Rockwell Automation (NYSE:ROK) Releases FY25 Earnings Guidance

Rockwell Automation (NYSE:ROK) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $8.60-9.80 for the period, compared to the consensus EPS 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.

Rockwell Automation Price Performance

ROK stock opened at $275.02 on Thursday. Rockwell Automation has a 52-week low of $242.81 and a 52-week high of $312.76. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.68 and a current ratio of 1.04. The firm has a market capitalization of $31.21 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 4.61 and a beta of 1.36. The firm has a 50 day moving average price of $266.71 and a 200-day moving average price of $266.63.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.63. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.03 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.09%. Rockwell Automation’s revenue was down 8.4% compared to the same quarter last year. During the same period last year, the business earned $3.01 EPS. Equities research analysts forecast that Rockwell Automation will post 9.65 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Monday, November 18th will be issued a dividend of $1.31 per share. 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%. The ex-dividend date of this dividend is Monday, November 18th. Rockwell Automation’s dividend payout ratio is presently 56.82%.

Rockwell Automation announced that its Board of Directors has authorized a share repurchase plan on Thursday, September 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the industrial products company to purchase up to 3.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Oppenheimer boosted their price objective on Rockwell Automation from $270.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Bank of America upped their price target on Rockwell Automation from $270.00 to $285.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Morgan Stanley started coverage on shares of Rockwell Automation in a report on Friday, September 6th. They issued an “overweight” rating and a $320.00 target price on the stock. JPMorgan Chase & Co. reduced their price target on shares of Rockwell Automation from $245.00 to $227.00 and set an “underweight” rating on the stock in a report on Monday, August 12th. Finally, Barclays dropped their price objective on shares of Rockwell Automation from $250.00 to $245.00 and set an “underweight” rating for the company in a report on Wednesday, July 10th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $281.93.

Insider Transactions at Rockwell Automation

In other news, SVP Veena M. Lakkundi sold 579 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $266.86, for a total value of $154,511.94. Following the sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.68% of the company’s stock.

About Rockwell Automation

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.