SG Americas Securities and
Duality Advisers LP have increased their positions in
Rockwell Automation (ROK), while Empirical Wealth Management and Mutual of America Capital Management have sold their ROK shares.
TimesSquare Capital has bought ROK shares while
Rockwell Automation's stock has been outperforming competitors on strong trading days. Expert outlooks are mixed, with eight analysts and Redburn Atlantic issuing neutral recommendations while
Oppenheimer and
Wells Fargo have lowered their price target for the firm. Despite facing inventory constraints and Q2 2024 challenges, Q2 earnings have surpassed estimates. ROK has had collaborations with key companies like NVIDIA, Microsoft, and IONETIC, with a focus on emerging
technologies and
digital transformation. The firm also reportedly fell more than the broader market in the recent past and faced a downslide since the last earnings report. Despite this, Rockwell's technology has been helping other syndicates like Drillmec develop innovative
carbon-storage solutions.
Rockwell Automation ROK News Analytics from Sun, 03 Dec 2023 08:00:00 GMT to Sun, 14 Jul 2024 14:26:58 GMT -
Rating 0
- Innovation 4
- Information 6
- Rumor -3
