Rockwell Automation (NYSE:ROK) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Rockwell Automation (NYSE:ROKGet Free Report) had its price target increased by investment analysts at Robert W. Baird from $470.00 to $527.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm currently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s price objective points to a potential upside of 7.86% from the stock’s current price.

ROK has been the topic of a number of other reports. Mizuho set a $445.00 target price on Rockwell Automation in a research report on Wednesday, May 6th. TD Cowen raised their price target on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Rothschild & Co Redburn lifted their price target on Rockwell Automation from $365.00 to $378.00 in a research note on Wednesday, May 6th. Evercore boosted their price objective on shares of Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company increased their price objective on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $462.82.

View Our Latest Stock Analysis on ROK

Rockwell Automation Price Performance

Rockwell Automation stock traded down $6.49 during mid-day trading on Wednesday, reaching $488.60. The company had a trading volume of 70,464 shares, compared to its average volume of 897,314. Rockwell Automation has a 1 year low of $305.44 and a 1 year high of $497.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The company has a market capitalization of $54.37 billion, a P/E ratio of 50.62, a P/E/G ratio of 3.08 and a beta of 1.57. The stock’s 50-day simple moving average is $448.30 and its 200-day simple moving average is $413.35.

Rockwell Automation (NYSE:ROKGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.88 by $0.42. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities analysts predict that Rockwell Automation will post 13.02 EPS for the current year.

Rockwell Automation declared that its Board of Directors has initiated a stock repurchase plan 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 shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Activity

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the sale, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. The trade was a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Christopher Nardecchia sold 2,538 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total value of $1,133,039.34. Following the completion of the transaction, the senior vice president owned 14,232 shares of the company’s stock, valued at $6,353,591.76. This trade represents a 15.13% decrease in their ownership of the stock. 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 have sold 12,308 shares of company stock valued at $5,339,812 in the last 90 days. Insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Oak Thistle LLC purchased a new position in Rockwell Automation during the fourth quarter worth approximately $1,556,000. Nordea Investment Management AB grew its stake in shares of Rockwell Automation by 20.7% during the 4th quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock valued at $291,073,000 after buying an additional 127,733 shares during the period. SG Americas Securities LLC increased its holdings in shares of Rockwell Automation by 911.0% during the 4th quarter. SG Americas Securities LLC now owns 91,808 shares of the industrial products company’s stock worth $35,720,000 after buying an additional 82,727 shares during the last quarter. Maridea Wealth Management LLC raised its position in shares of Rockwell Automation by 580.0% in the 4th quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock worth $2,148,000 after buying an additional 4,710 shares during the period. Finally, Brighton Jones LLC purchased a new position in shares of Rockwell Automation in the 4th quarter worth $281,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Company Profile

(Get Free Report)

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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Analyst Recommendations for Rockwell Automation (NYSE:ROK)

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