Key Points
- Rockwell Automation VP Isaac Woods sold 154 shares for approximately $66,623 at an average price of $432.62, reducing his direct ownership by 7.65%. The sale occurred under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards.
- Rockwell reported quarterly EPS of $3.49 and revenue of $2.31 billion, beating analyst estimates, while revenue increased 7.9% year over year. The company issued fiscal 2026 EPS guidance of $13.00–$13.30.
- The company authorized a $1 billion share repurchase program, allowing it to buy back up to 2% of outstanding shares. Analysts maintain a consensus “Hold” rating with an average price target of $469.14.
Rockwell Automation, Inc. (NYSE:ROK - Get Free Report) VP Isaac Woods sold 154 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $432.62, for a total value of $66,623.48. Following the completion of the sale, the vice president directly owned 1,858 shares in the company, valued at approximately $803,807.96. The trade was a 7.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. 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.
Rockwell Automation Trading Down 0.6%
Shares of ROK stock opened at $426.73 on Thursday. Rockwell Automation, Inc. has a 1-year low of $332.71 and a 1-year high of $497.36. The company has a market cap of $47.39 billion, a price-to-earnings ratio of 39.99, a PEG ratio of 2.50 and a beta of 1.52. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. The stock has a 50 day simple moving average of $450.53 and a 200-day simple moving average of $429.20.
Rockwell Automation (NYSE:ROK - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.38 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, equities research analysts expect that Rockwell Automation, Inc. will post 13.23 EPS for the current fiscal year.
Rockwell Automation announced that its Board of Directors has initiated a stock buyback plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to reacquire up to 2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on ROK shares. Citigroup reduced their price target on shares of Rockwell Automation from $555.00 to $536.00 and set a "buy" rating for the company in a research report on Wednesday, August 5th. Sanford C. Bernstein lifted their price objective on Rockwell Automation from $501.00 to $514.00 and gave the stock a "market perform" rating in a report on Friday, August 14th. Evercore set a $485.00 price objective on Rockwell Automation in a research note on Wednesday, August 5th. Argus increased their target price on Rockwell Automation from $465.00 to $530.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Finally, DA Davidson decreased their target price on Rockwell Automation from $500.00 to $490.00 and set a "neutral" rating on the stock in a research report on Friday, August 21st. Nine investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $469.14.
View Our Latest Stock Analysis on ROK
Institutional Investors Weigh In On Rockwell Automation
A number of hedge funds have recently modified their holdings of ROK. Virtus Advisers LLC acquired a new position in Rockwell Automation during the second quarter worth about $25,000. MV Capital Management Inc. acquired a new stake in Rockwell Automation in the 4th quarter valued at about $28,000. Manchester Capital Management LLC raised its holdings in Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 39 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in Rockwell Automation in the 1st quarter worth approximately $31,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in Rockwell Automation in the 4th quarter worth approximately $33,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.
About Rockwell Automation
(
Get Free Report)
Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and other industrial organizations improve productivity, safety, quality and operational efficiency by connecting control systems, equipment, software and data across production environments.
Its portfolio includes programmable logic controllers, industrial computers, sensors, motor control and drives, motion-control systems, safety equipment, human-machine interfaces and industrial networking technologies.
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