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flag Rockwell Automation sees increased institutional investment, raises dividend, and initiates stock buyback program.

flag Bank of Montreal Can and several other institutional investors have increased their stock positions in Rockwell Automation (NYSE:ROK). flag The company recently reported earnings of $2.47 per share, exceeding analyst expectations. flag Rockwell Automation has initiated a $1 billion stock buyback program and raised its quarterly dividend to $1.31 per share. flag Institutional investors now own 75.75% of the company's stock. flag Rockwell Automation's market cap is $33.30 billion, with a P/E ratio of 35.62.

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