Rockwell Automation (NYSE:ROK) Stock Price Expected to Rise, Rothschild & Co Redburn Analyst Says

Rockwell Automation (NYSE:ROK) had its price target increased by research analysts at Rothschild & Co Redburn from $335.00 to $365.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. Rothschild & Co Redburn’s target price suggests a potential downside of 12.63% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Argus raised shares of Rockwell Automation to a “strong-buy” rating in a research report on Friday, January 16th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Barclays increased their target price on Rockwell Automation from $435.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. JPMorgan Chase & Co. boosted their price target on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Finally, Morgan Stanley raised their price objective on Rockwell Automation from $435.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Two equities research 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 MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $410.12.

Rockwell Automation Stock Down 1.8%

NYSE ROK traded down $7.57 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 12 month low of $215.00 and a 12 month high of $429.58. The company has a market cap of $46.90 billion, a price-to-earnings ratio of 54.54, a PEG ratio of 2.98 and a beta of 1.52. The company has a fifty day moving average price of $399.62 and a 200-day moving average price of $367.51. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14.

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

Insiders Place Their Bets

In related news, SVP Cyril Perducat sold 804 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total value of $323,248.20. Following the completion of the sale, the senior vice president directly owned 5,858 shares in the company, valued at $2,355,208.90. This trade represents a 12.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Matheus De A. G. Viera Bulho sold 476 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the sale, the senior vice president directly owned 2,401 shares in the company, valued at approximately $965,250.02. This represents a 16.55% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 88,053 shares of company stock valued at $34,718,919. 0.76% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rockwell Automation

Hedge funds have recently made changes to their positions in the company. Capital Investment Advisors LLC grew its position in Rockwell Automation by 5.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after purchasing an additional 119 shares during the period. Patton Fund Management Inc. purchased a new stake in shares of Rockwell Automation in the second quarter worth about $294,000. Brighton Jones LLC purchased a new stake in shares of Rockwell Automation in the fourth quarter worth about $281,000. Ferguson Wellman Capital Management Inc. acquired a new stake in Rockwell Automation during the third quarter worth about $777,000. Finally, Schroder Investment Management Group raised its position in Rockwell Automation by 796.0% during the second quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after acquiring an additional 86,500 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

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.