Rockwell Automation (NYSE: ROK) recently received a number of ratings updates from brokerages and research firms:

  • 1/8/2019 – Rockwell Automation was downgraded by analysts at Wolfe Research to a “market perform” rating.
  • 1/7/2019 – Rockwell Automation had its price target lowered by analysts at Barclays PLC from $170.00 to $165.00. They now have an “equal weight” rating on the stock.
  • 1/4/2019 – Rockwell Automation had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $155.00 price target on the stock.
  • 1/3/2019 – Rockwell Automation had its “underperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $158.00 price target on the stock, down previously from $170.00.
  • 12/31/2018 – Rockwell Automation had its “hold” rating reaffirmed by analysts at Zacks Investment Research. They now have a $159.00 price target on the stock. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Growing investment and acquisitions will also fuel growth. However, Rockwell Automation’s operations will be impacted in Europe due to currency fluctuations and increasing oil prices. It will also bear the brunt of tariffs. Moreover, the stock has underperformed its industry over the past year.”
  • 12/20/2018 – Rockwell Automation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $169.00 price target on the stock. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Rockwell Automation will benefit from its focus on broadening the portfolio of hardware and software products, solutions and services. Growing investment and acquisitions will also fuel growth.”
  • 12/19/2018 – Rockwell Automation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Growing investment and acquisitions will also fuel growth. However, Rockwell Automation’s operations will be impacted in Europe due to currency fluctuations and increasing oil prices. It will also bear the brunt of tariffs. Moreover, the stock has underperformed its industry over the past year.”
  • 11/30/2018 – Rockwell Automation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Growing investment and acquisitions will also fuel growth. However, Rockwell Automation’s operations will be impacted in Europe due to currency fluctuations and increasing oil prices. It will also bear the brunt of tariffs. Moreover, the stock has underperformed its industry over the past year.”
  • 11/28/2018 – Rockwell Automation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $188.00 price target on the stock. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Rockwell Automation will benefit from its focus on broadening the portfolio of hardware and software products, solutions and services. Growing investment and acquisitions will also fuel growth.”
  • 11/22/2018 – Rockwell Automation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Growing investment and acquisitions will also fuel growth. However, Rockwell Automation’s operations will be impacted in Europe due to currency fluctuations and increasing oil prices. It will also bear the brunt of tariffs. Moreover, the stock has underperformed its industry over the past year.”
  • 11/21/2018 – Rockwell Automation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $188.00 price target on the stock. According to Zacks, “For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Rockwell Automation will benefit from its focus on broadening the portfolio of hardware and software products, solutions and services. Growing investment and acquisitions will also fuel growth.”
  • 11/19/2018 – Rockwell Automation was given a new $145.00 price target on by analysts at Berenberg Bank. They now have a “sell” rating on the stock.
  • 11/19/2018 – Rockwell Automation is now covered by analysts at Stephens. They set an “overweight” rating and a $200.00 price target on the stock.
  • 11/15/2018 – Rockwell Automation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. They now have a $187.00 price target on the stock. According to Zacks, “Rockwell Automation’s fourth-quarter fiscal 2018 adjusted earnings and revenues increased 25% and 4% respectively, on a year-over-year basis. Earnings beat the Zacks Consensus Estimate, however, sales missed the Consensus mark. For fiscal 2019, Rockwell Automation expects its adjusted EPS to be $8.85-$9.25, which represents 12% year-over-year growth at the mid-point. It also anticipates organic sales to be up 3.7-6.7%. The company will gain from favorable manufacturing environment, strength in heavy industries and positive macroeconomic indicators. Growing investment and acquisitions will also fuel growth. However, Rockwell Automation’s operations will be impacted in Europe due to currency fluctuations and increasing oil prices. It will also bear the brunt of tariffs. Moreover, the stock has underperformed its industry over the past year.”

Shares of Rockwell Automation stock traded down $0.86 on Monday, hitting $154.99. The company had a trading volume of 11,872 shares, compared to its average volume of 1,085,110. The stock has a market capitalization of $18.56 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 1.47 and a beta of 1.32. Rockwell Automation has a twelve month low of $141.46 and a twelve month high of $209.38. The company has a quick ratio of 1.01, a current ratio of 1.27 and a debt-to-equity ratio of 0.76.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Wednesday, November 7th. The industrial products company reported $2.11 EPS for the quarter, topping the Zacks’ consensus estimate of $2.02 by $0.09. Rockwell Automation had a net margin of 8.03% and a return on equity of 57.53%. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. Equities analysts anticipate that Rockwell Automation will post 9.01 EPS for the current fiscal year.

In other Rockwell Automation news, insider Theodore D. Crandall sold 13,420 shares of the firm’s stock in a transaction that occurred on Tuesday, December 4th. The shares were sold at an average price of $175.77, for a total transaction of $2,358,833.40. Following the completion of the transaction, the insider now owns 95,994 shares in the company, valued at approximately $16,872,865.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Patrick P. Goris sold 177 shares of the firm’s stock in a transaction that occurred on Friday, December 7th. The stock was sold at an average price of $167.71, for a total transaction of $29,684.67. The disclosure for this sale can be found here. Insiders have sold 34,724 shares of company stock worth $6,100,662 over the last quarter. Corporate insiders own 1.43% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Rockwell Automation by 0.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 401,812 shares of the industrial products company’s stock valued at $66,790,000 after acquiring an additional 1,877 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Rockwell Automation by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,406 shares of the industrial products company’s stock valued at $1,896,000 after buying an additional 1,026 shares in the last quarter. Laurion Capital Management LP grew its holdings in shares of Rockwell Automation by 21.3% during the second quarter. Laurion Capital Management LP now owns 1,793 shares of the industrial products company’s stock worth $298,000 after purchasing an additional 315 shares in the last quarter. BB&T Securities LLC grew its holdings in shares of Rockwell Automation by 28.1% during the second quarter. BB&T Securities LLC now owns 4,952 shares of the industrial products company’s stock worth $823,000 after purchasing an additional 1,087 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in shares of Rockwell Automation by 36.3% during the second quarter. Raymond James & Associates now owns 66,984 shares of the industrial products company’s stock worth $11,135,000 after purchasing an additional 17,839 shares in the last quarter. 75.27% of the stock is owned by institutional investors.

Rockwell Automation, Inc provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.

Read More: What are the reasons investors use put options?

Receive News & Ratings for Rockwell Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation and related companies with MarketBeat.com's FREE daily email newsletter.