NYSE:ROKRockwell Automation Stock Price, Forecast & News

Rockwell Automation's stock was trading at $159.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROK stock has increased by 38.5% and is now trading at $220.30. 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 earnings per share 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 firm's revenue was up 1.5% compared to the same quarter last year. During the same period last 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 yield of 1.85%. The ex-dividend date of this dividend is Friday, August 14th. View Rockwell Automation's dividend history.

Rockwell Automation announced that its board has initiated a share repurchase plan on Thursday, September 6th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.5% of its stock through open market purchases. Stock buyback plans are usually an indication 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 EPS 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 12-month price targets for Rockwell Automation's shares. Their forecasts range from $120.00 to $250.00. On average, they expect Rockwell Automation's stock price to reach $189.38 in the next twelve months. This suggests that the stock has a possible downside of 14.0%. View analysts' price targets for Rockwell Automation.

Press coverage about ROK stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rockwell Automation earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned news 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 impact on the stock's share price in the near term. View the latest news aboutRockwell Automation.

Rockwell Automation saw a increase in short interest in 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 trading volume of 1,220,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.8% of the shares of the company are short sold. 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), EnerSys (ENS), Brady (BRC), 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 variety of retail and institutional 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 $220.30.

Rockwell Automation has a market capitalization of $25.52 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]