Rockwell Automation (NYSE:ROK) Given New $410.00 Price Target at Robert W. Baird

Rockwell Automation (NYSE:ROK) had its price objective dropped by equities researchers at Robert W. Baird from $435.00 to $410.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s price objective would suggest a potential upside of 16.60% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Zacks Research cut shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Weiss Ratings upgraded Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Evercore started coverage on Rockwell Automation in a research note on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective on the stock. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. Finally, Stephens boosted their price target on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $417.22.

Rockwell Automation Stock Performance

NYSE ROK opened at $351.62 on Monday. The firm’s 50 day simple moving average is $392.91 and its 200 day simple moving average is $381.93. The firm has a market capitalization of $39.51 billion, a price-to-earnings ratio of 40.23, a P/E/G ratio of 2.51 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. Rockwell Automation has a 1 year low of $215.00 and a 1 year high of $438.72.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating the consensus estimate of $2.46 by $0.29. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company’s revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, research analysts expect that Rockwell Automation will post 9.35 earnings per share for the current fiscal year.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 1,200 shares of the business’s stock in a transaction 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 directly owned 4,437 shares of the company’s stock, valued at approximately $1,793,479.77. The trade was a 21.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Scott Genereux sold 17,407 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total value of $7,043,046.27. Following the transaction, the vice president directly owned 3,314 shares in the company, valued at approximately $1,340,877.54. The trade was a 84.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,228 shares of company stock valued at $19,992,391 in the last quarter. 0.76% of the stock is currently owned by company insiders.

Institutional Trading of Rockwell Automation

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. MV Capital Management Inc. purchased a new stake in Rockwell Automation during the fourth quarter valued at approximately $28,000. Manchester Capital Management LLC raised its holdings in shares of Rockwell Automation by 97.5% in 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 purchased a new stake in Rockwell Automation in the fourth quarter worth about $32,000. BOK Financial Private Wealth Inc. purchased a new position in Rockwell Automation during the 4th quarter valued at about $33,000. Finally, TD Capital Management LLC bought a new position in shares of Rockwell Automation during the fourth quarter valued at approximately $33,000. Institutional investors own 75.75% of the company’s stock.

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.