Rockwell Automation
About: With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software & control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.
Employees: 27,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 109
0% more call options, than puts
Call options by funds: $113M | Put options by funds: $113M
0% more funds holding
Funds holding: 1,138 [Q2] → 1,139 (+1) [Q3]
2.34% less ownership
Funds ownership: 82.21% [Q2] → 79.87% (-2.34%) [Q3]
7% less capital invested
Capital invested by funds: $25.8B [Q2] → $24.1B (-$1.68B) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 368 | Existing positions reduced: 433
43% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 4 (-3) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Jefferies Saree Boroditsky 33% 1-year accuracy 4 / 12 met price target | 21%upside $350 | Buy Upgraded | 12 Dec 2024 |
Citigroup Andrew Kaplowitz 61% 1-year accuracy 41 / 67 met price target | 19%upside $345 | Buy Maintained | 9 Dec 2024 |
Keybanc Ken Newman 50% 1-year accuracy 9 / 18 met price target | 19%upside $345 | Overweight Upgraded | 9 Dec 2024 |
Barclays Julian Mitchell 61% 1-year accuracy 62 / 101 met price target | 0%upside $290 | Equal-Weight Upgraded | 5 Dec 2024 |
Baird Richard Eastman 65% 1-year accuracy 15 / 23 met price target | 5%upside $305 | Outperform Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 6 articles about ROK published over the past 30 days
