Rockwell Automation (NYSE:ROK) Price Target Raised to $440.00

Rockwell Automation (NYSE:ROK) had its target price lifted by Morgan Stanley from $435.00 to $440.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the industrial products company’s stock. Morgan Stanley’s price objective would indicate a potential upside of 5.79% from the company’s previous close.

ROK has been the subject of several other reports. Oppenheimer reissued an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a report on Friday, November 7th. Robert W. Baird boosted their price objective on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Zacks Research upgraded shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. JPMorgan Chase & Co. increased their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Finally, TD Cowen boosted their price objective on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $406.44.

Rockwell Automation Stock Performance

ROK stock traded up $1.78 during midday trading on Tuesday, hitting $415.91. The stock had a trading volume of 182,691 shares, compared to its average volume of 633,477. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The stock has a 50-day simple moving average of $392.60 and a 200 day simple moving average of $362.98. Rockwell Automation has a 52 week low of $215.00 and a 52 week high of $420.19. The firm has a market capitalization of $46.69 billion, a price-to-earnings ratio of 54.28, a P/E/G ratio of 2.75 and a beta of 1.52.

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

Insider Transactions at Rockwell Automation

In other news, VP Terry L. Riesterer sold 800 shares of Rockwell Automation stock in a transaction 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 transaction, the vice president directly owned 1,234 shares of the company’s stock, valued at $483,728. This trade represents a 39.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Scott Genereux sold 1,387 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total transaction of $557,615.61. Following the completion of the sale, the vice president owned 4,514 shares of the company’s stock, valued at approximately $1,814,763.42. This represents a 23.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 88,053 shares of company stock valued at $34,718,919. Corporate insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares in the last quarter. Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at about $33,000. Ameriflex Group Inc. raised its stake in shares of Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 50 shares during the period. SBI Securities Co. Ltd. lifted its holdings in shares of Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares in the last quarter. Finally, Legend Financial Advisors Inc. acquired a new position in shares of Rockwell Automation during the second quarter worth about $39,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.