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 42.9% and is now trading at $227.39. 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 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 had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.61 billion. Rockwell Automation had a return on equity of 118.85% and a net margin of 10.54%. Rockwell Automation's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company posted $2.04 EPS. View Rockwell Automation's earnings history.

Rockwell Automation declared a quarterly dividend on Wednesday, June 3rd. Investors of record on Monday, August 17th will be paid 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 1.79%. The ex-dividend date of this dividend is Friday, August 14th. View Rockwell Automation's dividend history.

Rockwell Automation declared that its Board of Directors has approved a stock repurchase plan on Thursday, September 6th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding 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 generally a sign that the company's management 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 earnings per share 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 Wall Street analysts have issued 12 month price targets for Rockwell Automation's shares. Their forecasts range from $120.00 to $250.00. On average, they anticipate Rockwell Automation's stock price to reach $189.38 in the next twelve months. This suggests that the stock has a possible downside of 16.7%. View analysts' price targets for Rockwell Automation.

News articles about ROK stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rockwell Automation earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near 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 trading volume of 1,220,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.8% of the company's shares 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 institutional and retail 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, Sujeet Chand, and Terry L Riesterer. View insider buying and selling activity for Rockwell Automation.

ROK stock was acquired 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 $227.39.

Rockwell Automation has a market capitalization of $26.34 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]