Zacks Research Has Optimistic Outlook of ROK Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2026 EPS estimate for Rockwell Automation to $3.00, up from $2.98, indicating a positive outlook for the industrial products company.
• In its latest quarterly results, Rockwell Automation reported earnings per share of $2.82, exceeding the consensus estimate of $2.67, with revenue of $2.14 billion, surpassing expectations as well.
• Several investment firms have upgraded Rockwell Automation’s stock rating, with Citigroup increasing its price target to $392.00, reflecting growing investor confidence.

Rockwell Automation, Inc. (NYSE:ROK - Free Report) - Equities researchers at Zacks Research boosted their Q3 2026 EPS estimates for shares of Rockwell Automation in a research report issued on Friday, September 19th. Zacks Research analyst Team now anticipates that the industrial products company will earn $3.00 per share for the quarter, up from their prior forecast of $2.98. The consensus estimate for Rockwell Automation's current full-year earnings is $9.35 per share. Zacks Research also issued estimates for Rockwell Automation's Q4 2026 earnings at $3.06 EPS, FY2026 earnings at $10.88 EPS, Q2 2027 earnings at $2.94 EPS, Q3 2027 earnings at $3.10 EPS and FY2027 earnings at $12.16 EPS.

Rockwell Automation (NYSE:ROK - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.15. The company had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.07 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The firm's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.71 EPS.

Several other research firms also recently commented on ROK. Citigroup reaffirmed a "buy" rating and issued a $392.00 price objective (up from $371.00) on shares of Rockwell Automation in a report on Monday, July 14th. Wells Fargo & Company set a $345.00 price target on Rockwell Automation and gave the stock an "equal weight" rating in a report on Friday, August 8th. Stephens reaffirmed an "overweight" rating and issued a $375.00 price target (up from $350.00) on shares of Rockwell Automation in a report on Wednesday, July 16th. Bank of America upgraded Rockwell Automation from a "neutral" rating to a "buy" rating and raised their target price for the stock from $360.00 to $410.00 in a research note on Wednesday, July 16th. Finally, Wall Street Zen upgraded Rockwell Automation from a "hold" rating to a "buy" rating in a research note on Sunday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Rockwell Automation currently has a consensus rating of "Moderate Buy" and a consensus price target of $340.16.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $347.78 on Monday. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $39.10 billion, a PE ratio of 40.82, a P/E/G ratio of 3.63 and a beta of 1.41. Rockwell Automation has a twelve month low of $215.00 and a twelve month high of $360.92. The company has a 50-day moving average price of $346.16 and a two-hundred day moving average price of $306.60.

Hedge Funds Weigh In On Rockwell Automation

Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of Rockwell Automation during the fourth quarter valued at approximately $281,000. Bank Pictet & Cie Europe AG increased its position in Rockwell Automation by 0.9% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 4,195 shares of the industrial products company's stock valued at $1,199,000 after buying an additional 38 shares in the last quarter. Waverly Advisors LLC increased its holdings in shares of Rockwell Automation by 158.7% during the fourth quarter. Waverly Advisors LLC now owns 2,398 shares of the industrial products company's stock valued at $685,000 after acquiring an additional 1,471 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of Rockwell Automation during the fourth quarter valued at $252,000. Finally, Toronto Dominion Bank increased its holdings in shares of Rockwell Automation by 28.8% during the fourth quarter. Toronto Dominion Bank now owns 50,382 shares of the industrial products company's stock valued at $14,398,000 after acquiring an additional 11,269 shares in the last quarter. Institutional investors own 75.75% of the company's stock.

Insider Activity at Rockwell Automation

In other news, SVP Cyril Perducat sold 1,435 shares of the company's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $348.08, for a total transaction of $499,494.80. Following the completion of the transaction, the senior vice president directly owned 3,787 shares of the company's stock, valued at approximately $1,318,178.96. This represents a 27.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Blake D. Moret sold 24,400 shares of the company'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 value 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 position. The disclosure for this sale can be found here. Insiders sold a total of 31,922 shares of company stock worth $11,191,812 over the last ninety days. Insiders own 0.68% of the company's stock.

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.

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