Shares of Rockwell Automation, Inc. (NYSE:ROK – Get Free Report) have earned an average recommendation of “Moderate Buy” from the twenty-one brokerages that are currently covering the company, Marketbeat Ratings reports. Eleven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $406.6667.
A number of equities research analysts have weighed in on ROK shares. Rothschild & Co Redburn raised their price target on Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. Oppenheimer downgraded Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Jefferies Financial Group restated a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Robert W. Baird lowered their price target on Rockwell Automation from $435.00 to $410.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th.
View Our Latest Analysis on Rockwell Automation
Rockwell Automation Trading Up 0.0%
Rockwell Automation (NYSE:ROK – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the business posted $1.83 earnings per share. The firm’s revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, equities research analysts anticipate that Rockwell Automation will post 9.35 EPS for the current fiscal year.
Rockwell Automation Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.
Insider Buying and Selling at Rockwell Automation
In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $387.50, for a total transaction of $484,375.00. Following the sale, the senior vice president owned 1,734 shares in the company, valued at $671,925. This trade represents a 41.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of the firm’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $400.00, for a total value of $480,000.00. Following the sale, the senior vice president owned 4,437 shares in the company, valued at $1,774,800. The trade was a 21.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 51,375 shares of company stock valued at $20,828,717. 0.76% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Richards Merrill & Peterson Inc. increased its holdings in shares of Rockwell Automation by 1.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock worth $487,000 after buying an additional 25 shares during the period. Cidel Asset Management Inc. increased its holdings in shares of Rockwell Automation by 4.6% in the first quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock worth $206,000 after buying an additional 25 shares during the period. HBK Sorce Advisory LLC increased its holdings in shares of Rockwell Automation by 0.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock worth $1,544,000 after buying an additional 27 shares during the period. Johnson Investment Counsel Inc. increased its holdings in shares of Rockwell Automation by 1.9% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock worth $549,000 after buying an additional 27 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its holdings in shares of Rockwell Automation by 2.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock worth $563,000 after buying an additional 28 shares during the period. Hedge funds and other institutional investors own 75.75% of the company’s stock.
About Rockwell Automation
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.
Further Reading
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