S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
NYSE:ROK

Rockwell Automation (ROK) Stock Price, News & Analysis

$285.90
+1.08 (+0.38%)
(As of 05:45 PM ET)
Today's Range
$284.13
$290.67
50-Day Range
$259.98
$294.59
52-Week Range
$252.11
$348.52
Volume
1.39 million shs
Average Volume
1.04 million shs
Market Capitalization
$32.76 billion
P/E Ratio
27.20
Dividend Yield
1.75%
Price Target
$310.08

Rockwell Automation MarketRank™ Stock Analysis

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
8.5% Upside
$310.08 Price Target
Short Interest
Healthy
2.47% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.33mentions of Rockwell Automation in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$5.06 M Sold Last Quarter
Proj. Earnings Growth
9.73%
From $12.03 to $13.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Industrial Products Sector

24th out of 172 stocks

Measuring & Controlling Devices, Not Elsewhere Classified Industry

2nd out of 10 stocks

ROK stock logo

About Rockwell Automation Stock (NYSE:ROK)

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. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, and warehousing and logistics, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

ROK Stock Price History

ROK Stock News Headlines

2024 Oil Boom
Wall Street’s betting on new oil bull market… JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing.
Rockwell Automation (NYSE:ROK) Price Target Cut to $322.00
2024 Oil Boom
Wall Street’s betting on new oil bull market… JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing.
3 Stocks That Could Be the Next Big Thing in Robotics
Why Shares in Siemens Slumped Today
Rockwell Links up with Church & Dwight
Rockwell Automation downgraded on earnings risk at Berenberg
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Ex-Dividend for 3/11 Dividend
2/16/2024
Dividend Payable
3/11/2024
Today
4/15/2024
Next Earnings (Estimated)
4/25/2024
Ex-Dividend for 6/10 Dividend
5/10/2024
Dividend Payable
6/10/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Electrical Components & Equipment
CUSIP
77390310
Employees
29,000
Year Founded
1903

Price Target and Rating

Average Stock Price Target
$310.08
High Stock Price Target
$360.00
Low Stock Price Target
$254.00
Potential Upside/Downside
+8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$1.39 billion
Pretax Margin
15.34%

Debt

Sales & Book Value

Annual Sales
$9.06 billion
Cash Flow
$15.86 per share
Book Value
$32.59 per share

Miscellaneous

Free Float
113,813,000
Market Cap
$32.76 billion
Optionable
Optionable
Beta
1.43

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Should I Buy Rockwell Automation Stock? ROK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Rockwell Automation, Inc.:

  • Rockwell Automation, Inc. provides industrial automation and digital transformation solutions globally, positioning itself in key markets across North America, Europe, Asia Pacific, and Latin America.
  • The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services, offering a diversified portfolio of products and services to cater to various industrial needs.
  • Rockwell Automation's focus on hardware and software products and services ensures a comprehensive approach to industrial automation, enhancing efficiency and productivity for its clients.
  • With a strong presence in sectors like automotive, semiconductor, and warehousing, Rockwell Automation has established itself as a reliable partner in critical industries, providing stability and growth potential.
  • Investors may find Rockwell Automation's stock price appealing, considering its performance in recent periods and the company's strategic positioning in the industrial automation sector.

Cons

Investors should be bearish about investing in Rockwell Automation, Inc. for these reasons:

  • While Rockwell Automation has a strong market presence, the industrial automation sector is highly competitive, with rapid technological advancements and evolving customer demands posing challenges for sustained growth.
  • Fluctuations in global economic conditions and industrial activities can impact Rockwell Automation's performance, leading to potential revenue volatility for investors.
  • Investing in specialty industrial machinery companies like Rockwell Automation involves exposure to sector-specific risks, such as regulatory changes, supply chain disruptions, and market cyclicality.
  • The company's reliance on key end markets like automotive and semiconductor industries may expose it to sector-specific vulnerabilities, affecting its financial performance and investor returns.
  • Considering the dynamic nature of the industrial automation landscape, investors should carefully assess Rockwell Automation's competitive positioning and innovation strategies to evaluate long-term investment prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Rockwell Automation pros and cons to contact@marketbeat.com.

ROK Stock Analysis - Frequently Asked Questions

Should I buy or sell Rockwell Automation stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rockwell Automation in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ROK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROK, but not buy additional shares or sell existing shares.
View ROK analyst ratings
or view top-rated stocks.

What is Rockwell Automation's stock price target for 2024?

13 analysts have issued 12 month price objectives for Rockwell Automation's stock. Their ROK share price targets range from $254.00 to $360.00. On average, they predict the company's stock price to reach $310.08 in the next year. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for ROK
or view top-rated stocks among Wall Street analysts.

How have ROK shares performed in 2024?

Rockwell Automation's stock was trading at $310.48 on January 1st, 2024. Since then, ROK stock has decreased by 7.9% and is now trading at $285.90.
View the best growth stocks for 2024 here
.

Are investors shorting Rockwell Automation?

Rockwell Automation saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,830,000 shares, an increase of 28.1% from the March 15th total of 2,210,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.5% of the company's stock are sold short.
View Rockwell Automation's Short Interest
.

When is Rockwell Automation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ROK earnings forecast
.

How were Rockwell Automation's earnings last quarter?

Rockwell Automation, Inc. (NYSE:ROK) issued its quarterly earnings results on Wednesday, January, 31st. The industrial products company reported $2.04 EPS for the quarter, missing the consensus estimate of $2.62 by $0.58. The industrial products company earned $2.05 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 13.35% and a trailing twelve-month return on equity of 37.22%. During the same quarter in the prior year, the firm posted $2.46 earnings per share.
Read the conference call transcript
.

How often does Rockwell Automation pay dividends? What is the dividend yield for Rockwell Automation?

Rockwell Automation declared a quarterly dividend on Tuesday, April 9th. Investors of record on Monday, May 13th will be given a dividend of $1.25 per share on Monday, June 10th. This represents a $5.00 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Friday, May 10th.
Read our dividend analysis for ROK
.

Is Rockwell Automation a good dividend stock?

Rockwell Automation (NYSE:ROK) pays an annual dividend of $5.00 per share and currently has a dividend yield of 1.76%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ROK will have a dividend payout ratio of 37.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROK.

How will Rockwell Automation's stock buyback program work?

Rockwell Automation announced that its board has approved a share buyback program on Tuesday, May 3rd 2022, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

What guidance has Rockwell Automation issued on next quarter's earnings?

Rockwell Automation updated its FY24 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of $12.00-13.50 for the period, compared to the consensus earnings per share estimate of $12.86. The company issued revenue guidance of $9.10-9.65 billion, compared to the consensus revenue estimate of $9.35 billion.

What is Blake Moret's approval rating as Rockwell Automation's CEO?

442 employees have rated Rockwell Automation Chief Executive Officer Blake Moret on Glassdoor.com. Blake Moret has an approval rating of 91% among the company's employees. This puts Blake Moret in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Rockwell Automation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rockwell Automation investors own include Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), QUALCOMM (QCOM), Walt Disney (DIS), Micron Technology (MU), Tesla (TSLA), AbbVie (ABBV), Home Depot (HD) and Lockheed Martin (LMT).

Who are Rockwell Automation's major shareholders?

Rockwell Automation's stock is owned by a variety of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.07%), Congress Asset Management Co. MA (0.03%), M. Kraus & Co (0.03%), Rockland Trust Co. (0.03%), Fort Pitt Capital Group LLC (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Blake D Moret, Brian A Shepherd, Christopher Nardecchia, Cyril Perducat, Elik I Fooks, Elik I Fooks, Ernest Nicolas, Francis Wlodarczyk, Frank C Kulaszewicz, Frank C Kulaszewicz, Isaac Woods, John M Miller, Nicholas C Gangestad, Patricia A Watson, Rebecca W House, Robert L Buttermore, Scott Genereux, Sujeet Chand, Terry L Riesterer, Tessa M Myers and Veena M Lakkundi.
View institutional ownership trends
.

How do I buy shares of Rockwell Automation?

Shares of ROK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Rockwell Automation have any subsidiaries?
The following companies are subsidiares of Rockwell Automation: ASEM, Allen-Bradley Technical Services LLC, Anorad Corporation, Asem S.r.l, Automation Control Products, Avata, Avnet Cyber & Information Security, ESC Services, Emulate3D Ltd, Fiix Inc., Hiprom, ICS Triplex, Incuity Software, Jacobs Automation LLC, Kalypso, Lektronix, MESTECH, MagneMotion Inc., Maverick Technologies, Maverick Technologies LLC, Odos Imaging, Oylo, Pavilion Technologies, Plex Systems Holdings Inc., Plex Systems Inc., Plex Systems., ProsCon Ltd, Rockwell Automation (China) Company Limited, Rockwell Automation Asia Pacific Business Center PTE. Ltd., Rockwell Automation Australia Ltd, Rockwell Automation B.V., Rockwell Automation Canada Ltd., Rockwell Automation Control Solutions (Harbin) Co. Ltd, Rockwell Automation Control Solutions (Shanghai) Limited, Rockwell Automation G.m.b.H, Rockwell Automation India Private Limited, Rockwell Automation International Holdings LLC, Rockwell Automation Korea Ltd, Rockwell Automation Limited, Rockwell Automation Monterrey Manufacturing S de RL de CV, Rockwell Automation N.V., Rockwell Automation S.r.l., Rockwell Automation SAS, Rockwell Automation Sales Company LLC, Rockwell Automation Solutions G.m.b.H., Rockwell Automation Southeast Asia Pte. Ltd., Rockwell Automation Spolka Z Organiczona Odpowiedzialnoscia, Rockwell Automation Switzerland G.m.b.H, Rockwell Automation Technologies Inc., Rockwell Automation US Holdings LLC, Rockwell Automation de Mexico S.A. de C.V., Rockwell Automation do Brasil Ltda., Rutter Hinz Inc., Sensia LLC, Sensia Netherlands B.V., SoftSwitching Technologies, Swinton Technology, ThinManager, and vMonitor.
Read More
This page (NYSE:ROK) was last updated on 4/15/2024 by MarketBeat.com Staff

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