Rockwell Automation (NYSE:ROK) Posts Quarterly Earnings Results, Beats Expectations By $0.40 EPS

Rockwell Automation (NYSE:ROK) released its earnings results on Thursday. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40, Zacks reports. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation’s revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.47 earnings per share. Rockwell Automation updated its FY 2026 guidance to 11.200-12.200 EPS.

Rockwell Automation Price Performance

Shares of NYSE:ROK traded up $1.17 during trading hours on Friday, hitting $373.67. 1,509,296 shares of the company’s stock traded hands, compared to its average volume of 902,185. The company’s fifty day simple moving average is $349.71 and its two-hundred day simple moving average is $331.38. The company has a market cap of $42.01 billion, a price-to-earnings ratio of 43.86, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06. Rockwell Automation has a 52 week low of $215.00 and a 52 week high of $396.89.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is currently 64.79%.

Insiders Place Their Bets

In related news, SVP Matheus De A. G. Viera Bulho sold 822 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $365.00, for a total value of $300,030.00. Following the completion of the transaction, the senior vice president owned 983 shares of the company’s stock, valued at approximately $358,795. This trade represents a 45.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James P. Keane sold 3,000 shares of Rockwell Automation stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total transaction of $1,068,180.00. Following the transaction, the director owned 9,192 shares in the company, valued at approximately $3,272,903.52. The trade was a 24.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 30,375 shares of company stock worth $10,661,109. Corporate insiders own 0.68% of the company’s stock.

Institutional Trading of Rockwell Automation

Institutional investors have recently bought and sold shares of the company. Keel Point LLC increased its stake in shares of Rockwell Automation by 4.3% in the second quarter. Keel Point LLC now owns 1,159 shares of the industrial products company’s stock worth $385,000 after purchasing an additional 48 shares during the period. Tower Research Capital LLC TRC grew its holdings in Rockwell Automation by 2.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,805 shares of the industrial products company’s stock valued at $1,264,000 after buying an additional 83 shares during the last quarter. Alaethes Wealth LLC increased its position in Rockwell Automation by 3.2% in the 2nd quarter. Alaethes Wealth LLC now owns 6,010 shares of the industrial products company’s stock worth $1,996,000 after buying an additional 189 shares during the period. MUFG Securities EMEA plc acquired a new position in shares of Rockwell Automation during the second quarter worth approximately $111,000. Finally, Snowden Capital Advisors LLC boosted its position in shares of Rockwell Automation by 18.4% in the second quarter. Snowden Capital Advisors LLC now owns 2,214 shares of the industrial products company’s stock valued at $735,000 after acquiring an additional 344 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on ROK. Bank of America raised Rockwell Automation from a “neutral” rating to a “buy” rating and upped their target price for the company from $360.00 to $410.00 in a research report on Wednesday, July 16th. Barclays upped their price target on shares of Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a report on Friday. Oppenheimer reiterated an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research note on Friday. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $353.39.

About Rockwell Automation

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.