Rockwell Automation (ROK) Projected to Post Quarterly Earnings on Wednesday

Rockwell Automation (NYSE:ROKGet Free Report) is anticipated to post its quarterly earnings results 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:ROKGet Free Report) last issued 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. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.06 billion. Rockwell Automation had a return on equity of 30.42% and a net margin of 11.53%. The business’s revenue was down 20.6% compared to the same quarter last year. During the same period last year, the business posted $3.64 EPS. 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 Stock Down 0.9 %

Shares of NYSE:ROK opened at $288.08 on Monday. Rockwell Automation has a 1 year low of $242.81 and a 1 year high of $307.71. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.08 and a quick ratio of 0.72. The business’s 50-day moving average is $288.50 and its 200-day moving average is $275.18. The company has a market capitalization of $32.56 billion, a price-to-earnings ratio of 34.79, a P/E/G ratio of 3.11 and a beta of 1.36.

Rockwell Automation Increases Dividend

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

Analyst Ratings Changes

ROK has been the subject of several recent analyst reports. Robert W. Baird raised their price objective on shares of Rockwell Automation from $290.00 to $305.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 26th. Morgan Stanley raised their price target on shares of Rockwell Automation from $320.00 to $335.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Citigroup upped their price objective on shares of Rockwell Automation from $313.00 to $345.00 and gave the company a “buy” rating in a report on Monday, December 9th. Oppenheimer raised their target price on Rockwell Automation from $288.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, HSBC raised Rockwell Automation from a “hold” rating to a “buy” rating and set a $355.00 price target on the stock in a research note on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $304.16.

Get Our Latest Analysis on ROK

Insider Activity at Rockwell Automation

In related news, CEO Blake D. Moret sold 26,700 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $298.63, for a total value of $7,973,421.00. Following the transaction, the chief executive officer now directly owns 78,115 shares of the company’s stock, valued at approximately $23,327,482.45. The trade was a 25.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Isaac Woods sold 895 shares of the firm’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $274.72, for a total transaction of $245,874.40. Following the sale, the vice president now owns 1,198 shares of the company’s stock, valued at $329,114.56. This trade represents a 42.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 36,436 shares of company stock valued at $10,832,549 over the last ninety days. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation Company Profile

(Get Free Report)

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.

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Earnings History for Rockwell Automation (NYSE:ROK)

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