Rockwell Automation, Inc. (NYSE:ROK) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Rockwell Automation, Inc. (NYSE:ROKGet Free Report) have received a consensus recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $366.00.

A number of research analysts have weighed in on ROK shares. Oppenheimer reaffirmed an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a report on Friday, November 7th. Morgan Stanley increased their price objective on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Bank of America raised their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Finally, KeyCorp increased their price target on Rockwell Automation from $370.00 to $380.00 and gave the stock an “overweight” rating in a report on Thursday, August 7th.

Read Our Latest Stock Report on Rockwell Automation

Rockwell Automation Stock Performance

ROK stock opened at $369.29 on Friday. The business has a 50-day moving average price of $356.36 and a 200 day moving average price of $339.68. The company has a market capitalization of $41.46 billion, a P/E ratio of 43.34, a PEG ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $398.20.

Rockwell Automation (NYSE:ROKGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.47 EPS. 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 will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be given a dividend of $1.38 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Cyril Perducat sold 1,435 shares of the business’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $348.08, for a total transaction of $499,494.80. Following the sale, the senior vice president directly owned 3,787 shares in the company, valued at $1,318,178.96. This represents a 27.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Isaac Woods sold 365 shares of Rockwell Automation stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $348.44, for a total transaction of $127,180.60. Following the completion of the transaction, the vice president owned 1,691 shares of the company’s stock, valued at $589,212.04. This trade represents a 17.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 92,075 shares of company stock worth $34,820,361 over the last ninety days. Company insiders own 0.68% of the company’s stock.

Institutional Investors Weigh In On Rockwell Automation

A number of large investors have recently modified their holdings of ROK. IMA Advisory Services Inc. purchased a new position in Rockwell Automation in the first quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. purchased a new stake in Rockwell Automation during the 2nd quarter valued at approximately $33,000. Ameriflex Group Inc. raised its stake in shares of Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares during the last quarter. Finally, Legend Financial Advisors Inc. purchased a new position in Rockwell Automation during the 2nd quarter worth $39,000. 75.75% of the stock is owned by hedge funds and other institutional investors.

About Rockwell Automation

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Rockwell Automation (NYSE:ROK)

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