Zacks Research Issues Positive Estimate for ROK Earnings

Rockwell Automation, Inc. (NYSE:ROK) – Equities research analysts at Zacks Research upped their Q1 2028 earnings estimates for shares of Rockwell Automation in a research note issued on Thursday, July 2nd. Zacks Research analyst Team now expects that the industrial products company will earn $3.62 per share for the quarter, up from their prior estimate of $3.61. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Rockwell Automation’s current full-year earnings is $13.05 per share.

A number of other equities research analysts have also issued reports on ROK. Citigroup upped their target price on Rockwell Automation from $466.00 to $500.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Jefferies Financial Group reissued a “hold” rating and set a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. DA Davidson started coverage on Rockwell Automation in a report on Tuesday, June 16th. They issued a “neutral” rating and a $500.00 price target for the company. TD Cowen upped their price objective on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Finally, Sanford C. Bernstein began coverage on Rockwell Automation in a research note on Tuesday, June 9th. They set a “market perform” rating and a $501.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $466.71.

Rockwell Automation Stock Down 4.1%

ROK stock opened at $463.27 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The company’s 50 day simple moving average is $452.22 and its 200-day simple moving average is $414.81. Rockwell Automation has a 12 month low of $305.44 and a 12 month high of $497.36. The firm has a market capitalization of $51.55 billion, a PE ratio of 48.17, a P/E/G ratio of 3.01 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the business posted $2.45 earnings per share. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS.

Rockwell Automation Announces Dividend

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

Rockwell Automation declared that its Board of Directors has approved a share repurchase program on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to buy up to 2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 1,250 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $387.50, for a total transaction of $484,375.00. Following the transaction, the senior vice president directly owned 1,734 shares in the company, valued at $671,925. This represents a 41.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the sale, the vice president owned 134 shares of the company’s stock, valued at approximately $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 12,009 shares of company stock worth $5,232,471. Company insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Rockwell Automation by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock worth $5,527,249,000 after purchasing an additional 114,469 shares during the period. State Street Corp boosted its position in Rockwell Automation by 4.2% during the 4th quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock worth $1,943,844,000 after purchasing an additional 202,705 shares during the period. Geode Capital Management LLC lifted its stake in shares of Rockwell Automation by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock worth $1,133,397,000 after purchasing an additional 17,855 shares in the last quarter. Morgan Stanley raised its holdings in shares of Rockwell Automation by 10.4% during the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after buying an additional 276,021 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of Rockwell Automation by 1.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after purchasing an additional 24,719 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

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.