Rockwell Automation (NYSE:ROK) Price Target Raised to $475.00 at Stephens

by · The Markets Daily

Rockwell Automation (NYSE:ROK – Get Free Report) had its target price raised by analysts at Stephens from $425.00 to $475.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage presently has an “overweight” rating on the industrial products company’s stock. Stephens’ price objective suggests a potential upside of 13.70% from the company’s current price.

ROK has been the subject of a number of other research reports. Morgan Stanley upped their price objective on shares of Rockwell Automation from $435.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Bank of America increased their price target on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. JPMorgan Chase & Co. raised their price target on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Citigroup lifted their price objective on Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a report on Monday, December 8th. Finally, Jefferies Financial Group increased their target price on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and an average target price of $410.12.

Get Our Latest Analysis on Rockwell Automation

Rockwell Automation Trading Down 1.8%

Shares of ROK stock traded down $7.57 on Friday, reaching $417.75. The company had a trading volume of 726,164 shares, compared to its average volume of 581,817. The stock has a market cap of $46.90 billion, a PE ratio of 54.54, a PEG ratio of 2.98 and a beta of 1.52. The company has a 50-day moving average of $399.62 and a 200-day moving average of $367.51. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. Rockwell Automation has a 12 month low of $215.00 and a 12 month high of $429.58.

Rockwell Automation (NYSE:ROK – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the company earned $2.47 earnings per share. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities analysts forecast that Rockwell Automation will post 9.35 earnings per share for the current year.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP Isaac Woods sold 229 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total transaction of $92,039.68. Following the sale, the vice president directly owned 2,058 shares of the company’s stock, valued at approximately $827,151.36. This represents a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Cyril Perducat sold 804 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total transaction of $323,248.20. Following the completion of the transaction, the senior vice president directly owned 5,858 shares of the company’s stock, valued at approximately $2,355,208.90. This trade represents a 12.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 88,053 shares of company stock worth $34,718,919. Insiders own 0.76% of the company’s stock.

Institutional Investors Weigh In On Rockwell Automation

Several hedge funds have recently bought and sold shares of ROK. Fortitude Family Office LLC raised its stake in Rockwell Automation by 109.5% in the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock valued at $34,000 after buying an additional 46 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 75 shares during the period. Rexford Capital Inc. acquired a new position in shares of Rockwell Automation during the 2nd quarter worth approximately $33,000. Ameriflex Group Inc. raised its stake in Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 50 shares during the period. Finally, SBI Securities Co. Ltd. lifted its holdings in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

About Rockwell Automation

(Get Free Report)

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.

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