Rockwell Automation (NYSE:ROK) Issues FY 2026 Earnings Guidance

Rockwell Automation (NYSE:ROK) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share 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.

Analysts Set New Price Targets

ROK has been the subject of a number of research analyst reports. Barclays lifted their price target on Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a research report on Wednesday, May 6th. Argus increased their price target on shares of Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Finally, Wells Fargo & Company upped their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $468.05.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $447.51 on Thursday. The company’s fifty day moving average is $465.45 and its 200 day moving average is $425.15. The company has a quick ratio of 0.76, a current ratio of 2.25 and a debt-to-equity ratio of 0.74. Rockwell Automation has a 52 week low of $328.70 and a 52 week high of $497.36. The stock has a market cap of $49.80 billion, a PE ratio of 41.92, a PEG ratio of 2.61 and a beta of 1.54.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating 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 firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the company posted $2.82 earnings per share. The business’s revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Research analysts anticipate that Rockwell Automation will post 13.17 earnings per share for the current year.

Rockwell Automation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 annualized dividend and a yield of 1.2%. Rockwell Automation’s dividend payout ratio is presently 51.73%.

Rockwell Automation announced that its Board of Directors has authorized a stock buyback plan on Tuesday, June 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the industrial products company to buy up to 2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

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

Hedge Funds Weigh In On Rockwell Automation

A number of institutional investors and hedge funds have recently made changes to their positions in ROK. Invesco Ltd. increased its stake in Rockwell Automation by 25.0% during the 4th quarter. Invesco Ltd. now owns 1,545,104 shares of the industrial products company’s stock valued at $601,154,000 after purchasing an additional 309,316 shares in the last quarter. Balyasny Asset Management L.P. lifted its stake in shares of Rockwell Automation by 1,666.2% in the third quarter. Balyasny Asset Management L.P. now owns 321,722 shares of the industrial products company’s stock worth $112,451,000 after buying an additional 303,506 shares in the last quarter. Morgan Stanley grew its holdings in shares of Rockwell Automation by 10.4% during the fourth quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after buying an additional 276,021 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Rockwell Automation by 43.6% during the fourth quarter. Royal Bank of Canada now owns 760,934 shares of the industrial products company’s stock valued at $296,056,000 after buying an additional 230,894 shares during the last quarter. Finally, State Street Corp lifted its position in Rockwell Automation by 4.2% in the 4th quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock valued at $1,943,844,000 after acquiring an additional 202,705 shares in the last quarter. Institutional investors 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.