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 37.7% and is now trading at $219.0814. 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) posted its quarterly earnings data on Tuesday, April, 28th. The industrial products company reported $2.43 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.82 by $0.61. The industrial products company earned $1.68 billion during 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 quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.04 EPS. View Rockwell Automation's earnings history.

Rockwell Automation declared a quarterly dividend on Wednesday, June 3rd. Shareholders 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 1.86%. The ex-dividend date of this dividend is Friday, August 14th. View Rockwell Automation's dividend history.

Rockwell Automation declared that its board has authorized a share repurchase plan on Thursday, September 6th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 4.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

Rockwell Automation issued an update on 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 twelve-month price objectives 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 12.3%. View analysts' price targets for Rockwell Automation.

Press coverage about ROK stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rockwell Automation earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the next several days. View the latest news about Rockwell Automation.

Rockwell Automation saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 2,930,000 shares, a decline of 13.1% from the June 15th total of 3,370,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.6% 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), 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 number of institutional and retail 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, IFM Investors Pty Ltd, Rockland Trust Co., DNB Asset Management AS, Carnegie Capital Asset Management LLC, TrimTabs Asset Management LLC, Boenning & Scattergood Inc., 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 purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, Chemung Canal Trust Co., State of Alaska Department of Revenue, Chesley Taft & Associates LLC, First United Bank Trust, Cypress Capital Group, and Minot 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 $219.08.

Rockwell Automation has a market capitalization of $25.37 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]