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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) announced the election of Timothy M. Knavish to its board of directors, effective Feb. 7, 2024. Knavish, the CEO of PPG (NYSE: PPG), brings a wealth of experience in global manufacturing, acquisitions, and workforce diversity. His addition to the board is expected to provide valuable counsel and leadership. Knavish has a strong record of leadership at PPG, having held various roles across different global regions before becoming COO in 2022 and CEO in 2023.
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Rockwell Automation, Inc. (ROK) has declared a quarterly dividend of $1.25 per share on its outstanding common stock, payable on March 11, 2024. The dividend is for shareowners of record at the close of business on Feb. 20, 2024.
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The World Economic Forum (WEF) recently published a white paper titled 'The 'No-Excuse' Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains,' providing a practical roadmap for businesses to navigate Scope 3 decarbonization. Rockwell Automation (NYSE:ROK) collaborated with other advanced manufacturing companies on this initiative. The paper emphasizes the need for systemic collaboration to achieve net-zero emissions and highlights 12 emerging opportunities using emerging technologies and new partnerships across value chains.
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Rockwell Automation, Inc. (ROK) Chairman and CEO, Blake Moret, to present at Barclays 41st Annual Industrials Select Conference. The fireside chat will be webcast and available on the Rockwell Automation Investor Relations website.
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Rockwell Automation, Inc. (ROK) Chairman and CEO, Blake Moret, is set to present at Citi's 2024 Global Industrial Tech and Mobility Conference on February 20, 2024, in Miami Beach, Fla. The fireside chat will be webcast and available on the Rockwell Automation Investor Relations website.
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Rockwell Automation, Inc. (NYSE: ROK) reported a 3.6% increase in sales year over year, with organic sales up 1.0%. Total ARR grew 20% and diluted EPS was $1.86, down 44% year over year. The company reaffirmed fiscal 2024 sales growth guidance of 0.5% - 6.5% and updated diluted EPS guidance to $11.24 - $12.74.
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Rockwell Automation, Inc. (NYSE: ROK) is set to release its first quarter fiscal 2024 results on Jan. 31. The release will be available on the company's Investor Relations website. A conference call to discuss the results will be held at 7:30 a.m. CST on the same day. Interested parties can access the call and presentation materials via the website. The call will also be accessible via audio webcast. Details for accessing the call are provided in the press release.
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Rockwell Automation, Inc. (NYSE:ROK) has published its 2023 Sustainability Report, emphasizing the company's sustainability progress and outcomes, as well as its partnerships across the manufacturing industry and communities worldwide to create sustainable impact and change. The report highlights how Rockwell provides industrial automation and digital transformation solutions to manufacturers in over 100 countries, and discusses the company's goal to be carbon neutral by 2030. The 8th annual State of Smart Manufacturing Report survey results show that sustainability is critical for operational improvement and profitability.
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Infinitum (Ticker: INFI) strengthens leadership team and reports key 2023 highlights, including $185 million in Series E funding, 5x revenue growth, and strategic partnerships with Rockwell Automation and Infineon Technologies.
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OTTO Motors by Rockwell Automation (OTTO) has announced that their autonomous forklift, OTTO Lifter, has been recognized as Product of the Year in the Mobile Robotics category by Material Handling 24/7 and Material Handling Product News. OTTO Lifter, lifting up to 2,640 pounds, automates various workflows, delivering high productivity and ROI with a smaller fleet. Built on 15 years of industry-leading robotics expertise, it was also named the SupplyTech Breakthrough Material Handling Solution of the Year. The Product of the Year Readers’ Choice Awards honor the achievements of companies for advancements in material handling systems and equipment within manufacturing, distribution centers, and warehouses. OTTO Lifter was the winner of a Gold Stevie® Award and recognized for its unique capabilities that deliver improved productivity and safety in manufacturing facilities and warehouses worldwide.
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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 8, 2025.

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

The market cap of Rockwell Automation (ROK) is approximately 31.8B.

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

31.80B
112.73M
0.25%
84.67%
2.42%
Specialty Industrial Machinery
Measuring & Controlling Devices, Nec
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United States of America
MILWAUKEE