Rockwell Automation (NYSE:ROK) Given New $365.00 Price Target at Rothschild & Co Redburn

Rockwell Automation (NYSE:ROK) had its price objective boosted by Rothschild & Co Redburn from $335.00 to $365.00 in a research note released on Wednesday,MarketScreener reports. Rothschild & Co Redburn currently has a neutral rating on the industrial products company’s stock.

Several other equities research analysts also recently commented on ROK. Bank of America lifted their price objective on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Citigroup lifted their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Argus upgraded shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. raised their price target on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Finally, Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Price Performance

Shares of NYSE ROK traded down $7.57 during mid-day trading on Wednesday, hitting $417.75. 726,164 shares of the stock traded hands, compared to its average volume of 581,817. The firm has a 50 day simple moving average of $399.62 and a two-hundred day simple moving average of $367.51. The company has a market cap of $46.90 billion, a PE ratio of 54.54, a price-to-earnings-growth ratio of 2.98 and a beta of 1.52. Rockwell Automation has a twelve month low of $215.00 and a twelve month high of $429.58. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the previous year, the business earned $2.47 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research analysts forecast that Rockwell Automation will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Insiders Place Their Bets

In other news, SVP Matheus De A. G. Viera Bulho sold 476 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the completion of the transaction, the senior vice president directly owned 2,401 shares in the company, valued at $965,250.02. This trade represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Cyril Perducat sold 804 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total transaction of $323,248.20. Following the completion of the transaction, the senior vice president directly owned 5,858 shares of the company’s stock, valued at $2,355,208.90. This represents a 12.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 88,053 shares of company stock worth $34,718,919. Corporate insiders own 0.76% of the company’s stock.

Institutional Investors Weigh In On Rockwell Automation

A number of large investors have recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Rockwell Automation by 7.1% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 29 shares during the period. Equitable Trust Co. raised its stake in shares of Rockwell Automation by 1.1% in the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock valued at $908,000 after purchasing an additional 29 shares in the last quarter. J. Safra Sarasin Holding AG increased its holdings in shares of Rockwell Automation by 2.2% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock valued at $484,000 after acquiring an additional 30 shares during the last quarter. Fragasso Financial Advisors Inc boosted its holdings in shares of Rockwell Automation by 3.6% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock valued at $315,000 after buying an additional 31 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its stake in Rockwell Automation by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock worth $355,000 after buying an additional 32 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Company Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.