Robert W. Baird Lowers Rockwell Automation (NYSE:ROK) Price Target to $410.00

Rockwell Automation (NYSE:ROK) had its price target dropped by equities research analysts at Robert W. Baird from $435.00 to $410.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s target price would suggest a potential upside of 14.38% from the stock’s current price.

ROK has been the subject of several other reports. Rothschild & Co Redburn boosted their price objective on shares of Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. KeyCorp reaffirmed an “overweight” rating and issued a $470.00 target price on shares of Rockwell Automation in a report on Friday, February 6th. JPMorgan Chase & Co. lifted their price target on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Finally, Citigroup upped their price objective on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $412.22.

Rockwell Automation Trading Up 2.9%

ROK opened at $358.45 on Monday. The stock has a market capitalization of $40.28 billion, a price-to-earnings ratio of 41.01, a P/E/G ratio of 2.49 and a beta of 1.53. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. Rockwell Automation has a twelve month low of $215.00 and a twelve month high of $438.72. The company has a 50-day simple moving average of $390.65 and a 200 day simple moving average of $382.00.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating the consensus estimate of $2.46 by $0.29. The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm earned $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Analysts predict that Rockwell Automation will post 9.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other Rockwell Automation news, VP Scott Genereux sold 17,407 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $404.61, for a total value of $7,043,046.27. Following the completion of the transaction, the vice president directly owned 3,314 shares in the company, valued at approximately $1,340,877.54. This trade represents a 84.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Tessa M. Myers sold 1,985 shares of Rockwell Automation stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total value of $812,599.45. Following the sale, the senior vice president directly owned 4,036 shares in the company, valued at $1,652,217.32. The trade was a 32.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 49,228 shares of company stock worth $19,992,391. Company insiders own 0.76% of the company’s stock.

Institutional Investors Weigh In On Rockwell Automation

Hedge funds have recently added to or reduced their stakes in the business. Lansforsakringar Fondforvaltning AB publ lifted its holdings in shares of Rockwell Automation by 7.1% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock valued at $21,613,000 after purchasing an additional 4,086 shares in the last quarter. Bessemer Group Inc. grew its holdings in Rockwell Automation by 180.5% during the third quarter. Bessemer Group Inc. now owns 5,842 shares of the industrial products company’s stock worth $2,042,000 after buying an additional 3,759 shares in the last quarter. Nordea Investment Management AB grew its holdings in Rockwell Automation by 20.7% during the fourth quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock worth $291,073,000 after buying an additional 127,733 shares in the last quarter. Maridea Wealth Management LLC raised its position in Rockwell Automation by 580.0% in the 4th quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock valued at $2,148,000 after buying an additional 4,710 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in Rockwell Automation by 911.0% in the 4th quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock valued at $35,720,000 after buying an additional 82,727 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

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.