NYSE:ROKRockwell Automation Stock Price, Forecast & News

Rockwell Automation's stock was trading at $159.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ROK shares have increased by 32.6% and is now trading at $210.90. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rockwell Automation in the last year. There are currently 5 sell ratings, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rockwell Automation.

Rockwell Automation is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Rockwell Automation.

Rockwell Automation (NYSE:ROK) issued its quarterly earnings results on Tuesday, April, 28th. The industrial products company reported $2.43 EPS for the quarter, beating the Zacks' consensus estimate of $1.82 by $0.61. The industrial products company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.61 billion. Rockwell Automation had a net margin of 10.54% and a return on equity of 118.85%. The business's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.04 earnings per share. View Rockwell Automation's earnings history.

Rockwell Automation announced a quarterly dividend on Wednesday, June 3rd. Investors of record on Monday, August 17th will be given a dividend of $1.02 per share on Thursday, September 10th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Friday, August 14th. View Rockwell Automation's dividend history.

Rockwell Automation announced that its Board of Directors has initiated a share buyback plan on Thursday, September 6th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Rockwell Automation issued an update on its FY20 earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $6.90-7.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.87. The company issued revenue guidance of decline of 3-6.5% to $6.26-6.46 billion, compared to the consensus revenue estimate of $6.20 billion.

19 analysts have issued 12-month price targets for Rockwell Automation's stock. Their forecasts range from $120.00 to $250.00. On average, they expect Rockwell Automation's share price to reach $192.06 in the next year. This suggests that the stock has a possible downside of 8.9%. View analysts' price targets for Rockwell Automation.

Headlines about ROK stock have been trending very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rockwell Automation earned a daily sentiment score of -3.8 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Rockwell Automation.

Rockwell Automation saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,930,000 shares, a decrease of 13.1% from the June 15th total of 3,370,000 shares. Based on an average trading volume of 1,140,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.6% of the company's shares are sold short. View Rockwell Automation's Current Options Chain.

Some companies that are related to Rockwell Automation include Roper Technologies (ROP), Emerson Electric (EMR), Eaton (ETN), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), II-VI (IIVI), Acuity Brands (AYI), Regal Beloit (RBC), Vicor (VICR), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all competitors.

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

Rockwell Automation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ROK."

Rockwell Automation's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Confluence Investment Management LLC (0.10%), Carnegie Capital Asset Management LLC (0.07%), Robecosam AG (0.05%), DNB Asset Management AS (0.05%) and Manning & Napier Group LLC (0.04%). Company insiders that own Rockwell Automation stock include Blake D Moret, David M Dorgan, Elik I Fooks, Ernest Nicolas, Francis Wlodarczyk, Frank C Kulaszewicz, James Phillip Holloman, John A Genovesi, John M Miller, Keith D Nosbusch, Michael Laszkiewicz, Patrick P Goris, Rebecca W House, Robert B Murphy, Steven W Etzel, Sujeet Chand, Susan Schmitt, Terry L Riesterer and Theodore D Crandall. View institutional ownership trends for Rockwell Automation.

ROK stock was sold by a variety of institutional investors in the last quarter, including Robecosam AG, Rockland Trust Co., DNB Asset Management AS, Carnegie Capital Asset Management LLC, TrimTabs Asset Management LLC, and Riverbridge Partners LLC. Company insiders that have sold Rockwell Automation company stock in the last year include Blake D Moret, David M Dorgan, Elik I Fooks, Ernest Nicolas, Francis Wlodarczyk, Frank C Kulaszewicz, James Phillip Holloman, John A Genovesi, John M Miller, Patrick P Goris, Rebecca W House, Steven W Etzel, Sujeet Chand, and Terry L Riesterer. View insider buying and selling activity for Rockwell Automation.

ROK stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Chemung Canal Trust Co., State of Alaska Department of Revenue, Chesley Taft & Associates LLC, Cypress Capital Group, OmniStar Financial Group Inc., Contravisory Investment Management Inc., and Traverso Chambers Private Wealth Management LLC. View insider buying and selling activity for Rockwell Automation.

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

One share of ROK stock can currently be purchased for approximately $210.90.

Rockwell Automation has a market capitalization of $24.43 billion and generates $6.69 billion in revenue each year. The industrial products company earns $695.80 million in net income (profit) each year or $8.67 on an earnings per share basis. Rockwell Automation employs 23,000 workers across the globe.

The official website for Rockwell Automation is www.rockwellautomation.com.

Rockwell Automation's mailing address is 1201 SOUTH SECOND STREET, MILWAUKEE WI, 53204. The industrial products company can be reached via phone at 414-382-2000 or via email at [email protected]