Rockwell Automation (ROK) to Release Quarterly Earnings on Wednesday

Rockwell Automation (NYSE:ROK) is projected to release its earnings data before the market opens on Wednesday, January 29th. Analysts expect Rockwell Automation to post earnings of $1.66 per share and revenue of $1,911,280.00 billion for the quarter. Rockwell Automation has set its FY25 guidance at $8.60-9.80 EPS and its FY 2025 guidance at 8.600-9.800 EPS.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, November 7th. The industrial products company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.07. Rockwell Automation had a net margin of 11.53% and a return on equity of 30.42%. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same period in the previous year, the firm posted $3.64 earnings per share. Rockwell Automation’s revenue for the quarter was down 20.6% compared to the same quarter last year. On average, analysts expect Rockwell Automation to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Rockwell Automation Price Performance

Shares of ROK stock opened at $288.08 on Monday. The firm’s 50 day moving average price is $288.50 and its two-hundred day moving average price is $275.18. The stock has a market cap of $32.56 billion, a PE ratio of 34.79, a PEG ratio of 3.11 and a beta of 1.36. Rockwell Automation has a 52-week low of $242.81 and a 52-week high of $307.71. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 1.08.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Monday, November 18th were issued a dividend of $1.31 per share. The ex-dividend date was Monday, November 18th. This represents a $5.24 dividend on an annualized basis and a yield of 1.82%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.25. Rockwell Automation’s dividend payout ratio (DPR) is 63.29%.

Insider Buying and Selling at Rockwell Automation

In other news, CEO Blake D. Moret sold 26,700 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $298.63, for a total value of $7,973,421.00. Following the completion of the transaction, the chief executive officer now directly owns 78,115 shares in the company, valued at approximately $23,327,482.45. This represents a 25.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Veena M. Lakkundi sold 579 shares of the business’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $266.86, for a total value of $154,511.94. Following the sale, the senior vice president now owns 4,576 shares in the company, valued at $1,221,151.36. This represents a 11.23 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,436 shares of company stock valued at $10,832,549. 0.68% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ROK. Bank of America lifted their target price on Rockwell Automation from $270.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. HSBC upgraded Rockwell Automation from a “hold” rating to a “buy” rating and set a $355.00 price objective on the stock in a report on Wednesday, December 11th. UBS Group started coverage on Rockwell Automation in a research note on Wednesday, November 13th. They set a “neutral” rating and a $313.00 target price for the company. Stephens raised shares of Rockwell Automation from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $275.00 to $350.00 in a research note on Thursday, January 16th. Finally, Citigroup increased their price objective on shares of Rockwell Automation from $313.00 to $345.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $304.16.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.