Brokerages Set Rockwell Automation, Inc. (NYSE:ROK) Target Price at $418.33

Rockwell Automation, Inc. (NYSE:ROKGet Free Report) has been given an average rating of “Moderate Buy” by the twenty-two ratings firms that are currently covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $418.3333.

Several equities analysts recently commented on the stock. Robert W. Baird set a $430.00 price target on shares of Rockwell Automation in a report on Friday, February 6th. KeyCorp restated an “overweight” rating and set a $470.00 target price on shares of Rockwell Automation in a research report on Friday, February 6th. Stephens increased their price target on Rockwell Automation from $425.00 to $475.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Evercore began coverage on Rockwell Automation in a research note on Monday, December 15th. They set an “in-line” rating and a $440.00 price target for the company. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $460.00 target price on shares of Rockwell Automation in a research note on Sunday, February 8th.

Get Our Latest Stock Analysis on ROK

Insider Buying and Selling

In other news, VP Terry L. Riesterer sold 800 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $392.00, for a total value of $313,600.00. Following the completion of the sale, the vice president owned 1,234 shares in the company, valued at approximately $483,728. The trade was a 39.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Matthew W. Fordenwalt sold 146 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total transaction of $58,762.08. Following the completion of the transaction, the senior vice president owned 4,437 shares of the company’s stock, valued at $1,785,803.76. This represents a 3.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 25,531 shares of company stock valued at $10,259,637 over the last quarter. 0.76% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ROK. MV Capital Management Inc. purchased a new position in shares of Rockwell Automation during the 4th quarter valued at about $28,000. Manchester Capital Management LLC raised its position in Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares during the period. First Horizon Corp purchased a new stake in Rockwell Automation in the 4th quarter worth approximately $32,000. Finally, Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

NYSE:ROK opened at $411.66 on Tuesday. The firm has a market capitalization of $46.25 billion, a PE ratio of 47.10, a PEG ratio of 2.87 and a beta of 1.52. The stock’s fifty day moving average is $407.25 and its 200 day moving average is $377.58. Rockwell Automation has a fifty-two week low of $215.00 and a fifty-two week high of $438.72. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16.

Rockwell Automation (NYSE:ROKGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the firm earned $1.83 earnings per share. Rockwell Automation’s quarterly revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, sell-side analysts anticipate that Rockwell Automation will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s payout ratio is 63.16%.

About Rockwell Automation

(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.

Further Reading

Analyst Recommendations for Rockwell Automation (NYSE:ROK)

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