Rockwell Automation (NYSE:ROK) Price Target Raised to $365.00

Rockwell Automation (NYSE:ROK) had its price target raised by Rothschild & Co Redburn from $335.00 to $365.00 in a report released on Wednesday,MarketScreener reports. They currently have a neutral rating on the industrial products company’s stock.

Other analysts also recently issued reports about the stock. Evercore ISI began coverage on shares of Rockwell Automation in a report on Monday, December 15th. They issued an “in-line” rating and a $440.00 target price on the stock. Zacks Research downgraded Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Bank of America increased their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. TD Cowen lifted their price target on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Finally, The Goldman Sachs Group raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $329.00 to $448.00 in a research note on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and an average target price of $410.12.

Rockwell Automation Stock Performance

Shares of Rockwell Automation stock traded down $7.57 during trading hours on Wednesday, reaching $417.75. 726,164 shares of the stock traded hands, compared to its average volume of 581,817. Rockwell Automation has a one year low of $215.00 and a one year high of $429.58. The firm has a market capitalization of $46.90 billion, a price-to-earnings ratio of 54.54, a P/E/G ratio of 2.98 and a beta of 1.52. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The company has a 50 day moving average price of $399.62 and a 200 day moving average price of $367.51.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.40. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company’s revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities research analysts expect that Rockwell Automation will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a dividend of $1.38 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, November 17th. Rockwell Automation’s payout ratio is 72.06%.

Insiders Place Their Bets

In related news, VP Scott Genereux sold 1,387 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total transaction of $557,615.61. Following the completion of the transaction, the vice president owned 4,514 shares of the company’s stock, valued at $1,814,763.42. This trade represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Blake D. Moret sold 61,700 shares of the stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $391.56, for a total value of $24,159,252.00. Following the sale, the chief executive officer directly owned 83,873 shares in the company, valued at $32,841,311.88. This represents a 42.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 88,053 shares of company stock worth $34,718,919. Insiders own 0.76% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Rockwell Automation by 7.1% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 29 shares during the period. Equitable Trust Co. increased its stake in Rockwell Automation by 1.1% during the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after buying an additional 29 shares during the period. J. Safra Sarasin Holding AG lifted its holdings in Rockwell Automation by 2.2% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock worth $484,000 after buying an additional 30 shares in the last quarter. Fragasso Financial Advisors Inc lifted its holdings in Rockwell Automation by 3.6% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after buying an additional 31 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in Rockwell Automation by 3.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after buying an additional 32 shares during the period. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Rockwell Automation Company Profile

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.