Rockwell Automation, Inc. (NYSE:ROK – Get Free Report) has been given an average recommendation of “Moderate Buy” by the nineteen analysts that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $406.1250.
ROK has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their price objective 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. Bank of America raised their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Citigroup lifted their price target on Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Finally, TD Cowen upped their price objective on Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd.
Get Our Latest Research Report on Rockwell Automation
Insider Transactions at Rockwell Automation
Institutional Trading of Rockwell Automation
Hedge funds have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC boosted its position in Rockwell Automation by 7.1% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock worth $154,000 after buying an additional 29 shares during the period. Equitable Trust Co. raised its stake in shares of Rockwell Automation by 1.1% during the third quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock valued at $908,000 after acquiring an additional 29 shares during the last quarter. J. Safra Sarasin Holding AG lifted its holdings in shares of Rockwell Automation by 2.2% during the third quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 30 shares during the period. Fragasso Financial Advisors Inc grew its stake in shares of Rockwell Automation by 3.6% in the third quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 31 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in Rockwell Automation by 3.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after purchasing an additional 32 shares during the period. 75.75% of the stock is owned by institutional investors and hedge funds.
Rockwell Automation Price Performance
Shares of NYSE ROK opened at $410.56 on Monday. The business has a fifty day moving average price of $391.60 and a two-hundred day moving average price of $361.84. The stock has a market capitalization of $46.09 billion, a PE ratio of 53.60, a P/E/G ratio of 2.71 and a beta of 1.52. 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 has a fifty-two week low of $215.00 and a fifty-two week high of $415.89.
Rockwell Automation (NYSE:ROK – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion for 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%.Rockwell Automation’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities analysts predict that Rockwell Automation will post 9.35 earnings per share for the current fiscal year.
Rockwell Automation Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a dividend of $1.38 per share. The ex-dividend date was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is currently 72.06%.
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.
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