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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.
Rockwell Automation reported a strong second quarter for fiscal 2021, achieving record orders of $2 billion. Sales increased to $1,776.1 million, a 5.6% rise from the previous year, with organic sales up 1.3%. Net income surged to $415.0 million, or $3.54 per share, compared to $132.2 million, or $1.13 per share, in Q2 of fiscal 2020. However, Adjusted EPS fell 2.4% to $2.41. The company updated its fiscal 2021 guidance, projecting sales growth of 9.0%-12.0% and EPS of $12.53-$12.93, reflecting confidence despite ongoing COVID-19 impacts.
Rockwell Automation (NYSE: ROK) and Comau have formed a partnership to enhance manufacturing efficiencies through unified robot control solutions. This collaboration allows engineers to integrate Comau's robot arms with Rockwell's automation systems, streamlining programming and operational management. CEO Blake Moret noted that this initiative aims to accelerate customer value, while Comau's CEO highlighted the combined expertise of both companies. The partnership includes the use of Rockwell's advanced digital engineering tools and aims to provide businesses with deeper insights into machine performance.
The Board of Directors of Rockwell Automation (NYSE: ROK) declared a quarterly dividend of $1.07 per share on its common stock. This dividend is payable on June 10, 2021 to shareholders of record as of the close of business on May 17, 2021. Rockwell Automation, a leader in industrial automation and digital transformation, employs approximately 23,500 people globally and operates in over 100 countries.
Rockwell Automation (NYSE: ROK) will report its second quarter fiscal 2021 results on April 28, before market opens. An audio webcast of the results will be available at 8:30 a.m. EDT, with presentation materials accessible on the Investor Relations website. Interested parties can join the call by dialing +1 (833) 714-0916 or +1 (778) 560-2692 for international participants, using passcode 5482206. A replay will be available until May 28, 2021. Rockwell Automation is a leader in industrial automation, employing approximately 23,500 professionals worldwide.
Rockwell Automation (NYSE: ROK) will be represented by Chairman and CEO Blake Moret and CFO Nick Gangestad at the Bank of America Global Industrials Conference on March 17, 2021. Their fireside chat will start at 12:20 p.m. Central Time and will be available via webcast on the Rockwell Automation Investor Relations website.
Rockwell Automation is a leader in industrial automation and digital transformation. The company, based in Milwaukee, Wisconsin, employs around 23,500 individuals globally, providing solutions to enhance productivity and sustainability.
Rockwell Automation (NYSE: ROK) Chairman and CEO Blake Moret, alongside SVP and CFO Nick Gangestad, will present at the J.P. Morgan Industrials Conference on March 15, 2021. The fireside chat is scheduled to begin at 8:40 a.m. Central Time and will be available via webcast on the Rockwell Automation Investor Relations website. Rockwell Automation is a leading company in industrial automation and digital transformation, employing 23,500 professionals across over 100 countries, dedicated to enhancing productivity and sustainability.
Rockwell Automation (NYSE: ROK) announced that Nicholas Gangestad will be the new senior vice president and chief financial officer, effective March 1. Gangestad joins from 3M, where he served as CFO, focusing on financial planning, compliance, and treasury. His leadership is expected to enhance Rockwell's strategic vision and promote growth, particularly in the software sector. Gangestad succeeds Steve Etzel, who has been interim CFO since November 2020 and will retire after a transition period. Gangestad holds an undergraduate degree from Augsburg University and an MBA from the University of Minnesota.
On February 17, 2021, Blake Moret, Chairman and CEO of Rockwell Automation (NYSE: ROK), will present at Citi’s 2021 Global Industrials Virtual Conference. The fireside chat is set to commence at 7:50 a.m. Central Time and will be accessible via the Rockwell Automation Investor Relations website. Rockwell Automation, a leader in industrial automation and digital transformation, employs around 23,500 professionals across more than 100 countries, driving innovation to enhance productivity and sustainability.
Rockwell Automation (NYSE: ROK) Chairman and CEO, Blake Moret, is set to present at the Barclays Industrial Select Conference on February 16, 2021. The fireside chat will commence at approximately 7:50 a.m. Central Time and will be available via webcast on Rockwell Automation's Investor Relations website. Rockwell Automation is a global leader in industrial automation and digital transformation, employing around 23,500 individuals across more than 100 countries to drive productivity and sustainability in industrial enterprises.
The Board of Directors of Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of $1.07 per share on its common stock. This dividend is payable on March 10, 2021 to shareholders of record as of February 16, 2021. Rockwell Automation is a leader in industrial automation and digital transformation, employing around 23,500 individuals globally and committed to advancing productivity and sustainability.
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