Rockwell Automation Stock Forecast, Price & News

Rockwell Automation's stock was trading at $159.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROK shares have increased by 53.7% and is now trading at $244.45.
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20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rockwell Automation in the last year. There are currently 3 sell ratings, 10 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Rockwell Automation stock. 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.
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442 employees have rated Rockwell Automation CEO Blake Moret on Glassdoor.com. Blake Moret has an approval rating of 91% among Rockwell Automation's employees. This puts Blake Moret in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Rockwell Automation is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Rockwell Automation.

Rockwell Automation, Inc. (NYSE:ROK) released its earnings results on Tuesday, January, 26th. The industrial products company reported $2.38 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.89 by $0.49. The industrial products company earned $1.57 billion during the quarter, compared to analysts' expectations of $1.61 billion. Rockwell Automation had a net margin of 16.17% and a trailing twelve-month return on equity of 81.39%. The business's revenue for the quarter was down 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.11 EPS.
View Rockwell Automation's earnings history.

Rockwell Automation announced a quarterly dividend on Wednesday, November 4th. Investors of record on Monday, November 16th will be given a dividend of $1.07 per share on Thursday, December 10th. This represents a $4.28 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Friday, November 13th. This is a positive change from Rockwell Automation's previous quarterly dividend of $1.02.
View Rockwell Automation's dividend history.

Rockwell Automation pays an annual dividend of $4.28 per share and currently has a dividend yield of 1.64%. Rockwell Automation has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Rockwell Automation is 55.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Rockwell Automation will have a dividend payout ratio of 45.48% next year. This indicates that Rockwell Automation will be able to sustain or increase its dividend.
View Rockwell Automation's dividend history.

Rockwell Automation updated its FY21 earnings guidance on Tuesday, January, 26th. The company provided earnings per share guidance of $8.70-9.10 for the period, compared to the Thomson Reuters consensus estimate of $8.65. The company issued revenue guidance of +8.5-11.5% (implying $6.87-7.06 billion), compared to the consensus revenue estimate of $6.79 billion.

20 brokers have issued 1 year target prices for Rockwell Automation's shares. Their forecasts range from $120.00 to $288.00. On average, they expect Rockwell Automation's share price to reach $224.63 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
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Some companies that are related to Rockwell Automation include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), AMETEK (AME), Enphase Energy (ENPH), Generac (GNRC), II-VI (IIVI), FuelCell Energy (FCEL), Regal Beloit (RBC), Acuity Brands (AYI), Vicor (VICR), EnerSys (ENS), Franklin Electric (FELE), Brady (BRC) and Belden (BDC).
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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), The Walt Disney (DIS), Micron Technology (MU), Tesla (TSLA), AbbVie (ABBV), The Home Depot (HD) and Lockheed Martin (LMT).

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 Frontier Capital Management Co. LLC (0.21%), Ardevora Asset Management LLP (0.19%), Atalanta Sosnoff Capital LLC (0.19%), Huntington National Bank (0.18%), Candriam Luxembourg S.C.A. (0.16%) and New York State Teachers Retirement System (0.12%). Company insiders that own Rockwell Automation stock include Blake D Moret, Christopher Nardecchia, David M Dorgan, Elik I Fooks, Ernest Nicolas, Francis Wlodarczyk, Frank C Kulaszewicz, Isaac Woods, James Phillip Holloman, John A Genovesi, John M Miller, Michael Laszkiewicz, Patrick P Goris, Rebecca W House, Robert B Murphy, Steven W Etzel, Sujeet Chand, Terry L Riesterer and Thomas Donato.
View institutional ownership trends for Rockwell Automation.

ROK stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Candriam Luxembourg S.C.A., Rockland Trust Co., Strs Ohio, New York State Teachers Retirement System, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, Confluence Investment Management LLC, and Avantax Advisory Services Inc.. Company insiders that have sold Rockwell Automation company stock in the last year include Blake D Moret, Christopher Nardecchia, Elik I Fooks, Francis Wlodarczyk, Frank C Kulaszewicz, Isaac Woods, James Phillip Holloman, John A Genovesi, John M Miller, Patrick P Goris, Rebecca W House, Robert B Murphy, Steven W Etzel, Sujeet Chand, and Thomas Donato.
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ROK stock was bought by a variety of institutional investors in the last quarter, including Polaris Wealth Advisory Group LLC, Atalanta Sosnoff Capital LLC, DNB Asset Management AS, Contravisory Investment Management Inc., Kestra Advisory Services LLC, TIAA FSB, Peregrine Capital Management LLC, and Janney Montgomery Scott LLC.
View insider buying and selling activity for Rockwell Automation or or view top insider-buying stocks.

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

One share of ROK stock can currently be purchased for approximately $244.45.

Rockwell Automation has a market capitalization of $28.40 billion and generates $6.33 billion in revenue each year. The industrial products company earns $1.02 billion in net income (profit) each year or $7.68 on an earnings per share basis. Rockwell Automation employs 23,500 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]