Zacks Research Has Negative Outlook for ROK FY2027 Earnings

Rockwell Automation, Inc. (NYSE:ROK) – Research analysts at Zacks Research cut their FY2027 earnings per share estimates for Rockwell Automation in a research note issued on Monday, February 24th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $11.41 per share for the year, down from their prior estimate of $13.00. The consensus estimate for Rockwell Automation’s current full-year earnings is $9.35 per share.

Several other equities research analysts have also recently commented on ROK. UBS Group initiated coverage on Rockwell Automation in a research report on Wednesday, November 13th. They set a “neutral” rating and a $313.00 price objective on the stock. Robert W. Baird raised their price objective on Rockwell Automation from $305.00 to $315.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. Oppenheimer raised their price objective on Rockwell Automation from $300.00 to $320.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. Loop Capital raised their price objective on Rockwell Automation from $260.00 to $280.00 and gave the stock a “hold” rating in a research note on Tuesday. Finally, Wells Fargo & Company raised their price objective on Rockwell Automation from $315.00 to $337.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Rockwell Automation has a consensus rating of “Hold” and an average target price of $307.55.

Rockwell Automation Trading Down 0.5 %

Rockwell Automation stock opened at $287.38 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 0.72. Rockwell Automation has a one year low of $242.81 and a one year high of $308.70. The stock has a market capitalization of $32.49 billion, a PE ratio of 35.79, a price-to-earnings-growth ratio of 3.53 and a beta of 1.35. The business’s fifty day moving average is $286.13 and its 200 day moving average is $278.06.

Rockwell Automation (NYSE:ROK) last released its earnings results on Monday, February 10th. The industrial products company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.22. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%.

Hedge Funds Weigh In On Rockwell Automation

A number of large investors have recently bought and sold shares of the business. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in Rockwell Automation by 0.9% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,775 shares of the industrial products company’s stock valued at $1,079,000 after acquiring an additional 33 shares during the period. Whittier Trust Co. boosted its holdings in Rockwell Automation by 1.9% during the 4th quarter. Whittier Trust Co. now owns 1,896 shares of the industrial products company’s stock valued at $542,000 after acquiring an additional 35 shares during the period. Prospera Financial Services Inc boosted its holdings in Rockwell Automation by 0.9% during the 3rd quarter. Prospera Financial Services Inc now owns 4,033 shares of the industrial products company’s stock valued at $1,083,000 after acquiring an additional 37 shares during the period. Bank Pictet & Cie Europe AG boosted its holdings in Rockwell Automation by 0.9% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 4,195 shares of the industrial products company’s stock valued at $1,199,000 after acquiring an additional 38 shares during the period. Finally, Lake Street Advisors Group LLC boosted its holdings in Rockwell Automation by 3.0% during the 4th quarter. Lake Street Advisors Group LLC now owns 1,351 shares of the industrial products company’s stock valued at $386,000 after acquiring an additional 39 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In other news, VP Isaac Woods sold 895 shares of Rockwell Automation stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $274.72, for a total value of $245,874.40. Following the completion of the transaction, the vice president now owns 1,198 shares in the company, valued at approximately $329,114.56. The trade was a 42.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Terry L. Riesterer sold 850 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $300.21, for a total value of $255,178.50. Following the completion of the transaction, the vice president now owns 1,633 shares of the company’s stock, valued at approximately $490,242.93. This trade represents a 34.23 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,540 shares of company stock worth $1,935,134. 0.68% of the stock is currently owned by company insiders.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th will be issued a $1.31 dividend. This represents a $5.24 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Tuesday, February 18th. Rockwell Automation’s dividend payout ratio (DPR) is 65.26%.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.