Zacks Research Has Bullish Forecast for ROK Q3 Earnings

Rockwell Automation, Inc. (NYSE:ROK) – Zacks Research upped their Q3 2026 earnings per share (EPS) estimates for shares of Rockwell Automation in a research report issued on Friday, September 19th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $3.00 for the quarter, up from their previous forecast of $2.98. The consensus estimate for Rockwell Automation’s current full-year earnings is $9.35 per share. Zacks Research also issued estimates for Rockwell Automation’s Q4 2026 earnings at $3.06 EPS, FY2026 earnings at $10.88 EPS, Q2 2027 earnings at $2.94 EPS, Q3 2027 earnings at $3.10 EPS and FY2027 earnings at $12.16 EPS.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.15. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The firm had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same period last year, the business posted $2.71 EPS. Rockwell Automation’s quarterly revenue was up 4.5% on a year-over-year basis.

ROK has been the topic of a number of other research reports. Barclays increased their target price on Rockwell Automation from $357.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. Wells Fargo & Company set a $345.00 target price on Rockwell Automation and gave the company an “equal weight” rating in a report on Friday, August 8th. Bank of America upgraded Rockwell Automation from a “neutral” rating to a “buy” rating and increased their target price for the company from $360.00 to $410.00 in a report on Wednesday, July 16th. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Oppenheimer lowered their target price on Rockwell Automation from $371.00 to $363.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $340.16.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $342.84 on Monday. The business’s fifty day moving average price is $346.13 and its two-hundred day moving average price is $307.33. The stock has a market cap of $38.55 billion, a PE ratio of 40.24, a price-to-earnings-growth ratio of 3.60 and a beta of 1.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06. Rockwell Automation has a one year low of $215.00 and a one year high of $360.92.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ROK. Brighton Jones LLC purchased a new stake in shares of Rockwell Automation during the fourth quarter worth about $281,000. Bank Pictet & Cie Europe AG increased its position in shares of Rockwell Automation by 0.9% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 4,195 shares of the industrial products company’s stock worth $1,199,000 after acquiring an additional 38 shares during the last quarter. Waverly Advisors LLC increased its position in shares of Rockwell Automation by 158.7% during the fourth quarter. Waverly Advisors LLC now owns 2,398 shares of the industrial products company’s stock worth $685,000 after acquiring an additional 1,471 shares during the last quarter. Vise Technologies Inc. purchased a new stake in shares of Rockwell Automation during the fourth quarter worth about $252,000. Finally, Toronto Dominion Bank increased its position in shares of Rockwell Automation by 28.8% during the fourth quarter. Toronto Dominion Bank now owns 50,382 shares of the industrial products company’s stock worth $14,398,000 after acquiring an additional 11,269 shares during the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Rockwell Automation news, Director James P. Keane sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total value of $1,068,180.00. Following the transaction, the director directly owned 9,192 shares of the company’s stock, valued at $3,272,903.52. This trade represents a 24.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Terry L. Riesterer sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $350.08, for a total value of $735,168.00. Following the completion of the transaction, the vice president directly owned 1,033 shares in the company, valued at $361,632.64. This trade represents a 67.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,922 shares of company stock valued at $11,191,812 over the last ninety days. 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.