Q2 EPS Estimate for Rockwell Automation Reduced by Analyst

Rockwell Automation, Inc. (NYSE:ROK) – Research analysts at Zacks Research dropped their Q2 2027 earnings estimates for Rockwell Automation in a report issued on Wednesday, July 23rd. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $2.93 for the quarter, down from their prior forecast of $2.94. The consensus estimate for Rockwell Automation’s current full-year earnings is $9.35 per share.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Wednesday, May 7th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.36. The business had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Rockwell Automation had a return on equity of 30.16% and a net margin of 11.38%. Rockwell Automation’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.50 EPS.

Several other brokerages also recently commented on ROK. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $315.00 to $365.00 and gave the company an “overweight” rating in a research note on Tuesday, July 1st. KeyCorp boosted their price target on shares of Rockwell Automation from $360.00 to $370.00 and gave the company an “overweight” rating in a research report on Tuesday, July 15th. Oppenheimer raised their price objective on shares of Rockwell Automation from $304.00 to $371.00 and gave the stock an “outperform” rating in a report on Thursday, July 17th. Bank of America upgraded shares of Rockwell Automation from a “neutral” rating to a “buy” rating and lifted their target price for the company from $360.00 to $410.00 in a research note on Wednesday, July 16th. Finally, Loop Capital increased their price target on Rockwell Automation from $280.00 to $290.00 and gave the stock a “hold” rating in a research report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $341.11.

Rockwell Automation Stock Performance

Rockwell Automation stock opened at $358.87 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.05 and a quick ratio of 0.72. The stock has a fifty day moving average price of $329.75 and a two-hundred day moving average price of $289.94. Rockwell Automation has a 52-week low of $215.00 and a 52-week high of $360.92. The firm has a market capitalization of $40.45 billion, a P/E ratio of 45.20, a P/E/G ratio of 3.66 and a beta of 1.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp increased its position in shares of Rockwell Automation by 8.5% during the first quarter. Fifth Third Bancorp now owns 5,424 shares of the industrial products company’s stock worth $1,401,000 after acquiring an additional 423 shares in the last quarter. CWM LLC increased its holdings in Rockwell Automation by 3.7% during the 1st quarter. CWM LLC now owns 2,353 shares of the industrial products company’s stock worth $608,000 after purchasing an additional 84 shares in the last quarter. Teacher Retirement System of Texas boosted its position in shares of Rockwell Automation by 39.1% during the fourth quarter. Teacher Retirement System of Texas now owns 1,063 shares of the industrial products company’s stock worth $304,000 after buying an additional 299 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Rockwell Automation by 0.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 5,652 shares of the industrial products company’s stock worth $1,462,000 after buying an additional 43 shares in the last quarter. Finally, Brighton Jones LLC bought a new position in shares of Rockwell Automation during the fourth quarter worth about $281,000. 75.75% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Christopher Nardecchia sold 551 shares of the stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $326.31, for a total value of $179,796.81. Following the sale, the senior vice president directly owned 12,711 shares in the company, valued at $4,147,726.41. This trade represents a 4.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Tessa M. Myers sold 363 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $326.32, for a total transaction of $118,454.16. Following the transaction, the senior vice president owned 4,063 shares of the company’s stock, valued at approximately $1,325,838.16. This represents a 8.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,757 shares of company stock valued at $3,138,220 over the last three months. 0.68% of the stock is owned by insiders.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Monday, August 18th will be paid a dividend of $1.31 per share. This represents a $5.24 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Monday, August 18th. Rockwell Automation’s dividend payout ratio (DPR) is 65.99%.

Rockwell Automation Company Profile

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.