Rockwell Automation, Inc. (NYSE:ROK) Given Average Recommendation of “Hold” by Analysts

Shares of Rockwell Automation, Inc. (NYSE:ROKGet Free Report) have earned a consensus recommendation of “Hold” from the twenty-two brokerages that are currently covering the firm, MarketBeat.com reports. Twelve analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $457.50.

Several equities research analysts have weighed in on ROK shares. HSBC boosted their price objective on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Wall Street Zen lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Morgan Stanley restated an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a research report on Wednesday, May 6th. Mizuho set a $445.00 target price on Rockwell Automation in a research report on Wednesday, May 6th. Finally, Citigroup boosted their target price on Rockwell Automation from $466.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th.

Get Our Latest Analysis on ROK

Key Headlines Impacting Rockwell Automation

Here are the key news stories impacting Rockwell Automation this week:

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the transaction, the vice president owned 134 shares in the company, valued at $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total value of $484,375.00. Following the transaction, the senior vice president owned 1,734 shares of the company’s stock, valued at $671,925. This trade represents a 41.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 12,308 shares of company stock valued at $5,339,812. 0.76% of the stock is owned by company insiders.

Institutional Trading of Rockwell Automation

Several institutional investors and hedge funds have recently modified their holdings of the stock. Richards Merrill & Peterson Inc. raised its stake in shares of Rockwell Automation by 1.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock valued at $487,000 after acquiring an additional 25 shares in the last quarter. Cidel Asset Management Inc. raised its stake in shares of Rockwell Automation by 4.6% during the first quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock valued at $206,000 after acquiring an additional 25 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in shares of Rockwell Automation by 0.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock valued at $1,544,000 after acquiring an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of Rockwell Automation by 1.9% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock valued at $549,000 after acquiring an additional 27 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its stake in shares of Rockwell Automation by 2.0% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock valued at $563,000 after acquiring an additional 28 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Down 0.1%

Shares of NYSE ROK opened at $476.19 on Monday. The business’s 50 day moving average is $445.15 and its two-hundred day moving average is $412.19. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. Rockwell Automation has a 1-year low of $305.44 and a 1-year high of $486.47. The stock has a market capitalization of $52.99 billion, a P/E ratio of 49.50, a PEG ratio of 3.05 and a beta of 1.57.

Rockwell Automation (NYSE:ROKGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the previous year, the firm posted $2.45 earnings per share. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, research analysts expect that Rockwell Automation will post 13.02 EPS for the current year.

Rockwell Automation declared that its Board of Directors has initiated a stock buyback plan on Tuesday, June 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s payout ratio is 57.38%.

About Rockwell Automation

(Get Free Report)

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.

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Analyst Recommendations for Rockwell Automation (NYSE:ROK)

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