Rockwell Automation (NYSE:ROK) Hits New 52-Week High – Here’s What Happened

Rockwell Automation, Inc. (NYSE:ROK)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $431.59 and last traded at $429.7060, with a volume of 785 shares. The stock had previously closed at $429.15.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ROK shares. Bank of America raised their price objective on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Evercore ISI started coverage on shares of Rockwell Automation in a report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price target on the stock. JPMorgan Chase & Co. raised their price objective on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. The Goldman Sachs Group upgraded shares of Rockwell Automation from a “sell” rating to a “neutral” rating and upped their target price for the company from $329.00 to $448.00 in a research note on Tuesday, December 16th. Finally, Wells Fargo & Company lifted their price target on Rockwell Automation from $380.00 to $410.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Trading Up 0.5%

The firm has a market cap of $48.41 billion, a P/E ratio of 56.32, a P/E/G ratio of 2.96 and a beta of 1.52. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The firm has a fifty day moving average of $405.45 and a 200-day moving average of $371.05.

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

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 146 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.48, for a total transaction of $58,762.08. Following the completion of the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at $1,785,803.76. The trade was a 3.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Terry L. Riesterer sold 800 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $392.00, for a total transaction of $313,600.00. Following the completion of the sale, the vice president owned 1,234 shares in the company, valued at $483,728. The trade was a 39.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 87,231 shares of company stock worth $34,418,889 over the last 90 days. Corporate insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. 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 purchasing an additional 28 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its stake in Rockwell Automation by 2.4% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,202 shares of the industrial products company’s stock valued at $468,000 after buying an additional 28 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Rockwell Automation by 7.1% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock worth $154,000 after buying an additional 29 shares in the last quarter. Equitable Trust Co. raised its position in shares of Rockwell Automation by 1.1% during the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after buying an additional 29 shares in the last quarter. Finally, J. Safra Sarasin Holding AG lifted its stake in shares of Rockwell Automation by 2.2% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock worth $484,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.