Rockwell Automation, Inc.(ROK)- NYSE
  • Nov. 11, 2015, 9:14 AM
    • Following the company's disappointing quarterly results and weak guidance yesterday, CLSA has lowered Rockwell Automation (NYSE:ROK) from Outperform to Underperform.
    • ROC shares have fallen 7.3% over the past 52 weeks.
    • Previously: Rockwell falls on FQ4 miss, weak outlook (Nov. 10 2015)
    | Nov. 11, 2015, 9:14 AM
  • Nov. 10, 2015, 9:13 AM
    | Nov. 10, 2015, 9:13 AM | 12 Comments
  • Nov. 10, 2015, 8:27 AM
    • Net income of $201.3M, or $1.57 per share vs. $248.7M, or $1.86 per share in the same quarter a year ago.
    • Segment sales: Architecture & Software -8.5%; Control Products & Solutions -10.7%.
    • Free cash flow of $308.5M and cash flow provided by operating activities of $348M.
    • Repurchased 1.8M shares of its common stock at a cost of $196.5M.
    • "We are experiencing weak market conditions as we enter fiscal 2016...we therefore expect a particularly weak start to the fiscal year and don't believe we will see year-over-year growth until later in fiscal 2016," Keith Nosbusch said.
    • As a result, the company expects adjusted EPS of $5.90-$6.40, on sales of $6B (organic sales to be flat to down 4% Y/Y).
    • FQ4 results
    • ROK -4.7% premarket
    | Nov. 10, 2015, 8:27 AM
  • Nov. 10, 2015, 7:04 AM
    • Rockwell Automation (NYSE:ROK): FQ4 EPS of $1.57 misses by $0.22.
    • Revenue of $1.61B (-9.6% Y/Y) misses by $70M.
    | Nov. 10, 2015, 7:04 AM
  • Nov. 9, 2015, 5:30 PM
  • Oct. 5, 2015, 6:47 PM
    • Barclays maintains a Neutral rating on the U.S. multi-industry sector due to a weaker emerging market outlook, higher emerging market foreign exchange risk and slower export markets, but initiates the firm's largest estimate cut since 2008 by downgrading five names within the sector.
    • The firm cuts Eaton (NYSE:ETN), Rockwell Automation (NYSE:ROK), Rexnord (NYSE:RXN) and Tyco International (NYSE:TYC) to Equal Weight from Overweight, and downgrades Colfax (NYSE:CFX) to Underweight from Equal Weight.
    • However, Barclays upgrades ADT Corp. (NYSE:ADT) to Equal Weight from Underweight, as the stock seems low enough to be considered fairly valued after a tough couple of years, and ADT's exposures to U.S. housing are "comfortable" vs. peers; the firm says its changed view on ADT is not a bullish upgrade, with long-term concerns related to rising technology threats such as home automation.
    | Oct. 5, 2015, 6:47 PM | 4 Comments
  • Sep. 3, 2015, 3:12 PM
    • How bad a year has it been for multi-industry stocks? Year-to-date underperformance relative to the S&P 500 is among the poorest in a decade and has gotten worse in recent weeks, say Goldman analyst Joe Ritchie and team. The negative news is no secret: Broad industrial de-stock, softening oil capex, the strong dollar, and the troubles in China. Because of this, the team remains Neutral on the beaten-up sector, but does have a few names investors should steer clear of:
    • With de-stock keeping U.S. industrial growth in a "headlock," the implications are particularly negative for Sell-rated Emerson Electric (NYSE:EMR), WW Grainger (NYSE:GWW), and Neutral-rated Parker-Hannifin (NYSE:PH) and Rockwell Automation (NYSE:ROK).
    • With oil capex going from bad to worse, and oil lower for longer, the Street is underestimating the impact of price declines for Dover (NYSE:DOV), Emerson, and Flowserve (NYSE:FLS). On the flip side, lower input costs should be a boon to Buy-rated Illinois Tool Works (NYSE:ITW) and Neutral-rated 3M (NYSE:MMM).
    • The weaker China backdrop is most negative for Emerson, and Neutral-rated Eaton (NYSE:ETN) and Colfax (NYSE:CFX). Though Buy-rated Honeywell (NYSE:HON) and ITT Corp (NYSE:ITT) have exposure, growth is more insulated due to their market share gains.
    • Source: Barron's Ben Levinsohn
    • ETFs: XHB, ITB, XLI, PHO, IYT, ITA, VIS, PPA, XTN, XAR, FIDU, PKB, IYJ, FXR, UXI, PRN, RGI, SIJ, PSCI, AIRR
    | Sep. 3, 2015, 3:12 PM | 11 Comments
  • Jul. 29, 2015, 7:02 AM
    • Rockwell Automation (NYSE:ROK): FQ3 EPS of $1.59 beats by $0.05.
    • Revenue of $1.58B (-4.2% Y/Y) in-line.
    | Jul. 29, 2015, 7:02 AM
  • Jun. 3, 2015, 2:34 PM
    • Rockwell Automation (NYSE:ROK) declares $0.65/share quarterly dividend, in line with previous.
    • Forward yield 2.07%
    • Payable Sept. 10; for shareholders of record Aug. 17; ex-div Aug. 13.
    | Jun. 3, 2015, 2:34 PM
  • Apr. 30, 2015, 8:55 AM
    • Net income of $216M, or $1.59 per share vs. $189.3M, or $1.35 per share in the same quarter a year ago.
    • Segment sales: Architecture & Software -1.8%; Control Products & Solutions -4.1%.
    • Free cash flow of $269.4M and cash flow provided by operating activities of $285.2M.
    • Repurchased 1.14M shares of its common stock at a cost of $127.1M.
    • The company maintains its fiscal 2015 adjusted earnings forecast of $6.50-$6.80 per share.
    • FQ2 results
    • ROK +4.9% premarket
    | Apr. 30, 2015, 8:55 AM | 1 Comment
  • Apr. 30, 2015, 7:02 AM
    • Rockwell Automation (NYSE:ROK): FQ2 EPS of $1.59 beats by $0.17.
    • Revenue of $1.55B (-3.1% Y/Y) in-line.
    | Apr. 30, 2015, 7:02 AM
  • Apr. 14, 2015, 8:01 AM
    • Stifel has downgraded Rockwell Automation (NYSE:ROK) to Hold citing an industrial trend outlook.
    • The firm also removed its $135 price target on the stock.
    | Apr. 14, 2015, 8:01 AM
  • Apr. 9, 2015, 11:04 AM
    • Rockwell Automation (NYSE:ROK) declares $0.65/share quarterly dividend, in line with previous.
    • Forward yield 2.34%
    • Payable June 10; for shareholders of record May 18; ex-div May 14.
    | Apr. 9, 2015, 11:04 AM
  • Feb. 4, 2015, 12:08 PM
    • Rockwell Automation (NYSE:ROK) declares $0.65/share quarterly dividend, in line with previous.
    • Forward yield 2.3%
    • Payable March 10; for shareholders of record Feb. 17; ex-div Feb. 12.
    | Feb. 4, 2015, 12:08 PM
  • Jan. 28, 2015, 8:30 AM
    • Net income of $214.2M vs. $198.1M, a year earlier. On an adjusted basis, Rockwell earned $1.64 per share, up 12% compared to $1.47 in the first quarter of fiscal 2014.
    • Segment sales: Architecture & Software +1.7%; Control Products & Solutions +3.3%.
    • "We are incorporating into our revised outlook a more significant headwind from a stronger U.S. dollar and the anticipated impact of lower oil prices," said CEO Keith Nosbusch.
    • As a result, the company cut its fiscal 2015 adjusted earnings forecast to $6.50-$6.80 per share from $6.55-$6.95.
    • ROK +1.9% premarket
    • FQ1 results
    | Jan. 28, 2015, 8:30 AM
  • Jan. 28, 2015, 7:03 AM
    • Rockwell Automation (NYSE:ROK): FQ1 EPS of $1.64 beats by $0.15.
    • Revenue of $1.57B (-1.3% Y/Y) beats by $10M.
    | Jan. 28, 2015, 7:03 AM
Company Description
Rockwell Automation, Inc. provides industrial automation power, control and information solutions. The company operates its business through the following segments: Architecture and Software, and Control Products and Solutions. The Architecture and Software segment contains all of the hardware,... More
Industry: Industrial Electrical Equipment
Country: United States