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 27.1% and is now trading at $202.19. View which stocks have been most impacted by Coronavirus.

18 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 4 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 earnings results on Tuesday, April, 28th. The industrial products company reported $2.43 earnings per share for the quarter, topping analysts' consensus estimates 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 company's quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.04 EPS. View Rockwell Automation's earnings history.

Rockwell Automation announced a quarterly dividend on Tuesday, April 7th. Shareholders of record on Monday, May 18th will be given a dividend of $1.02 per share on Wednesday, June 10th. This represents a $4.08 annualized dividend and a yield of 2.02%. The ex-dividend date is Friday, May 15th. View Rockwell Automation's dividend history.

Rockwell Automation announced that its board has initiated a share buyback program 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 programs are generally an indication that the company's leadership believes its shares are undervalued.

Rockwell Automation updated its FY20 earnings guidance on Tuesday, April, 28th. The company provided earnings per share (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.

18 analysts have issued twelve-month price objectives for Rockwell Automation's stock. Their forecasts range from $120.00 to $220.00. On average, they expect Rockwell Automation's stock price to reach $183.75 in the next year. This suggests that the stock has a possible downside of 9.1%. View analysts' price targets for Rockwell Automation.

Media stories about ROK stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Rockwell Automation earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutRockwell Automation.

Rockwell Automation saw a increase in short interest in 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 days-to-cover ratio is currently 2.6 days. Approximately 2.8% of the shares of the stock 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), 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 variety of retail and institutional investors. Top institutional investors 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, 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 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 $202.19.

Rockwell Automation has a market capitalization of $23.42 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]