Barclays Increases Rockwell Automation (NYSE:ROK) Price Target to $435.00

Rockwell Automation (NYSE:ROK) had its price target lifted by analysts at Barclays from $417.00 to $435.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. Barclays‘s price objective suggests a potential upside of 7.71% from the company’s current price.

A number of other equities research analysts have also issued reports on ROK. KeyCorp lifted their target price on shares of Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Morgan Stanley boosted their target price on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday. Robert W. Baird boosted their price target on Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $372.56.

Rockwell Automation Trading Down 0.0%

NYSE:ROK opened at $403.87 on Thursday. The stock has a market cap of $45.34 billion, a PE ratio of 52.73, a price-to-earnings-growth ratio of 2.71 and a beta of 1.50. Rockwell Automation has a fifty-two week low of $215.00 and a fifty-two week high of $406.44. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The stock’s 50-day moving average is $367.06 and its two-hundred day moving average is $347.38.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period last year, the company posted $2.47 earnings per share. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research analysts forecast that Rockwell Automation will post 9.35 earnings per share for the current fiscal year.

Insider Activity

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 295 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $402.92, for a total transaction of $118,861.40. Following the completion of the sale, the senior vice president directly owned 4,529 shares in the company, valued at $1,824,824.68. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of Rockwell Automation stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $403.45, for a total value of $956,176.50. Following the completion of the transaction, the senior vice president owned 1,964 shares in the company, valued at $792,375.80. The trade was a 54.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 94,316 shares of company stock worth $35,962,850. Insiders own 0.68% of the company’s stock.

Institutional Investors Weigh In On Rockwell Automation

Several hedge funds have recently modified their holdings of ROK. Brighton Jones LLC acquired a new position in Rockwell Automation during the 4th quarter valued at $281,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Rockwell Automation by 59.6% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 166 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 62 shares during the period. Wealthspire Advisors LLC increased its holdings in shares of Rockwell Automation by 96.9% during the 1st quarter. Wealthspire Advisors LLC now owns 5,406 shares of the industrial products company’s stock worth $1,397,000 after purchasing an additional 2,660 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Rockwell Automation by 11.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after buying an additional 191,370 shares during the last quarter. Finally, ASR Vermogensbeheer N.V. bought a new stake in shares of Rockwell Automation in the first quarter valued at about $6,818,000. 75.75% of the stock is owned by institutional investors.

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.