Rockwell Automation, Inc. (NYSE:ROK) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Rockwell Automation, Inc. (NYSE:ROK) have received a consensus rating of “Moderate Buy” from the twenty-two analysts that are currently covering the company, MarketBeat.com reports. Eleven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $462.8182.

Several equities analysts have recently issued reports on the stock. BNP Paribas Exane lifted their target price on shares of Rockwell Automation from $495.00 to $515.00 in a report on Wednesday, May 6th. TD Cowen upped their price target on Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Robert W. Baird raised their price objective on Rockwell Automation from $470.00 to $527.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. DA Davidson assumed coverage on Rockwell Automation in a report on Tuesday, June 16th. They issued a “neutral” rating and a $500.00 target price on the stock. Finally, Evercore raised their price target on Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $471.99 on Monday. The company’s fifty day moving average price is $452.22 and its 200-day moving average price is $414.81. The stock has a market cap of $52.52 billion, a PE ratio of 49.06, a price-to-earnings-growth ratio of 3.01 and a beta of 1.54. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Rockwell Automation has a 12 month low of $305.44 and a 12 month high of $497.36.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $2.16 billion. During the same period last year, the business earned $2.45 EPS. Rockwell Automation’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. On average, equities analysts expect that Rockwell Automation will post 13.05 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

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

Rockwell Automation announced that its Board of Directors has approved a stock buyback plan on Tuesday, June 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, VP Scott Genereux sold 550 shares of Rockwell Automation stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $447.73, for a total value of $246,251.50. Following the completion of the transaction, the vice president directly owned 2,764 shares of the company’s stock, valued at approximately $1,237,525.72. The trade was a 16.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the transaction, the vice president owned 5,615 shares in the company, valued at approximately $2,392,102.30. This represents a 15.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,009 shares of company stock worth $5,232,471 in the last 90 days. Insiders own 0.76% of the company’s stock.

Institutional Trading of Rockwell Automation

Institutional investors have recently added to or reduced their stakes in the business. MV Capital Management Inc. purchased a new position in shares of Rockwell Automation in the fourth quarter worth $28,000. Manchester Capital Management LLC lifted 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 purchasing an additional 39 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Rockwell Automation during the first quarter valued at $31,000. First Horizon Corp purchased a new stake in shares of Rockwell Automation during the fourth quarter valued at $32,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation in the 4th quarter worth about $33,000. 75.75% of the stock is currently 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.