Rockwell Automation, Inc. Declares Quarterly Dividend of $1.38 (NYSE:ROK)

Rockwell Automation, Inc. (NYSE:ROK) declared a quarterly dividend on Wednesday, February 11th. Shareholders of record on Monday, February 23rd will be given a dividend of 1.38 per share by the industrial products company on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, February 23rd.

Rockwell Automation has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 15 years. Rockwell Automation has a dividend payout ratio of 48.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Rockwell Automation to earn $11.07 per share next year, which means the company should continue to be able to cover its $5.52 annual dividend with an expected future payout ratio of 49.9%.

Rockwell Automation Stock Down 1.3%

Rockwell Automation stock opened at $407.10 on Thursday. 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 12-month low of $215.00 and a 12-month high of $438.72. The firm’s fifty day moving average is $408.60 and its 200 day moving average is $373.88. The company has a market capitalization of $45.74 billion, a PE ratio of 46.58, a PEG ratio of 2.95 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same period last year, the company posted $1.83 earnings per share. The business’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, sell-side analysts predict that Rockwell Automation will post 9.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ROK. KeyCorp reaffirmed an “overweight” rating and issued a $470.00 target price on shares of Rockwell Automation in a research report on Friday, February 6th. Evercore initiated coverage on Rockwell Automation in a report on Monday, December 15th. They issued an “in-line” rating and a $440.00 price target on the stock. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Bank of America upped their target price on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Finally, Jefferies Financial Group increased their target price on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $417.22.

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.