Rockwell Automation (NYSE:ROK) Given New $410.00 Price Target at Robert W. Baird

Rockwell Automation (NYSE:ROK) had its price objective trimmed by Robert W. Baird from $435.00 to $410.00 in a research report released on Monday morning,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.

Other research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. The Goldman Sachs Group upgraded shares of Rockwell Automation from a “sell” rating to a “neutral” rating and boosted their target price for the company from $329.00 to $448.00 in a report on Tuesday, December 16th. Barclays lifted their price target on shares of Rockwell Automation from $435.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. TD Cowen upped their price objective on Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. boosted their price target on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $417.22.

Rockwell Automation Stock Down 0.9%

ROK stock opened at $348.21 on Monday. Rockwell Automation has a one year low of $215.00 and a one year high of $438.72. The stock has a market capitalization of $39.12 billion, a P/E ratio of 39.84, a PEG ratio of 2.51 and a beta of 1.53. The company has a 50 day moving average price of $391.56 and a two-hundred day moving average price of $381.91. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the previous year, the business earned $1.83 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, sell-side analysts expect that Rockwell Automation will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, February 23rd. Rockwell Automation’s dividend payout ratio is 63.16%.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Christopher Nardecchia sold 14,465 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the transaction, the senior vice president owned 14,232 shares in the company, valued at $5,835,262.32. The trade was a 50.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.21, for a total value of $485,052.00. Following the sale, the senior vice president owned 4,437 shares in the company, valued at approximately $1,793,479.77. The trade was a 21.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,228 shares of company stock worth $19,992,391 in the last quarter. 0.76% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Rockwell Automation

A number of large investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Rockwell Automation in the 4th quarter valued at about $615,596,000. Northwestern Mutual Wealth Management Co. grew its stake in Rockwell Automation by 5,925.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 906,192 shares of the industrial products company’s stock valued at $352,572,000 after purchasing an additional 891,153 shares in the last quarter. Holocene Advisors LP raised its position in shares of Rockwell Automation by 128.9% in the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Rockwell Automation by 122.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after purchasing an additional 451,038 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in shares of Rockwell Automation during the 4th quarter valued at approximately $156,017,000. 75.75% of the stock is owned by institutional investors and hedge funds.

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.