Analysts Set Rockwell Automation, Inc. (NYSE:ROK) Target Price at $418.33

Rockwell Automation, Inc. (NYSE:ROK) has received a consensus recommendation of “Moderate Buy” from the twenty-two analysts that are currently covering the stock, MarketBeat.com reports. Eleven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $418.3333.

Several analysts have weighed in on the company. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Morgan Stanley restated an “overweight” rating and issued a $460.00 target price on shares of Rockwell Automation in a research note on Sunday, February 8th. JPMorgan Chase & Co. lifted their price target on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Mizuho upped their price target on Rockwell Automation from $380.00 to $400.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Stephens upped their price target on Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 1,200 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.21, for a total value of $485,052.00. Following the sale, the senior vice president owned 4,437 shares in the company, valued at approximately $1,793,479.77. This represents a 21.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Tessa M. Myers sold 1,985 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $409.37, for a total transaction of $812,599.45. Following the transaction, the senior vice president directly owned 4,036 shares of the company’s stock, valued at $1,652,217.32. This represents a 32.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 49,228 shares of company stock worth $19,992,391. 0.76% of the stock is owned by insiders.

Institutional Trading of Rockwell Automation

Several hedge funds and other institutional investors have recently made changes to their positions in ROK. MV Capital Management Inc. bought a new stake in Rockwell Automation in the fourth quarter worth $28,000. Manchester Capital Management LLC increased its holdings in shares of Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares in the last quarter. First Horizon Corp bought a new position in shares of Rockwell Automation during the fourth quarter valued at $32,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Rockwell Automation in the 4th quarter worth about $33,000. Finally, TD Capital Management LLC purchased a new position in shares of Rockwell Automation in the 4th quarter worth about $33,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Trading Up 0.8%

NYSE:ROK opened at $357.82 on Friday. The company has a 50-day moving average price of $397.74 and a 200-day moving average price of $381.48. Rockwell Automation has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The stock has a market cap of $40.20 billion, a price-to-earnings ratio of 40.94, a P/E/G ratio of 2.54 and a beta of 1.53.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter in the previous year, the company earned $1.83 earnings per share. Rockwell Automation’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. Equities analysts predict that Rockwell Automation will post 9.35 EPS for the current year.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd were given a $1.38 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. Rockwell Automation’s dividend payout ratio is currently 63.16%.

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.