Shares of Rockwell Automation, Inc. (NYSE:ROK – Get Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-one brokerages that are presently covering the stock, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $410.1176.
A number of equities research analysts recently issued reports on the company. Rothschild & Co Redburn boosted their price objective on Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Bank of America upped their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. TD Cowen raised their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. lifted their price target on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th.
Check Out Our Latest Report on Rockwell Automation
Insider Transactions at Rockwell Automation
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. raised its stake in Rockwell Automation by 468.8% during 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 buying an additional 75 shares during the last quarter. First Horizon Corp bought a new stake in Rockwell Automation in the 4th quarter worth about $32,000. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation in the second quarter worth approximately $33,000. Fortitude Family Office LLC grew its position in Rockwell Automation by 109.5% in the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 46 shares during the period. Finally, Ameriflex Group Inc. grew its holdings in shares of Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 50 shares during the period. 75.75% of the stock is currently owned by institutional investors.
Rockwell Automation Trading Up 2.8%
NYSE ROK opened at $426.63 on Friday. The stock has a market capitalization of $47.90 billion, a price-to-earnings ratio of 55.70, a PEG ratio of 2.91 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 one year low of $215.00 and a one year high of $429.58. The business’s fifty day moving average is $403.70 and its 200-day moving average is $369.70.
Rockwell Automation (NYSE:ROK – Get Free Report) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the previous year, the company earned $2.47 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts predict that Rockwell Automation will post 9.35 EPS for the current 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.
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