Welcome to our dedicated page for Rockwell Automat news (Ticker: ROK), a resource for investors and traders seeking the latest updates and insights on Rockwell Automat stock.
Rockwell Automation, Inc. (NYSE: ROK) delivers industrial automation solutions powering global manufacturing sector. Track all official company announcements and market-moving developments through this comprehensive news hub.
Access timely updates on earnings reports, product launches, strategic partnerships, and operational milestones. Investors and professionals gain critical insights into ROK's intelligent devices, control systems, and digital transformation initiatives shaping modern industrial processes.
Discover coverage spanning financial performance, sustainability efforts, cybersecurity enhancements, and technology collaborations. Our curated news collection simplifies monitoring ROK's position in process automation, energy optimization, and smart manufacturing trends.
Bookmark this page for direct access to Rockwell Automation's verified press materials and analysis. Stay informed about developments impacting industrial automation markets through reliable, up-to-date reporting on ROK's business activities.
Rockwell Automation (NYSE: ROK) has appointed Veena Lakkundi as Senior Vice President, Corporate Strategy and Development, effective November 1. Lakkundi previously held significant roles at 3M, including Senior VP and Chief Strategy Officer. Her expertise will enhance Rockwell's strategic planning and drive development activities. She succeeds Elik Fooks, who is retiring after a successful career at Rockwell. CEO Blake Moret acknowledged Lakkundi's capabilities in building teams and delivering value, signaling a commitment to advancing Rockwell's leadership in industrial automation and digital transformation.
Rockwell Automation (NYSE: ROK) plans to announce its fourth quarter fiscal 2021 results on November 2, before market opening. The results will be available on the company's Investor Relations website. An 8:30 a.m. EDT conference call will follow to discuss the results, accessible via phone and web. Presentation materials and a replay will be available until December 3. Rockwell Automation, a leader in industrial automation, employs approximately 24,000 people across 100 countries.
Rockwell Automation (NYSE: ROK) will host its annual investor meeting on November 10, coinciding with the 30th annual Automation Fair at the George R. Brown Convention Center in Houston, Texas. The public webcast starts at approximately 1 p.m. CST featuring presentations from Blake Moret, Chairman and CEO, among other leaders. Investors can access the webcast through the Rockwell Automation Investor Relations website.
Rockwell Automation (NYSE: ROK) and Ansys (NASDAQ: ANSS) have announced an enhanced connection between Rockwell's Studio 5000 Simulation Interface and Ansys's digital twin software, Twin Builder. This integration enables engineers to utilize simulation for designing and optimizing industrial operations. Key benefits include creating virtual equipment designs, virtually commissioning systems, and testing process changes in a simulated environment. This partnership aims to improve efficiency and reduce costs in the industrial automation sector, providing significant insights throughout the equipment lifecycle.
Rockwell Automation (NYSE: ROK) Chairman and CEO Blake Moret is scheduled to present at the Morgan Stanley Virtual 9th Annual Laguna Conference on Monday, September 13, 2021. The fireside chat will begin at approximately 9:30 a.m. Central Time and will be accessible via the Rockwell Automation Investor Relations website. Rockwell Automation, headquartered in Milwaukee, Wisconsin, is a leader in industrial automation and employs around 24,000 individuals globally, dedicated to enhancing productivity and sustainability.
Rockwell Automation (NYSE: ROK) has completed its acquisition of Plex Systems, enhancing its cloud-native smart manufacturing offerings. Plex's platform, serving over 700 customers and managing 8 billion transactions daily, will integrate with Rockwell’s existing software solutions, including FactoryTalk. The acquisition aims to better support industrial clients transitioning to cloud solutions, bolstering Rockwell’s position in the market. Both companies emphasize the strategic importance of this merger for optimizing customer operations and facilitating smart manufacturing.
Rockwell Automation (NYSE: ROK) announced the pricing of $1.5 billion in notes on August 3, 2021, as part of a public offering. The issuance includes three series: $600 million maturing in 2023 at 0.350% interest, $450 million maturing in 2031 at 1.750%, and $450 million maturing in 2061 at 2.800%. The offering is expected to close on August 17, 2021, subject to customary conditions. The net proceeds will partially fund the acquisition of Plex Systems. Major underwriters include BofA Securities and Goldman Sachs.
Rockwell Automation (NYSE: ROK) has announced its plans to offer three series of notes, depending on market conditions. The proceeds will be used to help finance the anticipated acquisition of Plex Systems. BofA Securities, Goldman Sachs, Loop Capital Markets, and Wells Fargo Securities are the joint book-running managers for this offering. The announcement clarifies that it does not constitute an offer to sell securities in jurisdictions where such offers are not permitted.
Rockwell Automation, Inc. (NYSE: ROK) reported strong fiscal Q3 2021 results, with sales reaching $1,848.2 million, up 32.6% year-over-year. Organic sales grew by 26.4%, boosted by high demand for automation solutions. GAAP net income was $271.3 million ($2.32/share), down from $317.8 million ($2.73/share) due to lower fair-value gains related to PTC investments. Adjusted EPS surged 75% to $2.31. The company raised its fiscal 2021 guidance, projecting sales growth of ~12% and EPS between $12.85 - $13.05, reflecting confidence in ongoing demand despite anticipated supply chain constraints.
