Rockwell Automation (NYSE:ROK – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 13.000-13.300 for the period, compared to the consensus estimate of 13.030. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.0 billion.
Rockwell Automation Price Performance
Shares of NYSE ROK opened at $442.33 on Tuesday. The stock has a market capitalization of $49.22 billion, a price-to-earnings ratio of 46.19, a PEG ratio of 2.84 and a beta of 1.54. The business has a 50-day moving average of $465.77 and a 200-day moving average of $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 fifty-two week low of $305.44 and a fifty-two week high of $497.36.
Rockwell Automation (NYSE:ROK – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The business’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.82 earnings per share. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, sell-side analysts predict that Rockwell Automation will post 13.06 earnings per share for the current fiscal year.
Rockwell Automation Dividend Announcement
Rockwell Automation declared that its board has authorized a stock repurchase program on Tuesday, June 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Barclays boosted their target price on shares of Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. TD Cowen upped their target price on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Evercore raised their price target on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. The Goldman Sachs Group boosted their price target on Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Nine equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $469.33.
Get Our Latest Analysis on Rockwell Automation
Insider Buying and Selling
In other news, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the transaction, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. This trade represents a 15.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the firm’s stock in a transaction that occurred on 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 transaction, the vice president owned 134 shares of the company’s stock, valued at approximately $60,563.98. The trade was a 96.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 5,673 shares of company stock worth $2,540,847 in the last ninety days. Company insiders own 0.76% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of ROK. Ameriflex Group Inc. grew its holdings in Rockwell Automation by 30.0% in the fourth quarter. Ameriflex Group Inc. now owns 130 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 30 shares during the period. DV Equities LLC acquired a new position in shares of Rockwell Automation during the fourth quarter valued at about $61,000. Kelleher Financial Advisors bought a new position in shares of Rockwell Automation during the 3rd quarter worth about $62,000. Quarry LP boosted its position in shares of Rockwell Automation by 93.5% during the 4th quarter. Quarry LP now owns 207 shares of the industrial products company’s stock worth $81,000 after purchasing an additional 100 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at about $111,000. Institutional investors and hedge funds 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.
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