Rockwell Automation (NYSE:ROK) Posts Quarterly Earnings Results, Beats Estimates By $0.40 EPS

Rockwell Automation (NYSE:ROK) posted its quarterly earnings results on Thursday. The industrial products company reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40, Zacks reports. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period in the prior year, the business posted $2.47 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Rockwell Automation updated its FY 2026 guidance to 11.200-12.200 EPS.

Rockwell Automation Stock Up 0.3%

NYSE:ROK traded up $1.17 during mid-day trading on Friday, hitting $373.67. 1,509,296 shares of the company’s stock were exchanged, compared to its average volume of 902,185. The company has a market cap of $42.01 billion, a PE ratio of 43.86, a P/E/G ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. Rockwell Automation has a one year low of $215.00 and a one year high of $396.89. The business has a fifty day moving average price of $349.71 and a 200 day moving average price of $331.38.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be given a dividend of $1.38 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is 64.79%.

Insider Transactions at Rockwell Automation

In related news, VP Isaac Woods sold 250 shares of Rockwell Automation stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $350.00, for a total value of $87,500.00. Following the completion of the sale, the vice president directly owned 1,662 shares in the company, valued at approximately $581,700. This trade represents a 13.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Blake D. Moret sold 24,400 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $350.13, for a total transaction of $8,543,172.00. Following the transaction, the chief executive officer directly owned 83,873 shares of the company’s stock, valued at $29,366,453.49. The trade was a 22.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 30,375 shares of company stock worth $10,661,109. Company insiders own 0.68% of the company’s stock.

Institutional Trading of Rockwell Automation

Several hedge funds have recently modified their holdings of ROK. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Rockwell Automation in the second quarter valued at $527,000. State of Wyoming acquired a new stake in Rockwell Automation during the second quarter worth about $384,000. CANADA LIFE ASSURANCE Co grew its holdings in Rockwell Automation by 51.9% in the second quarter. CANADA LIFE ASSURANCE Co now owns 238,949 shares of the industrial products company’s stock valued at $79,454,000 after purchasing an additional 81,656 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Rockwell Automation by 2.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,805 shares of the industrial products company’s stock worth $1,264,000 after acquiring an additional 83 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Rockwell Automation during the second quarter worth $111,000. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on ROK. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Wells Fargo & Company lifted their price objective on Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Friday. Citigroup restated a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. KeyCorp raised their price target on Rockwell Automation from $370.00 to $380.00 and gave the stock an “overweight” rating in a research note on Thursday, August 7th. Finally, Barclays boosted their price objective on shares of Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $353.39.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.