NYSE:ROKRockwell Automation Stock Price, Forecast & News

Rockwell Automation's stock was trading at $159.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ROK shares have increased by 36.0% and is now trading at $216.40. 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) announced its quarterly earnings data on Tuesday, April, 28th. The industrial products company reported $2.43 EPS for the quarter, topping the Zacks' consensus estimate of $1.82 by $0.61. The industrial products company earned $1.68 billion during the quarter, compared to analysts' expectations of $1.61 billion. Rockwell Automation had a return on equity of 118.85% and a net margin of 10.54%. The firm's revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $2.04 earnings per share. View Rockwell Automation's earnings history.

Rockwell Automation announced a quarterly dividend on Tuesday, April 7th. Investors of record on Monday, May 18th will be paid a dividend of $1.02 per share on Wednesday, June 10th. This represents a $4.08 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Friday, May 15th. View Rockwell Automation's dividend history.

Rockwell Automation announced that its Board of Directors has authorized 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 stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

Rockwell Automation updated its FY20 earnings guidance on Tuesday, April, 28th. The company provided EPS guidance of $6.90-7.70 for the period, compared to the Thomson Reuters consensus 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 brokers have issued twelve-month target prices 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 $187.65 in the next twelve months. This suggests that the stock has a possible downside of 13.3%. View analysts' price targets for Rockwell Automation.

News stories about ROK stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rockwell Automation earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutRockwell Automation.

Rockwell Automation saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,200,000 shares, an increase of 12.3% from the April 15th total of 2,850,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is presently 2.6 days. Approximately 2.8% of the shares of the company 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), Brady (BRC), EnerSys (ENS), Vicor (VICR), 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.19%), State Street Corp (4.17%), Alecta Pensionsforsakring Omsesidigt (2.60%), JPMorgan Chase & Co. (1.92%), Geode Capital Management LLC (1.86%) and Wellington Management Group LLP (1.79%). 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 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 Franklin Resources Inc., Pictet Asset Management Ltd., Two Sigma Advisers LP, APG Asset Management N.V., Swedbank, Fred Alger Management LLC, Assenagon Asset Management S.A., and Schroder Investment Management Group. 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 M Miller, Michael Laszkiewicz, 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 purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Sumitomo Mitsui Trust Holdings Inc., JPMorgan Chase & Co., BlackRock Inc., Ceredex Value Advisors LLC, Capital World Investors, Impax Asset Management Group plc, and Mackenzie Financial Corp. 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 $216.40.

Rockwell Automation has a market capitalization of $25.06 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]