What is KeyCorp’s Estimate for ROK FY2025 Earnings?

Rockwell Automation, Inc. (NYSE:ROK) – Analysts at KeyCorp issued their FY2025 earnings estimates for shares of Rockwell Automation in a research report issued on Monday, December 9th. KeyCorp analyst K. Newman expects that the industrial products company will earn $9.25 per share for the year. KeyCorp has a “Overweight” rating and a $345.00 price target on the stock. The consensus estimate for Rockwell Automation’s current full-year earnings is $9.39 per share.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, November 7th. The industrial products company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.07. Rockwell Automation had a net margin of 11.53% and a return on equity of 30.42%. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter last year, the firm earned $3.64 earnings per share. The firm’s quarterly revenue was down 20.6% compared to the same quarter last year.

Several other equities research analysts have also recently issued reports on ROK. Bank of America raised their target price on shares of Rockwell Automation from $270.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. UBS Group started coverage on Rockwell Automation in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $313.00 target price on the stock. Barclays raised shares of Rockwell Automation from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $255.00 to $290.00 in a report on Thursday, December 5th. BNP Paribas assumed coverage on Rockwell Automation in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $345.00 price target for the company. Finally, Mizuho raised their price objective on shares of Rockwell Automation from $245.00 to $270.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $298.29.

Rockwell Automation Trading Up 1.3 %

Rockwell Automation stock opened at $297.49 on Wednesday. The business’s fifty day moving average is $278.85 and its 200 day moving average is $269.30. 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 stock has a market capitalization of $33.59 billion, a PE ratio of 35.99, a price-to-earnings-growth ratio of 3.09 and a beta of 1.36. Rockwell Automation has a one year low of $242.81 and a one year high of $312.76.

Hedge Funds Weigh In On Rockwell Automation

Several hedge funds have recently made changes to their positions in ROK. Tidal Investments LLC grew its position in Rockwell Automation by 4.3% during the 3rd quarter. Tidal Investments LLC now owns 8,404 shares of the industrial products company’s stock worth $2,256,000 after purchasing an additional 350 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Rockwell Automation during the 3rd quarter worth $464,000. Virtu Financial LLC acquired a new position in Rockwell Automation during the third quarter worth about $1,348,000. Sunbelt Securities Inc. grew its position in shares of Rockwell Automation by 34.5% in the third quarter. Sunbelt Securities Inc. now owns 694 shares of the industrial products company’s stock valued at $186,000 after purchasing an additional 178 shares in the last quarter. Finally, Toronto Dominion Bank grew its holdings in Rockwell Automation by 16.3% in the 3rd quarter. Toronto Dominion Bank now owns 39,113 shares of the industrial products company’s stock valued at $10,500,000 after buying an additional 5,480 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Veena M. Lakkundi sold 579 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $266.86, for a total transaction of $154,511.94. Following the sale, the senior vice president now owns 4,576 shares in the company, valued at approximately $1,221,151.36. The trade was a 11.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John M. Miller sold 467 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $284.07, for a total transaction of $132,660.69. Following the sale, the vice president now directly owns 4,800 shares in the company, valued at approximately $1,363,536. This represents a 8.87 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,541 shares of company stock worth $10,586,674. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Monday, November 18th were paid a $1.31 dividend. The ex-dividend date was Monday, November 18th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.25. This represents a $5.24 dividend on an annualized basis and a yield of 1.76%. Rockwell Automation’s dividend payout ratio is 63.29%.

Rockwell Automation announced that its Board of Directors has initiated a share 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 reacquire up to 3.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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.