Stephens Boosts Rockwell Automation (NYSE:ROK) Price Target to $475.00

Rockwell Automation (NYSE:ROK) had its target price boosted by research analysts at Stephens from $425.00 to $475.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm presently has an “overweight” rating on the industrial products company’s stock. Stephens’ target price indicates a potential upside of 13.70% from the stock’s previous close.

A number of other analysts have also recently issued reports on the stock. Citigroup increased their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Bank of America upped their target price 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. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Oppenheimer cut Rockwell Automation from an “outperform” rating to a “market perform” rating in a report on Tuesday. Finally, Morgan Stanley upped their price objective on Rockwell Automation from $435.00 to $440.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Trading Down 1.8%

Shares of ROK stock opened at $417.75 on Friday. Rockwell Automation has a 12-month low of $215.00 and a 12-month high of $429.58. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The firm’s 50 day moving average is $399.62 and its 200 day moving average is $367.72. The stock has a market capitalization of $46.90 billion, a P/E ratio of 54.54, a P/E/G ratio of 2.93 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last announced 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. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Research analysts expect that Rockwell Automation will post 9.35 earnings per share for the current year.

Insider Activity at Rockwell Automation

In other news, SVP Tessa M. Myers sold 1,020 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total transaction of $410,111.40. Following the completion of the transaction, the senior vice president directly owned 6,021 shares in the company, valued at approximately $2,420,863.47. This represents a 14.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Rebecca W. House sold 1,698 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total transaction of $682,697.88. Following the completion of the sale, the senior vice president owned 12,200 shares in the company, valued at $4,905,132. This represents a 12.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 88,053 shares of company stock valued at $34,718,919 in the last 90 days. 0.76% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Rockwell Automation

Institutional investors and hedge funds have recently made changes to their positions in the business. Capital Investment Advisors LLC grew its holdings in Rockwell Automation by 5.7% during the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after acquiring an additional 119 shares during the period. Patton Fund Management Inc. purchased a new stake in Rockwell Automation in the 2nd quarter worth approximately $294,000. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $281,000. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Rockwell Automation during the 3rd quarter valued at approximately $777,000. Finally, Schroder Investment Management Group lifted its stake in shares of Rockwell Automation by 796.0% in the 2nd quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after purchasing an additional 86,500 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

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.