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Rockwell Automation, Inc. - ROK STOCK NEWS

Welcome to our dedicated page for Rockwell Automation news (Ticker: ROK), a resource for investors and traders seeking the latest updates and insights on Rockwell Automation stock.

Rockwell Automation, Inc. (NYSE: ROK) is a leading American provider of industrial automation solutions, dedicated to enhancing productivity and sustainability. The company's renowned brands include Allen-Bradley, FactoryTalk software, and LifecycleIQ Services. As a pure-play automation competitor, Rockwell Automation develops hardware and software products alongside comprehensive services aimed at optimizing industrial operations.

Tracing its roots back to Rockwell International, Rockwell Automation emerged as an independent entity following the spin-off of Rockwell Collins in 2001. The company operates through three primary segments: Intelligent Devices, Software and Control, and Lifecycle Services. The Intelligent Devices segment encompasses drives, sensors, and industrial components, while the Software and Control segment focuses on information, network, and security software. The Lifecycle Services segment offers consulting, maintenance services, and includes Rockwell's joint venture with SLB, Sensia.

Rockwell Automation has been at the forefront of industrial advancements for over 120 years, driving efficiency and innovation across various sectors. The company's holistic strategy emphasizes sustainability, underscoring its commitment to environmental stewardship and resource optimization. Recent notable achievements include an agreement with 1PointFive to purchase carbon dioxide removal (CDR) credits from a Direct Air Capture (DAC) facility in Texas, reflecting Rockwell Automation's goal of achieving net-zero carbon neutrality by 2030.

In collaboration with 1PointFive, Rockwell Automation supports technologies that advance sustainability objectives by providing practical, transparent, and durable carbon removal solutions. This partnership is a testament to Rockwell's dedication to connecting technology with human potential to build a more connected, productive, and sustainable world.

Additionally, Rockwell Automation has partnered with ISAP India Foundation to modernize dairy farming in the water-scarce region of Antargaon, Maharashtra. This corporate social responsibility (CSR) project leverages innovative technologies and digital solutions to enhance livestock development, resulting in increased milk production and improved livelihoods for local farmers.

Rockwell Automation continues to set industry standards through its cutting-edge solutions and unwavering focus on sustainability and social impact, making it a pivotal player in the global industrial automation landscape.

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Kalypso, a Rockwell Automation business, has appointed Elaine Cowley as part of their leadership team to enhance their consumer practice in the EMEA region. Cowley brings over 20 years of experience in industrial consulting and sales, having previously worked with IBM Consulting Services and AT&T. Her expertise will be crucial for Kalypso as they aim to navigate significant changes in the consumer industry over the next decade. This strategic hire signals Kalypso's commitment to driving regional growth and delivering innovative solutions to clients.

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Rockwell Automation (NYSE: ROK) has been recognized as a Visionary in the 2022 Gartner Magic Quadrant for its FactoryTalk® ProductionCentre. This acknowledgment highlights Rockwell's growth and recognition in the Manufacturing Execution Systems (MES) market. The report reflects an evolving perspective on MES functionality, emphasizing comprehensive solutions that span various industries. Rockwell's collaboration with Plex Systems further strengthens its operations management portfolio, benefiting over 700 customers and managing over eight billion transactions daily.

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Rockwell Automation (NYSE: ROK) has appointed Tessa Myers as the new senior vice president of Intelligent Devices, effective June 6. Myers, who succeeds retiring Fran Wlodarczyk, brings extensive experience in industrial automation, previously serving as VP and GM for Production Operations Management Software. CEO Blake Moret highlighted her leadership in transforming market strategies and driving product innovation. The Intelligent Devices segment focuses on automation solutions foundational to smart production systems.

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Plex Systems, a Rockwell Automation company, introduced new machine learning features for its Plex DemandCaster Supply Chain Planning (SCP) to enhance forecast accuracy and improve customer service. The advanced capabilities address increasing supply chain complexities caused by workforce shortages and logistics challenges, enabling businesses to better manage disruptions. This innovation empowers users to leverage multiple data sources, enhancing forecasting precision while reducing excess inventory. Plex's platform manages over eight billion transactions daily and serves more than 700 customers globally.

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Kalypso, the digital services arm of Rockwell Automation (NYSE: ROK), will hold four sessions at the ROKLive event from June 13-16, 2022, in Orlando, Fla.. This event unites leaders from Rockwell, Plex Systems, and partner networks to discuss digital transformation.

The sessions include topics on enhancing manufacturing through Digital Performance Management, transforming production with Digital Twin solutions, improving supply chains, and advancing AI in automation. Kalypso aims to provide attendees with actionable insights into leveraging digital technology.

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The Board of Directors of Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of $1.12 per share on its common stock. This dividend is payable on September 12, 2022, to shareholders on record as of August 15, 2022. Rockwell Automation is a leader in industrial automation and digital transformation, employing around 25,000 individuals across more than 100 countries. The company focuses on enhancing productivity and sustainability in industrial enterprises.

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Rockwell Automation (NYSE: ROK) announces that SVP and Chief Financial Officer, Nick Gangestad, will present at the UBS Global Industrials and Transportation Conference in New York on June 7, 2022. The fireside chat is set to begin at approximately 9:40 a.m. EDT and will be webcast live. Investors can access the webcast through the Rockwell Automation Investor Relations website.

Headquartered in Milwaukee, Wisconsin, Rockwell Automation is a leader in industrial automation and digital transformation, employing around 25,000 people in over 100 countries worldwide.

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Rockwell Automation (NYSE: ROK) will be represented by Chairman and CEO Blake Moret at Bernstein’s 38th Annual Strategic Decisions Conference on June 3, 2022. The event is scheduled to start at approximately 8:00 a.m. EDT and will be webcast live, accessible through the Rockwell Automation Investor Relations website. Rockwell Automation is a leader in industrial automation and digital transformation, headquartered in Milwaukee, Wisconsin, employing around 25,000 individuals across more than 100 countries.

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Plex Systems, a Rockwell Automation company (NYSE: ROK), has been recognized as a Major Player in two recent IDC MarketScape reports for its manufacturing ERP and operational ERP solutions. The reports highlight Plex's comprehensive integration capabilities and industry expertise. This recognition aligns with the company's goal of modernizing ERP software in the manufacturing sector.

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Rockwell Automation (NYSE: ROK) will have its Chairman and CEO, Blake Moret, presenting virtually at the Goldman Sachs Industrials & Materials Conference on May 12, 2022. The fireside chat is scheduled to begin at approximately 7:00 a.m. CDT and will be available via webcast on the company's investor relations website. Rockwell Automation, based in Milwaukee, Wisconsin, is a leader in industrial automation and digital transformation, employing around 25,000 professionals in over 100 countries.

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FAQ

What is the current stock price of Rockwell Automation (ROK)?

The current stock price of Rockwell Automation (ROK) is $273.4 as of January 10, 2025.

What is the market cap of Rockwell Automation (ROK)?

The market cap of Rockwell Automation (ROK) is approximately 30.9B.

What does Rockwell Automation, Inc. do?

Rockwell Automation, Inc. provides industrial automation solutions, including hardware and software products, and services through its brands like Allen-Bradley and FactoryTalk.

What are the main segments of Rockwell Automation?

Rockwell Automation operates through three segments: Intelligent Devices, Software and Control, and Lifecycle Services.

When did Rockwell Automation become an independent entity?

Rockwell Automation became an independent entity in 2001 following the spin-off of Rockwell Collins.

What is Rockwell Automation's stance on sustainability?

Rockwell Automation is committed to environmental stewardship, aiming for net-zero carbon neutrality by 2030 and supporting technologies that advance sustainability goals.

What recent partnerships has Rockwell Automation announced?

Rockwell Automation recently partnered with 1PointFive to purchase carbon dioxide removal credits and with ISAP India Foundation to enhance dairy farming in Maharashtra, India.

What is the significance of the agreement with 1PointFive?

The agreement with 1PointFive involves purchasing CDR credits from a DAC facility, supporting Rockwell's sustainability strategy to achieve net-zero carbon by 2030.

How does Rockwell Automation help improve dairy farming in India?

Rockwell Automation collaborates with ISAP India Foundation and eVerse.AI to modernize dairy farming in Maharashtra, using innovative technologies to increase milk production and improve farmer livelihoods.

What brands are associated with Rockwell Automation?

Key brands under Rockwell Automation include Allen-Bradley, FactoryTalk software, and LifecycleIQ Services.

What is the role of the Sensia JV in Rockwell Automation?

The Sensia JV with SLB focuses on providing consulting and maintenance services as part of Rockwell's Lifecycle Services segment.

How long has Rockwell Automation been in the industrial automation industry?

Rockwell Automation has been a leader in the industrial automation industry for over 120 years, continuously driving efficiency and innovation.
Rockwell Automation, Inc.

NYSE:ROK

ROK Rankings

ROK Stock Data

30.90B
112.73M
0.25%
84.67%
2.42%
Specialty Industrial Machinery
Measuring & Controlling Devices, Nec
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United States of America
MILWAUKEE