Rockwell Automation (NYSE:ROK) Issues Quarterly Earnings Results, Beats Expectations By $0.22 EPS

Rockwell Automation (NYSE:ROKGet Free Report) released its earnings results on Monday. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.22, Zacks reports. Rockwell Automation had a net margin of 11.53% and a return on equity of 30.42%. Rockwell Automation updated its FY 2025 guidance to 8.600-9.800 EPS.

Rockwell Automation Stock Performance

ROK stock opened at $302.14 on Tuesday. The firm has a market cap of $34.15 billion, a price-to-earnings ratio of 36.49, a PEG ratio of 2.89 and a beta of 1.35. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 1.08. The firm has a 50-day simple moving average of $285.72 and a two-hundred day simple moving average of $275.06. Rockwell Automation has a one year low of $242.81 and a one year high of $308.70.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 18th will be given a dividend of $1.31 per share. This represents a $5.24 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Tuesday, February 18th. Rockwell Automation’s payout ratio is 63.29%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price objective on shares of Rockwell Automation from $245.00 to $240.00 and set an “underweight” rating for the company in a report on Wednesday, January 15th. Oppenheimer increased their price objective on shares of Rockwell Automation from $288.00 to $300.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Bank of America increased their price objective on shares of Rockwell Automation from $270.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Barclays cut their price objective on shares of Rockwell Automation from $290.00 to $285.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Finally, KeyCorp raised shares of Rockwell Automation from a “sector weight” rating to an “overweight” rating and set a $345.00 price objective for the company in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $304.16.

Read Our Latest Stock Analysis on ROK

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP John M. Miller sold 467 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $284.07, for a total transaction of $132,660.69. Following the completion of the transaction, the vice president now directly owns 4,800 shares of the company’s stock, valued at approximately $1,363,536. This trade represents a 8.87 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Blake D. Moret sold 26,700 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $298.63, for a total transaction 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 $23,327,482.45. This represents a 25.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,857 shares of company stock valued at $10,678,037 in the last three months. 0.68% of the stock is owned by insiders.

About Rockwell Automation

(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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