Rockwell Automation (NYSE:ROK) Updates FY 2025 Earnings Guidance

Rockwell Automation (NYSE:ROK - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 9.200-10.200 for the period, compared to the consensus estimate of 9.210. The company issued revenue guidance of $8.1 billion-$8.1 billion, compared to the consensus revenue estimate of $8.0 billion.

Analysts Set New Price Targets

ROK has been the topic of several recent analyst reports. Citigroup lifted their price objective on Rockwell Automation from $283.00 to $327.00 and gave the company a "buy" rating in a report on Thursday. The Goldman Sachs Group lifted their price target on shares of Rockwell Automation from $257.00 to $290.00 and gave the company a "sell" rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. raised shares of Rockwell Automation from an "underweight" rating to a "neutral" rating and increased their price objective for the stock from $201.00 to $271.00 in a research report on Thursday. KeyCorp boosted their price objective on shares of Rockwell Automation from $275.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday. Finally, Morgan Stanley increased their target price on Rockwell Automation from $335.00 to $345.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Rockwell Automation has an average rating of "Moderate Buy" and an average price target of $308.37.

Rockwell Automation Stock Performance

Shares of ROK traded up $3.64 during midday trading on Friday, reaching $294.88. The stock had a trading volume of 1,024,672 shares, compared to its average volume of 870,563. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. The firm has a 50 day simple moving average of $251.89 and a 200-day simple moving average of $273.72. The firm has a market cap of $33.34 billion, a PE ratio of 36.72, a P/E/G ratio of 3.53 and a beta of 1.32. Rockwell Automation has a one year low of $215.00 and a one year high of $308.70.

Rockwell Automation (NYSE:ROK - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The industrial products company reported $2.45 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.36. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter in the previous year, the business earned $2.50 earnings per share. The business's revenue was down 5.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Rockwell Automation will post 9.35 EPS for the current year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 19th will be issued a dividend of $1.31 per share. This represents a $5.24 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Monday, May 19th. Rockwell Automation's dividend payout ratio is 65.99%.

Insiders Place Their Bets

In other news, VP Isaac Woods sold 876 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $284.03, for a total value of $248,810.28. Following the transaction, the vice president now owns 1,057 shares of the company's stock, valued at approximately $300,219.71. This represents a 45.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Terry L. Riesterer sold 850 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $300.21, for a total value of $255,178.50. Following the transaction, the vice president now owns 1,633 shares in the company, valued at approximately $490,242.93. This trade represents a 34.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,250 shares of company stock valued at $1,223,428 over the last ninety days. 0.68% of the stock is currently owned by company insiders.

Institutional Trading of Rockwell Automation

A hedge fund recently bought a new stake in Rockwell Automation stock. Brighton Jones LLC purchased a new stake in Rockwell Automation, Inc. (NYSE:ROK - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 983 shares of the industrial products company's stock, valued at approximately $281,000. 75.75% of the stock is owned by institutional investors and hedge funds.

About Rockwell Automation

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.