Primecap Management Co. CA reduced its stake in Rockwell Automation, Inc. by 1.3% in the third quarter, selling 4,920 shares of the industrial products company’s stock. Despite Primecap’s reduction, other institutional investors increased their holdings, and insiders have also sold a significant amount of shares. Rockwell Automation recently exceeded analyst consensus for its quarterly earnings and declared a quarterly dividend, maintaining a “Moderate Buy” average rating from analysts.
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Rockwell Automation, Inc. $ROK Shares Sold by Primecap Management Co. CA
Primecap Management Co. CA reduced its stake in Rockwell Automation, Inc. by 1.3% in the third quarter, selling 4,920 shares of the industrial products company’s stock. Despite Primecap’s reduction, other institutional investors increased their holdings, and insiders have also sold a significant amount of shares. Rockwell Automation recently exceeded analyst consensus for its quarterly earnings and declared a quarterly dividend, maintaining a “Moderate Buy” average rating from analysts.