Rockwell Automation (NYSE:ROK) Issues FY25 Earnings Guidance

Rockwell Automation (NYSE:ROK) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $8.60-9.80 for the period, compared to the consensus estimate of $10.54. The company issued revenue guidance of ~$7.93-8.43 billion, compared to the consensus revenue estimate of $8.55 billion. Rockwell Automation also updated its FY 2025 guidance to 8.600-9.800 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Mizuho boosted their price objective on Rockwell Automation from $245.00 to $270.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Oppenheimer lifted their target price on shares of Rockwell Automation from $270.00 to $288.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Barclays dropped their price target on shares of Rockwell Automation from $250.00 to $245.00 and set an “underweight” rating for the company in a research note on Wednesday, July 10th. Wells Fargo & Company upped their price objective on Rockwell Automation from $293.00 to $305.00 and gave the company an “overweight” rating in a report on Monday, October 7th. Finally, Bank of America raised their target price on Rockwell Automation from $270.00 to $285.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Rockwell Automation has a consensus rating of “Hold” and a consensus target price of $281.93.

Rockwell Automation Trading Down 6.5 %

NYSE:ROK opened at $275.02 on Thursday. The stock has a fifty day moving average price of $266.71 and a 200 day moving average price of $266.63. The company has a current ratio of 1.04, a quick ratio of 0.68 and a debt-to-equity ratio of 0.73. Rockwell Automation has a 12-month low of $242.81 and a 12-month high of $312.76. The firm has a market cap of $31.21 billion, a PE ratio of 33.41, a price-to-earnings-growth ratio of 4.61 and a beta of 1.36.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.63. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.03 billion. Rockwell Automation had a return on equity of 34.09% and a net margin of 11.56%. The business’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $3.01 earnings per share. Sell-side analysts anticipate that Rockwell Automation will post 9.65 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Monday, November 18th will be given a $1.31 dividend. The ex-dividend date of this dividend is Monday, November 18th. 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 dividend yield of 1.91%. Rockwell Automation’s dividend payout ratio is currently 56.82%.

Rockwell Automation announced that its board has initiated a stock buyback program on Thursday, September 5th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the industrial products company to repurchase up to 3.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, SVP Veena M. Lakkundi sold 579 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president now directly owns 4,576 shares of the company’s stock, valued at $1,221,151.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.68% of the company’s stock.

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.