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)
21% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 91
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]
2.66% less ownership
Funds ownership: 83.04% [Q2] → 80.37% (-2.66%) [Q3]
7% less capital invested
Capital invested by funds: $26B [Q2] → $24.2B (-$1.79B) [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
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Stephens & Co. Tommy Moll 86% 1-year accuracy 18 / 21 met price target | 22%upside $350 | Overweight Upgraded | 16 Jan 2025 |
JP Morgan Stephen Tusa 73% 1-year accuracy 22 / 30 met price target | 16%downside $240 | Underweight Maintained | 15 Jan 2025 |
Barclays Julian Mitchell 63% 1-year accuracy 70 / 111 met price target | 1%downside $285 | Equal-Weight Maintained | 8 Jan 2025 |
Jefferies Saree Boroditsky 25% 1-year accuracy 2 / 8 met price target | 22%upside $350 | Buy Upgraded | 12 Dec 2024 |
Citigroup Andrew Kaplowitz 66% 1-year accuracy 53 / 80 met price target | 20%upside $345 | Buy Maintained | 9 Dec 2024 |
Financial journalist opinion
Based on 4 articles about ROK published over the past 30 days
