Rockwell Automation and
Microsoft have developed a stronger alliance through the introduction of industrial cloud solutions aimed at fostering digital transformation in industries.
Icon Wealth Advisors LLC and
Loop Capital have both increased their assets with Rockwell Automation, indicating a positive market prediction. The firm's
international revenue trends are gaining attention and outshining competitors in trading. Despite these positive moves,
Goldman Sachs reaffirmed their sell rating on Rockwell Automation. Q4 sales dropped by 21% leading to a plunge in share value. Notwithstanding, Rockwell Automation surpassed Q4 estimates and is paving the way for
digital twin technology advancements by partnering with
NVIDIA. Numerous financial institutions, including Commerce Bank and Nuance Investments LLC, have expressed an ongoing interest in Rockwell Automation. According to fiscal year results, the corporation's
earnings per share (EPS) fell short of the outlook despite surpassing analyst expectations in Q4, and there is anticipation of weakening profits for the coming fiscal year. To fuel recovery, the firm intends to increase its dividend to $1.31 and announced a
$1B share repurchase plan.
Rockwell Automation ROK News Analytics from Fri, 31 May 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:11:16 GMT -
Rating 1
- Innovation 5
- Information 8
- Rumor -6
