Rockwell Automation, Inc. (NYSE:ROK – Free Report) – Analysts at Zacks Research increased their Q2 2027 earnings per share (EPS) estimates for Rockwell Automation in a research note issued on Friday, July 31st. Zacks Research analyst Team now forecasts that the industrial products company will earn $3.39 per share for the quarter, up from their prior estimate of $3.38. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Rockwell Automation’s current full-year earnings is $13.06 per share. Zacks Research also issued estimates for Rockwell Automation’s FY2028 earnings at $16.23 EPS.
Rockwell Automation (NYSE:ROK – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter last year, the firm earned $2.45 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis.
Read Our Latest Analysis on Rockwell Automation
Rockwell Automation Trading Up 0.5%
Shares of NYSE:ROK opened at $482.72 on Monday. The business’s 50-day moving average is $465.77 and its 200 day moving average is $424.73. 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 has a 1 year low of $305.44 and a 1 year high of $497.36. The firm has a market capitalization of $53.71 billion, a P/E ratio of 50.18, a P/E/G ratio of 2.84 and a beta of 1.54.
Institutional Trading of Rockwell Automation
A number of hedge funds and other institutional investors have recently made changes to their positions in ROK. Oak Thistle LLC acquired a new stake in shares of Rockwell Automation during the fourth quarter worth $1,556,000. Brighton Jones LLC acquired a new position in Rockwell Automation in the 4th quarter valued at $281,000. Mandatum Life Insurance Co Ltd raised its position in Rockwell Automation by 26.9% during the 1st quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock worth $7,967,000 after buying an additional 4,700 shares during the last quarter. Handelsbanken Fonder AB raised its position in Rockwell Automation by 24.6% during the 4th quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock worth $65,931,000 after buying an additional 33,413 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of Rockwell Automation by 197.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 13,905 shares of the industrial products company’s stock worth $5,410,000 after acquiring an additional 9,238 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.
Insider Transactions at Rockwell Automation
In related news, VP Terry L. Riesterer sold 4,024 shares of Rockwell Automation stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the sale, the vice president owned 134 shares of the company’s stock, valued at $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the completion of the sale, the vice president owned 5,615 shares in the company, valued at approximately $2,392,102.30. This represents a 15.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,673 shares of company stock worth $2,540,847 over the last three months. 0.76% of the stock is currently owned by insiders.
Rockwell Automation Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s dividend payout ratio (DPR) is presently 57.38%.
Rockwell Automation announced that its Board of Directors has authorized a stock buyback plan on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to buy up to 2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
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.
Read More
- Five stocks we like better than Rockwell Automation
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for Rockwell Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation and related companies with MarketBeat.com's FREE daily email newsletter.
