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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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Rockwell Automation (NYSE: ROK) announces a webinar to explore industrial problem-solving through Digital Performance Management on March 9, 2022, from 10 a.m. to 11 a.m. CT. The event will be led by Jeff Miller and Craig Melrose, focusing on how manufacturers can leverage digital factory data for performance improvements and operational efficiency. Attendees will learn to derive key insights from data, implement corrective actions, and sustain continuous process improvement. Register here.

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Rockwell Automation (NYSE: ROK) will present at the Barclays Industrial Select Conference in Miami, Florida, on February 23, 2022. The presentation will feature SVP and CFO Nick Gangestad and SVP of Software & Control Brian Shepherd. The fireside chat will begin at 8:00 a.m. EST and will be available via webcast on Rockwell Automation's Investor Relations website. With a global presence and around 24,500 employees, Rockwell Automation is a leader in industrial automation and digital transformation, headquartered in Milwaukee, Wisconsin.

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Rockwell Automation (NYSE: ROK) will have SVP and CFO Nick Gangestad, along with SVP of Software & Control Brian Shepherd, present at Citi’s 2022 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 22, 2022. The fireside chat will commence at approximately 10:30 a.m. EST and will be webcast live on the Rockwell Automation Investor Relations website. Rockwell Automation is a leader in industrial automation and digital transformation, employing around 24,500 individuals across more than 100 countries.

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Rockwell Automation (NYSE: ROK) announced the election of Robert Soderbery to its board of directors effective February 2, 2022. Soderbery, who has over 30 years of tech industry experience, is currently the executive vice president at Western Digital, overseeing a $10 billion flash memory business. His past roles include leadership positions at Cisco and Symantec. Chairman Blake Moret highlighted Soderbery's technology expertise as a valuable addition to the board, which aims to enhance the company’s strategic direction in industrial automation and digital transformation.

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The Board of Directors of Rockwell Automation (NYSE: ROK) declared a quarterly dividend of $1.12 per share on its common stock. This dividend is payable on March 10, 2022, to shareholders of record as of February 14, 2022. Rockwell Automation is a global leader in industrial automation and digital transformation, with approximately 24,500 employees dedicated to enhancing productivity and sustainability across various industries.

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Rockwell Automation reported record quarterly orders of $2.5 billion, reflecting over 40% year-over-year growth. Sales for Q1 fiscal 2022 reached $1.857 billion, up 18.7% year-over-year, with an organic sales increase of 16.8%. The company reaffirmed its fiscal 2022 sales growth guidance of 16%-19% and adjusted EPS guidance to $10.01-$10.61. Notably, diluted EPS was $2.05, a decrease from $5.06 in Q1 2021, mainly due to lower fair value gains from investments. Pre-tax margin fell to 15.2% from 44.8% last year, impacting net income.

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Plex Systems, a Rockwell Automation company, has received the IDC 2021 SaaS CSAT Customer Satisfaction Award for ERP, ranking higher than competitors in data security, integration ease, and innovation. The award results from a survey of over 2,000 organizations, emphasizing Plex's strong performance amid challenges faced by technology buyers. The company maintains a best-in-class security rating and exceptional uptime of 99.99% in service levels. Plex's commitment to addressing customer needs drives its continuous innovation in cloud-delivered smart manufacturing solutions.

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Rockwell Automation (NYSE: ROK) has appointed Gina Ayala Claxton as the new president for the Americas Region, effective immediately. Claxton, with a 20-year tenure at IBM, is recognized for her expertise in enterprise solutions and leadership. She succeeds Alejandro Capparelli, who has transitioned to a vice president role within the company. Claxton will focus on driving growth and simplifying operations in the Americas while advocating for diversity, equity, and inclusion, becoming the first Latina president in this region.

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Rockwell Automation (NYSE: ROK) is set to announce its first quarter fiscal 2022 financial results on Thursday, Jan. 27, prior to market opening. The results will be accessible on the company's Investor Relations website. An audio webcast to discuss the results will occur at 7:30 a.m. CST on the same day, with presentation materials available beforehand. A replay will be available until Feb. 28.

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FAQ

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

The current stock price of Rockwell Automation (ROK) is $279.56 as of January 9, 2025.

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

The market cap of Rockwell Automation (ROK) is approximately 31.6B.

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

31.60B
112.73M
0.25%
84.67%
2.42%
Specialty Industrial Machinery
Measuring & Controlling Devices, Nec
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United States of America
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