Rockwell Automation - ROK Stock Forecast, Price & News

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in the United States and internationally. The company operates in 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, digital twin and simulation 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, warehousing and logistics, and other discrete markets, 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.

Rockwell Automation Stock Performance

Shares of NYSE:ROK opened at $255.91 on Thursday. The stock has a fifty day moving average price of $219.01 and a two-hundred day moving average price of $240.92. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.76 and a current ratio of 1.06. The firm has a market cap of $29.54 billion, a P/E ratio of 44.66, a PEG ratio of 2.85 and a beta of 1.47. Rockwell Automation has a 1 year low of $190.08 and a 1 year high of $354.99.

Rockwell Automation (NYSE:ROK - Get Rating) last announced its quarterly earnings data on Wednesday, July 27th. The industrial products company reported $2.66 EPS for the quarter, beating analysts' consensus estimates of $2.33 by $0.33. Rockwell Automation had a return on equity of 37.06% and a net margin of 9.03%. The company had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the prior year, the firm earned $2.31 EPS. The company's quarterly revenue was up 6.5% compared to the same quarter last year. Research analysts forecast that Rockwell Automation will post 9.39 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 12th. Stockholders of record on Monday, August 15th will be given a dividend of $1.12 per share. The ex-dividend date is Friday, August 12th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 1.75%. Rockwell Automation's dividend payout ratio (DPR) is presently 78.18%.

Analyst Upgrades and Downgrades

ROK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price objective on Rockwell Automation from $220.00 to $200.00 in a report on Thursday, May 5th. Argus increased their price objective on Rockwell Automation from $250.00 to $290.00 and gave the stock a "buy" rating in a report on Wednesday. Cowen decreased their price objective on Rockwell Automation from $275.00 to $185.00 in a report on Wednesday, May 4th. UBS Group decreased their price objective on Rockwell Automation to $205.00 in a report on Wednesday, May 25th. Finally, Wells Fargo & Company decreased their price objective on Rockwell Automation from $190.00 to $189.00 in a report on Tuesday, July 12th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $240.29.

Insider Activity

In other news, SVP Cyril Perducat sold 664 shares of the stock in a transaction on Thursday, June 2nd. The stock was sold at an average price of $217.75, for a total transaction of $144,586.00. Following the completion of the sale, the senior vice president now owns 1,576 shares in the company, valued at approximately $343,174. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP John M. Miller sold 1,200 shares of the stock in a transaction on Friday, July 29th. The stock was sold at an average price of $253.10, for a total value of $303,720.00. Following the completion of the sale, the vice president now owns 4,508 shares in the company, valued at $1,140,974.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Cyril Perducat sold 664 shares of the stock in a transaction on Thursday, June 2nd. The shares were sold at an average price of $217.75, for a total value of $144,586.00. Following the completion of the sale, the senior vice president now owns 1,576 shares of the company's stock, valued at approximately $343,174. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.