Rockwell Automation, Inc. (NYSE:ROK) Given Consensus Rating of “Moderate Buy” by Analysts

Rockwell Automation, Inc. (NYSE:ROK) has been assigned an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the company, Marketbeat.com reports. Eleven investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $418.3333.

ROK has been the subject of a number of analyst reports. Morgan Stanley restated an “overweight” rating and set a $460.00 price objective on shares of Rockwell Automation in a research note on Sunday, February 8th. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Weiss Ratings lowered shares of Rockwell Automation from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 10th. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Wells Fargo & Company increased their target price on Rockwell Automation from $380.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th.

Insider Activity at Rockwell Automation

In other news, SVP Rebecca W. House sold 12,100 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total transaction of $4,891,667.00. Following the completion of the transaction, the senior vice president directly owned 12,200 shares of the company’s stock, valued at $4,932,094. The trade was a 49.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $404.21, for a total transaction of $485,052.00. Following the transaction, the senior vice president owned 4,437 shares in the company, valued at approximately $1,793,479.77. This trade represents a 21.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,228 shares of company stock valued at $19,992,391 over the last three months. 0.76% of the stock is owned by insiders.

Institutional Investors Weigh In On Rockwell Automation

Hedge funds have recently added to or reduced their stakes in the stock. MV Capital Management Inc. purchased a new position in shares of Rockwell Automation in the 4th quarter worth $28,000. Manchester Capital Management LLC increased its position in 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 during the last quarter. First Horizon Corp bought a new position in Rockwell Automation in the fourth quarter valued at about $32,000. BOK Financial Private Wealth Inc. purchased a new position in Rockwell Automation in the fourth quarter worth about $33,000. Finally, TD Capital Management LLC purchased a new position in Rockwell Automation in the fourth quarter worth about $33,000. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Rockwell Automation Stock Performance

Rockwell Automation stock opened at $360.95 on Friday. Rockwell Automation has a twelve month low of $215.00 and a twelve month high of $438.72. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $40.56 billion, a P/E ratio of 41.30, a PEG ratio of 2.58 and a beta of 1.53. The stock’s 50 day moving average is $395.50 and its 200 day moving average is $381.50.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The business had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter in the previous year, the business earned $1.83 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 11.400-12.200 EPS. On average, equities research analysts predict that Rockwell Automation will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

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