Rockwell Automation (NYSE:ROK) Price Target Raised to $530.00 at Argus

Rockwell Automation (NYSE:ROK) had its target price lifted by equities research analysts at Argus from $465.00 to $530.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. Argus’ price target suggests a potential upside of 15.20% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the stock. HSBC increased their target price on shares of Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Barclays upped their price target on Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Rothschild & Co Redburn raised their price objective on Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday, May 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Finally, Jefferies Financial Group restated a “hold” rating and set a $380.00 price objective (down from $490.00) on shares of Rockwell Automation in a research report on Tuesday, March 31st. Ten research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $457.50.

Rockwell Automation Stock Performance

ROK stock traded up $3.70 on Wednesday, reaching $460.06. 26,510 shares of the company were exchanged, compared to its average volume of 872,659. The firm has a market capitalization of $51.19 billion, a PE ratio of 47.89, a PEG ratio of 3.06 and a beta of 1.57. Rockwell Automation has a 12 month low of $305.44 and a 12 month high of $479.59. The stock’s fifty day moving average price is $441.05 and its 200 day moving average price is $410.74. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The business’s revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, research analysts anticipate that Rockwell Automation will post 13 EPS for the current fiscal year.

Rockwell Automation declared that its Board of Directors has initiated a share buyback program on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the industrial products company to purchase up to 2% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Christopher Nardecchia sold 2,538 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $446.43, for a total transaction of $1,133,039.34. Following the completion of the transaction, the senior vice president directly owned 14,232 shares in the company, valued at $6,353,591.76. This represents a 15.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of Rockwell Automation stock in a transaction on Monday, April 13th. The shares were sold at an average price of $400.00, for a total value of $480,000.00. Following the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $1,774,800. The trade was a 21.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,308 shares of company stock worth $5,339,812 over the last three months. 0.76% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Rockwell Automation

Institutional investors and hedge funds have recently made changes to their positions in the company. MV Capital Management Inc. acquired a new stake in shares of Rockwell Automation during the 4th quarter worth about $28,000. Manchester Capital Management LLC boosted its position in 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 buying an additional 39 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in Rockwell Automation during the first quarter worth about $31,000. First Horizon Corp bought a new stake in Rockwell Automation during the fourth quarter worth about $32,000. Finally, BOK Financial Private Wealth Inc. acquired a new stake in shares of Rockwell Automation during the fourth quarter worth approximately $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation News Roundup

Here are the key news stories impacting Rockwell Automation this week:

• Positive Sentiment: Rockwell announced the launch of FactoryTalk Orchestration, a new software platform designed to improve material flow, throughput, and factory responsiveness across operations. Rockwell Automation Launches FactoryTalk Orchestration Software at Automate
• Positive Sentiment: The company said its Singapore manufacturing site was named a World Economic Forum Global Lighthouse, highlighting Rockwell’s advanced manufacturing and AI-driven productivity capabilities. Rockwell Automation Site Named a World Economic Forum Global Lighthouse
• Positive Sentiment: Zacks Research raised its FY2028 earnings estimate for Rockwell Automation, signaling improving longer-term profit expectations.
• Positive Sentiment: DA Davidson initiated coverage with a Neutral rating but a relatively bullish $500 price target, citing Rockwell’s strong positioning in industrial automation. DA Davidson Initiates Rockwell Automation (ROK), Notes Strong Positioning in Industrial Automation
• Neutral Sentiment: Rockwell also received more industry recognition, including a PartnerNetwork award for EPC innovation and a customer technology deployment announcement, which support the company’s competitive reputation but are less immediately material to earnings. CRB Recognized by Rockwell Automation for EPC Innovation
• Neutral Sentiment: Zacks also nudged its Q2 2028 estimate higher while trimming its Q4 2027 estimate slightly, a mixed read that does not change the broader positive sentiment.

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.