Rockwell Automation, Inc. (NYSE:ROK) Receives $469.14 Average PT from Brokerages

Shares of Rockwell Automation, Inc. (NYSE:ROKGet Free Report) have been assigned a consensus rating of “Hold” from the twenty-one analysts that are currently covering the stock, Marketbeat.com reports. Twelve research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $469.1429.

A number of analysts have recently weighed in on ROK shares. DA Davidson decreased their price target on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a research report on Friday, August 21st. Sanford C. Bernstein upped their price target on shares of Rockwell Automation from $501.00 to $514.00 and gave the company a “market perform” rating in a report on Friday, August 14th. Morgan Stanley increased their price objective on shares of Rockwell Automation from $525.00 to $545.00 and gave the company an “overweight” rating in a research note on Wednesday, September 2nd. Argus increased their price objective on shares of Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Robert W. Baird set a $514.00 price objective on shares of Rockwell Automation in a report on Wednesday, August 5th.

View Our Latest Stock Report on ROK

Insider Activity at Rockwell Automation

In related news, CFO Christian Rothe sold 590 shares of Rockwell Automation stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $434.30, for a total value of $256,237.00. Following the completion of the transaction, the chief financial officer directly owned 10,429 shares in the company, valued at approximately $4,529,314.70. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Patricia Watson sold 1,100 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the sale, the director directly owned 6,385 shares of the company’s stock, valued at approximately $2,754,680.55. This represents a 14.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 2,711 shares of company stock worth $1,164,880. 0.76% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Rockwell Automation

A number of institutional investors have recently made changes to their positions in the company. Flputnam Investment Management Co. acquired a new stake in Rockwell Automation in the 2nd quarter valued at about $1,001,000. Mandatum Life Insurance Co Ltd boosted its position in shares of 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 valued at $7,967,000 after purchasing an additional 4,700 shares in the last quarter. Handelsbanken Fonder AB grew its stake in shares of Rockwell Automation by 24.6% in the 4th quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock worth $65,931,000 after purchasing an additional 33,413 shares during the last quarter. Lombard Odier Asset Management Europe Ltd grew its stake in shares of Rockwell Automation by 54.2% in the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 36,211 shares of the industrial products company’s stock worth $12,995,000 after purchasing an additional 12,727 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of Rockwell Automation by 19.6% in the 4th quarter. Hsbc Holdings PLC now owns 274,512 shares of the industrial products company’s stock worth $106,965,000 after purchasing an additional 44,944 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Trading Down 0.3%

Shares of ROK opened at $415.82 on Friday. Rockwell Automation has a one year low of $332.71 and a one year high of $497.36. The stock has a 50-day moving average price of $445.35 and a 200 day moving average price of $429.89. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The company has a market capitalization of $46.18 billion, a P/E ratio of 38.97, a P/E/G ratio of 2.43 and a beta of 1.52.

Rockwell Automation (NYSE:ROKGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the business earned $2.82 EPS. Rockwell Automation’s revenue for the quarter 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. Sell-side analysts forecast that Rockwell Automation will post 13.24 EPS for the current fiscal year.

Rockwell Automation announced that its Board of Directors has initiated a share repurchase plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Rockwell Automation Company Profile

(Get Free Report)

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and other industrial organizations improve productivity, safety, quality and operational efficiency by connecting control systems, equipment, software and data across production environments.

Its portfolio includes programmable logic controllers, industrial computers, sensors, motor control and drives, motion-control systems, safety equipment, human-machine interfaces and industrial networking technologies.

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Analyst Recommendations for Rockwell Automation (NYSE:ROK)

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