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

Rockwell Automation, Inc. (NYSE:ROK) has been given an average recommendation of “Moderate Buy” by the twenty-two ratings firms that are presently covering the company, Marketbeat Ratings reports. Ten investment analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $418.3333.

Several equities research analysts recently commented on ROK shares. Bank of America boosted their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Jefferies Financial Group upped their price target on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Robert W. Baird set a $430.00 target price on Rockwell Automation in a report on Friday, February 6th. Mizuho increased their target price on Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Argus raised Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th.

Insider Buying and Selling

In other news, SVP Tessa M. Myers sold 1,020 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total value of $410,111.40. Following the completion of the transaction, the senior vice president owned 6,021 shares in the company, valued at $2,420,863.47. The trade was a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Blake D. Moret sold 5,564 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $2,236,839.28. Following the completion of the sale, the chief executive officer owned 94,585 shares of the company’s stock, valued at $38,025,061.70. This represents a 5.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 25,531 shares of company stock worth $10,259,637 over the last 90 days. 0.76% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rockwell Automation

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kera Capital Partners Inc. purchased a new stake in Rockwell Automation during the fourth quarter valued at $227,000. Virtu Financial LLC bought a new stake in shares of Rockwell Automation during the 4th quarter valued at about $4,337,000. MV Capital Management Inc. purchased a new stake in shares of Rockwell Automation during the 4th quarter valued at about $28,000. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in shares of Rockwell Automation in the 4th quarter worth approximately $159,000. Finally, Compound Planning Inc. boosted its holdings in shares of Rockwell Automation by 8.5% in the fourth quarter. Compound Planning Inc. now owns 2,409 shares of the industrial products company’s stock worth $937,000 after buying an additional 189 shares during the last quarter. 75.75% of the stock is owned by institutional investors.

Rockwell Automation Stock Down 3.0%

Shares of NYSE:ROK opened at $386.85 on Tuesday. The firm has a market capitalization of $43.47 billion, a P/E ratio of 44.26, a P/E/G ratio of 2.84 and a beta of 1.52. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. The stock has a 50 day moving average price of $406.50 and a 200-day moving average price of $376.66. Rockwell Automation has a 52-week low of $215.00 and a 52-week high of $438.72.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.46 by $0.29. The company had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, equities research analysts anticipate that Rockwell Automation will post 9.35 EPS for the current fiscal year.

Rockwell Automation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be issued a dividend of $1.38 per share. The ex-dividend date is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio is presently 63.16%.

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.