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.64 EPS.

Many Wall Street Analysts have commented on Rockwell Automation. Rockwell Automation was Downgraded by Bernstein to ” Underperform” on Jan 28, 2016.

Rockwell Automation opened for trading at $111.81 and hit $113.49 on the upside on Monday, eventually ending the session at $111.98, with a gain of 0.44% or 0.49 points. The heightened volatility saw the trading volume jump to 5,76,211 shares. Company has a market cap of $14,717 M.

Rockwell Automation Inc. (Rockwell Automation) is a provider of industrial automation power control and information solutions that help manufacturers achieve a competitive advantage for their businesses. The Company operates in two segments: Architecture & Software which deals in hardware software and communication components of the organization and controls Products & Solutions that handles a portfolio of intelligent motor control and industrial control products application expertise and project management capabilities. In the United States Canada and certain other countries the Company sells primarily through the independent distributors in conjunction with its direct sales force. In the remaining countries the Company sells through a combination of its direct sales force.

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