Q2 EPS Forecast for Rockwell Automation Raised by Analyst

Rockwell Automation, Inc. (NYSE:ROK - Free Report) - Stock analysts at Zacks Research increased their Q2 2027 earnings estimates for Rockwell Automation in a research report issued to clients and investors on Monday, July 21st. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $2.94 for the quarter, up from their previous estimate of $2.93. The consensus estimate for Rockwell Automation's current full-year earnings is $9.35 per share.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.09 by $0.36. Rockwell Automation had a net margin of 11.38% and a return on equity of 30.16%. The firm had revenue of $2 billion during the quarter, compared to analysts' expectations of $1.97 billion. During the same period last year, the company earned $2.50 earnings per share. The business's revenue was down 5.9% on a year-over-year basis.

Several other equities analysts have also recently commented on the stock. KeyCorp boosted their price objective on shares of Rockwell Automation from $360.00 to $370.00 and gave the company an "overweight" rating in a research note on Tuesday, July 15th. Wells Fargo & Company boosted their price target on shares of Rockwell Automation from $315.00 to $365.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 1st. Citigroup reissued a "buy" rating and issued a $392.00 price target (up previously from $371.00) on shares of Rockwell Automation in a research note on Monday, July 14th. CICC Research initiated coverage on shares of Rockwell Automation in a research note on Monday, July 7th. They issued an "outperform" rating and a $381.00 price target for the company. Finally, Loop Capital upped their price objective on shares of Rockwell Automation from $280.00 to $290.00 and gave the company a "hold" rating in a research note on Thursday, May 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Rockwell Automation presently has a consensus rating of "Moderate Buy" and an average price target of $341.11.

Rockwell Automation Stock Performance

Shares of NYSE ROK traded up $1.86 during midday trading on Wednesday, hitting $358.87. The company's stock had a trading volume of 642,538 shares, compared to its average volume of 782,185. The stock has a fifty day moving average price of $329.75 and a 200 day moving average price of $289.80. Rockwell Automation has a one year low of $215.00 and a one year high of $360.92. The company has a current ratio of 1.05, a quick ratio of 0.72 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $40.45 billion, a price-to-earnings ratio of 45.20, a P/E/G ratio of 3.64 and a beta of 1.38.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ROK. Citizens National Bank Trust Department bought a new stake in Rockwell Automation during the 1st quarter valued at about $26,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of Rockwell Automation during the first quarter worth about $31,000. IMA Advisory Services Inc. purchased a new position in shares of Rockwell Automation in the first quarter worth $32,000. Cooksen Wealth LLC purchased a new position in shares of Rockwell Automation in the first quarter worth $34,000. Finally, Parvin Asset Management LLC purchased a new stake in Rockwell Automation during the fourth quarter valued at $36,000. 75.75% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 939 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $304.24, for a total value of $285,681.36. Following the completion of the transaction, the senior vice president directly owned 983 shares in the company, valued at approximately $299,067.92. This represents a 48.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Terry L. Riesterer sold 2,500 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $304.13, for a total transaction of $760,325.00. Following the completion of the transaction, the vice president owned 1,033 shares of the company's stock, valued at $314,166.29. This trade represents a 70.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,757 shares of company stock worth $3,138,220. Company insiders own 0.68% of the company's stock.

Rockwell Automation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Monday, August 18th will be given a dividend of $1.31 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a $5.24 annualized dividend and a yield of 1.46%. Rockwell Automation's payout ratio is currently 65.99%.

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.