Rockwell Automation, Inc. (NYSE:ROK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Rockwell Automation, Inc. (NYSE:ROK) have received an average recommendation of “Moderate Buy” from the nineteen analysts that are covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $406.1250.

Several equities research analysts have weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 29th. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Wells Fargo & Company raised their price objective on Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. Finally, JPMorgan Chase & Co. boosted their target price on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th.

Rockwell Automation Trading Up 1.7%

Shares of Rockwell Automation stock opened at $410.56 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. Rockwell Automation has a 12-month low of $215.00 and a 12-month high of $415.89. The company has a market capitalization of $46.09 billion, a price-to-earnings ratio of 53.60, a PEG ratio of 2.75 and a beta of 1.52. The firm’s 50-day moving average price is $391.60 and its two-hundred day moving average price is $362.37.

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

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is currently 72.06%.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Cyril Perducat sold 804 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total transaction of $323,248.20. Following the sale, the senior vice president owned 5,858 shares of the company’s stock, valued at approximately $2,355,208.90. The trade was a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Terry L. Riesterer sold 800 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $392.00, for a total value of $313,600.00. Following the completion of the transaction, the vice president owned 1,234 shares of the company’s stock, valued at $483,728. The trade was a 39.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 88,053 shares of company stock valued at $34,718,919. Corporate insiders own 0.76% of the company’s stock.

Institutional Trading of Rockwell Automation

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after buying an additional 207,448 shares during the last quarter. State Street Corp increased its position in Rockwell Automation by 0.9% in the 3rd quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after acquiring an additional 42,809 shares during the period. Geode Capital Management LLC raised its stake in shares of Rockwell Automation by 1.7% during the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock valued at $950,744,000 after acquiring an additional 48,105 shares during the last quarter. Goldman Sachs Group Inc. raised its stake 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 acquiring an additional 191,370 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Rockwell Automation by 3.6% in the third quarter. Northern Trust Corp now owns 1,423,449 shares of the industrial products company’s stock worth $497,538,000 after purchasing an additional 49,477 shares during the last quarter. 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.