Brokerages Set Rockwell Automation, Inc. (NYSE:ROK) Price Target at $403.31

Shares of Rockwell Automation, Inc. (NYSE:ROK) have received a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $406.1250.

A number of brokerages have weighed in on ROK. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. TD Cowen lifted their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. The Goldman Sachs Group upgraded shares of Rockwell Automation from a “sell” rating to a “neutral” rating and upped their price target for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Evercore ISI assumed coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their price objective 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.

Rockwell Automation Stock Performance

NYSE ROK opened at $409.40 on Monday. The company has a fifty day moving average of $390.00 and a two-hundred day moving average of $360.94. The company has a market capitalization of $45.96 billion, a PE ratio of 53.45, a P/E/G ratio of 2.77 and a beta of 1.52. Rockwell Automation has a 1 year low of $215.00 and a 1 year high of $415.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77.

Rockwell Automation (NYSE:ROK) last posted its 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 business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, analysts expect that Rockwell Automation will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date was Monday, November 17th. This represents a $5.52 annualized dividend and a yield of 1.3%. Rockwell Automation’s payout ratio is presently 72.06%.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP Terry L. Riesterer sold 800 shares of Rockwell Automation stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $392.00, for a total value of $313,600.00. Following the transaction, the vice president directly owned 1,234 shares in the company, valued at approximately $483,728. This trade represents a 39.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Matthew W. Fordenwalt sold 146 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.48, for a total value of $58,762.08. Following the completion of the transaction, the senior vice president directly owned 4,437 shares in the company, valued at approximately $1,785,803.76. The trade was a 3.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 88,053 shares of company stock worth $34,718,919 in the last ninety days. Company insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC purchased a new stake in shares of Rockwell Automation in the fourth quarter valued at about $281,000. Focus Partners Advisor Solutions LLC purchased a new stake in Rockwell Automation in the 1st quarter valued at approximately $339,000. AQR Capital Management LLC grew its holdings in Rockwell Automation by 75.9% during the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock valued at $2,059,000 after buying an additional 3,513 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Rockwell Automation by 35.0% during the first quarter. Integrated Wealth Concepts LLC now owns 8,114 shares of the industrial products company’s stock worth $2,097,000 after buying an additional 2,104 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Rockwell Automation by 9.0% in the first quarter. Jones Financial Companies Lllp now owns 5,343 shares of the industrial products company’s stock worth $1,381,000 after acquiring an additional 441 shares during the last quarter. Hedge funds and other institutional investors 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.