Rockwell Automation, Inc. (NYSE:ROK) Given Consensus Rating of “Moderate Buy” by Brokerages

Rockwell Automation, Inc. (NYSE:ROK) has received an average rating of “Moderate Buy” from the twenty-one brokerages that are covering the stock, MarketBeat reports. Ten investment analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $410.1176.

A number of brokerages have recently commented on ROK. Evercore ISI started coverage on shares of Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 price target for the company. Jefferies Financial Group boosted their price target on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Barclays increased their price target on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Argus raised Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Citigroup increased their target price on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of Rockwell Automation stock in a transaction on Friday, December 5th. The shares were sold at an average price of $403.45, for a total value of $956,176.50. Following the transaction, the senior vice president owned 1,964 shares in the company, valued at $792,375.80. This trade represents a 54.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Tessa M. Myers sold 1,020 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.07, for a total value of $410,111.40. Following the sale, the senior vice president directly owned 6,021 shares of the company’s stock, valued at approximately $2,420,863.47. This trade represents a 14.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,231 shares of company stock valued at $34,418,889 over the last 90 days. 0.76% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Rockwell Automation

Institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new position in Rockwell Automation in the second quarter valued at about $368,575,000. Holocene Advisors LP grew its stake in shares of Rockwell Automation by 128.9% during the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after acquiring an additional 488,262 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Rockwell Automation by 122.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after purchasing an additional 451,038 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Rockwell Automation by 720.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock worth $132,638,000 after buying an additional 350,662 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board increased its stake in shares of Rockwell Automation by 7,730.3% in the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after buying an additional 350,261 shares during the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Rockwell Automation Price Performance

ROK stock opened at $430.36 on Friday. The stock’s 50 day moving average price is $406.23 and its 200 day moving average price is $371.58. The firm has a market cap of $48.32 billion, a P/E ratio of 56.18, a PEG ratio of 3.01 and a beta of 1.52. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. Rockwell Automation has a 1 year low of $215.00 and a 1 year high of $433.97.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts expect that Rockwell Automation will post 9.35 earnings per share for the current fiscal year.

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.