Rockwell Automation, Inc. (NYSE:ROK) Stock Has Average Price Target of $469.82

Rockwell Automation, Inc. (NYSE:ROK) has received a consensus rating of “Hold” from the twenty-two brokerages that are presently covering the stock, MarketBeat Ratings reports. Thirteen investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $469.82.

Several research firms have recently weighed in on ROK. Evercore set a $485.00 target price on shares of Rockwell Automation in a research report on Wednesday, August 5th. Robert W. Baird set a $514.00 price target on shares of Rockwell Automation in a research report on Wednesday, August 5th. Sanford C. Bernstein lifted their price target on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a research note on Friday, August 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Rockwell Automation in a research note on Monday, September 14th. Finally, Zacks Research lowered Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th.

Rockwell Automation Stock Down 0.5%

ROK stock opened at $432.01 on Wednesday. Rockwell Automation has a twelve month low of $335.17 and a twelve month high of $497.36. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $47.97 billion, a P/E ratio of 33.69, a PEG ratio of 2.05 and a beta of 1.51. The firm has a 50 day simple moving average of $433.50 and a 200-day simple moving average of $438.31.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm earned $2.82 earnings per share. The business’s revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, equities research analysts predict that Rockwell Automation will post 13.26 earnings per share for the current fiscal year.

Insider Transactions at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 467 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $426.96, for a total value of $199,390.32. Following the completion of the sale, the senior vice president directly owned 1,267 shares in the company, valued at approximately $540,958.32. The trade was a 26.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Christian E. Rothe sold 590 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total value of $256,237.00. Following the sale, the chief financial officer directly owned 10,429 shares in the company, valued at approximately $4,529,314.70. This represents a 5.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 2,711 shares of company stock worth $1,164,880. 0.76% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rockwell Automation

A number of hedge funds have recently added to or reduced their stakes in ROK. Flputnam Investment Management Co. bought a new stake in shares of Rockwell Automation in the 2nd quarter worth approximately $1,001,000. Mandatum Life Insurance Co Ltd lifted its stake in Rockwell Automation by 26.9% during the first quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock valued at $7,967,000 after purchasing an additional 4,700 shares during the last quarter. Lombard Odier Asset Management Europe Ltd lifted its stake in Rockwell Automation by 54.2% during the first quarter. Lombard Odier Asset Management Europe Ltd now owns 36,211 shares of the industrial products company’s stock valued at $12,995,000 after purchasing an additional 12,727 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its stake in Rockwell Automation by 145.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 26,123 shares of the industrial products company’s stock valued at $10,164,000 after purchasing an additional 15,496 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in Rockwell Automation by 19.6% during the fourth quarter. Hsbc Holdings PLC now owns 274,512 shares of the industrial products company’s stock worth $106,965,000 after buying an additional 44,944 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Company Profile

Rockwell Automation, Inc is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and other industrial organizations improve productivity, quality, safety, and operational efficiency by connecting industrial equipment, control systems, software, and data.

Its offerings include programmable logic controllers, industrial computers, motor control and drives, sensors, safety systems, human-machine interfaces, and other control and electrical products.