Citigroup Cuts Rockwell Automation (NYSE:ROK) Price Target to $536.00

Posted by Stanley Muller on Aug 8th, 2026

Rockwell Automation (NYSE:ROK – Free Report) had its price objective decreased by Citigroup from $555.00 to $536.00 in a report released on Wednesday morning,Benzinga reports. Citigroup currently has a buy rating on the industrial products company’s stock.

A number of other brokerages have also recently weighed in on ROK. BNP Paribas Exane raised their price target on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Rothschild & Co Redburn raised their price objective on Rockwell Automation from $365.00 to $378.00 in a report on Wednesday, May 6th. Argus lifted their price objective on Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. The Goldman Sachs Group upped their target price on Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Nine equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $468.05.

Get Our Latest Report on ROK

Rockwell Automation Price Performance

Shares of ROK opened at $440.95 on Wednesday. Rockwell Automation has a 1-year low of $328.70 and a 1-year high of $497.36. The stock has a market cap of $48.97 billion, a PE ratio of 41.33, a price-to-earnings-growth ratio of 2.58 and a beta of 1.54. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.76. The firm has a fifty day moving average price of $464.99 and a 200 day moving average price of $425.44.

Rockwell Automation (NYSE:ROK – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $2.82 earnings per share. The business’s revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, sell-side analysts anticipate that Rockwell Automation will post 13.19 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 purchase up to 2% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued a $1.38 dividend. The ex-dividend date is Monday, August 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is 51.73%.

Insider Buying and Selling

In other news, VP John M. Miller sold 1,054 shares of the firm’s stock in a transaction on 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 sale, the vice president directly owned 5,615 shares of the company’s stock, valued at $2,392,102.30. This trade represents a 15.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 377 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. This trade represents a 7.83% 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 sold a total of 1,649 shares of company stock worth $722,119 over the last quarter. Insiders own 0.76% of the company’s stock.

Hedge Funds Weigh In On Rockwell Automation

Hedge funds and other institutional investors have recently modified their holdings of the stock. MV Capital Management Inc. bought a new stake in shares of Rockwell Automation in the 4th quarter valued at $28,000. Manchester Capital Management LLC boosted its stake 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 buying an additional 39 shares during the period. First Horizon Corp bought a new position in Rockwell Automation in the fourth quarter valued at about $32,000. BOK Financial Private Wealth Inc. acquired a new stake in shares of Rockwell Automation during the fourth quarter valued at about $33,000. Finally, TD Capital Management LLC bought a new stake in Rockwell Automation in the fourth quarter valued at approximately $33,000. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Company Profile

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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.