Magnetar Financial LLC and
Acadian Asset Management LLC have both taken positions in
Rockwell Automation (ROK), with the latter purchasing 5,623 shares of the company.
Healthcare of Ontario Pension Plan Trust Fund has however trimmed its position in ROK while
Headlands Technologies LLC has started their investment in the company. The quarterly financial performance of ROK showed lower sales and profits, which might be the cause of their stock's underperformance as noted on several days. Major events include a new appointment of
Chief Financial Officer,
Christian Rothe, and collaboration agreement with
NVIDIA to boost manufacturing. They are also expanding their presence in India with a new manufacturing facility. On the front of renewable energy, ROK technology is helping develop innovative carbon-storage technology. However, a recent bearish note marked ROK as
'Bear of the Day' amidst various neutral coverage recommendations.
Rockwell Automation ROK News Analytics from Tue, 09 Jan 2024 08:00:00 GMT to Sun, 28 Jul 2024 20:42:58 GMT -
Rating -2
- Innovation 3
- Information 7
- Rumor 0
