Rockwell Automation (ROK) anticipates a decline for their Q4 earnings, while their common stock quarterly dividend has increased to $1.31 per share. Despite daily gains, their stock has repeatedly underperformed compared to competitors. ROK's fiscal 2025 guidance will be introduced with their fourth quarter and full year 2024 results. The company has unveiled innovative solutions for energy transition at ADIPEC 2024. They have also formed a partnership with Taurob to provide end-to-end Robotic Automation Solutions. The Q2 earnings recap highlighted ROK as a leader among Internet of Things (IoT) stocks. The company has appointed Brian Hovey as their Chief Marketing Officer and is looking into AI-driven solutions for industrial efficiency. JPMorgan has increased their price target for ROK to $251 but kept an 'underweight' rating on the stock. Rockwell Automation has announced a $1 billion authorization for repurchasing their common stock. In addition, they plan to expand their collaboration with NVIDIA and have signed a significant technology integration deal with Microsoft.
Rockwell Automation ROK News Analytics from Mon, 22 Apr 2024 07:00:00 GMT to Sat, 02 Nov 2024 09:27:13 GMT -
Rating 2
- Innovation 8
- Information 7
- Rumor -2
