Rockwell Automation, Inc. (ROK) Stock Price & How to Invest

Rockwell Automation (ROK) is one of the largest pure-play industrial automation and digital transformation companies in the world. It provides the hardware, software, and services that factories and industrial facilities use to run, monitor, and optimize their operations: programmable logic controllers, drives, motor control, sensors, industrial networking, and the Allen-Bradley and FactoryTalk product families that are standards in many North American plants. Rockwell organizes its business around Intelligent Devices, Software and Control, and Lifecycle Services, and increasingly pairs its installed base of automation hardware with software, analytics, and recurring services. A long partnership with software firms and its acquisitions in areas like manufacturing-execution software, cybersecurity, and information solutions position it to sell connected, data-driven factory systems, not just discrete controllers. Founded in 1903 and headquartered in Milwaukee, Wisconsin, Rockwell is an S&P 500 industrial that benefits from secular trends in reshoring, factory modernization, and the digitization of manufacturing, while remaining tied to the capital-spending cycles of its industrial customers.

The numbers have turned up after a soft fiscal 2025, when revenue was ~$8.34 billion and net income ~$869 million. Over the trailing twelve months to June 2026, revenue reached ~$8.97 billion and net income ~$1.2 billion, with a ~49% gross margin and ~21% operating margin. The June 2026 quarter (fiscal Q3) brought ~$2.31 billion of revenue, up ~8% year over year, and adjusted EPS of $3.49 against a ~$3.38 consensus. In October 2026 Rockwell launched the CompactLogix 5390 controller and announced a collaboration with Hitachi Energy to combine power and automation for industrial electrification. At $428.45 on October 16, 2026, the shares are up ~7.5% year to date and ~23% over one year, though ~8% below where they were three months earlier.

Rockwell's results are tied to industrial and manufacturing capital-spending cycles, so demand can soften in downturns or when customers delay projects, and orders can be lumpy. It competes with large global automation rivals like Siemens, Schneider Electric, ABB, and Emerson, several of which have broader geographic and product breadth. Exposure to specific end markets (autos, semiconductors, food and beverage, energy) introduces concentration and cyclicality. Supply-chain disruptions and component availability have affected lead times in the past. The stock often trades at a premium multiple for an industrial, so disappointing orders or margins can pressure the valuation. Valuation is the near-term pressure point: at ~40 times trailing and ~29 times forward earnings in mid-October 2026, the stock sits below several recently trimmed analyst targets (Morgan Stanley cut its target to $520 from $545 and Mizuho to $430 from $445), and it has fallen ~8% over three months. Debt of ~$3.6 billion against ~$479 million of cash is manageable but higher than the company carried before recent acquisitions.

25 analysts publish price targets on ROK, averaging $475.88 against a $426.23 price as of October 2026, or +11.6%. The published targets run from $282.00 to $550.00, a moderate spread, and the ratings split 12 buy, 15 hold, 1 sell. Over the last six months there have been 7 raises and 3 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full ROK forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Rockwell Automation, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Installed base and switching costs. Rockwell's Allen-Bradley controllers and FactoryTalk software are deeply embedded in many North American plants, where switching automation platforms is costly and risky. The most optimistic published target, $550.00, assumes this works close to its best case.

The case against. Rockwell's results are tied to industrial and manufacturing capital-spending cycles, so demand can soften in downturns or when customers delay projects, and orders can be lumpy. The most pessimistic target, $282.00, is roughly what ROK is worth if this bites instead.

Read the full bull and bear case on ROK, including what would have to change to break either one. Walnut is not an investment adviser.

No. Rockwell Automation, Inc. (ROK) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Rockwell Automation, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$8.97 billion (June 2026 quarter up ~8% year over year)
• Margins (TTM): ~49% gross, ~21% operating, ~13% net
• Net income (TTM): ~$1.2 billion; trailing EPS ~$10.68
• Adjusted EPS, June 2026 quarter: $3.49 vs ~$3.38 consensus
• P/E (trailing / forward): ~40x / ~29x
• Dividend yield: ~1.3% ($5.52 a year)
• Free cash flow (TTM): ~$1.3 billion
• Market cap: ~$47.6 billion ($428.45, October 16, 2026)

Rockwell trades at a premium multiple relative to the broader industrials group, a gap explained by its pure-play automation focus, strong installed-base moat, and growing software mix: ~40 times trailing GAAP earnings, ~29 times forward estimates and ~24 times EV/EBITDA as of October 16, 2026. The trailing multiple overstates the premium because GAAP earnings are still recovering from fiscal 2025; on analysts' fiscal 2027 estimate of ~$14.92 the stock is near 29 times. The 25 analysts tracked carry a mean target near $476, and the fiscal fourth-quarter report expected around November 5, 2026 is the next catalyst for the multiple.

If you want ROK exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

These are the investment theses ROK naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.

Other names that sit close to ROK: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get ROK exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (ROBO, PAVE), which spreads the position across many companies. Or build it into a focused thematic portfolio, so ROK sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where ROK fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Rockwell Automation (ROK) is a profitable, dividend-paying industrial-automation leader levered to factory modernization, reshoring, and the digitization of manufacturing. In a portfolio it behaves as a cyclical-quality industrials holding with a strong installed-base moat and recurring software and services, rather than a high-growth or speculative position. Its fortunes track industrial capital spending, so it carries the cyclicality typical of the sector. As of October 16, 2026 the stock trades near $428, about 40 times trailing and 29 times forward earnings, after four straight quarters of adjusted EPS beats and a recovery in profit from the fiscal 2025 trough; fiscal fourth-quarter results are expected in early November 2026.

Whether ROK is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is ROK a buy or a sell?, and where the stock could go from here in the ROK stock forecast.

For income investors, whether ROK pays a dividend and how the payout looks is covered in does ROK pay a dividend? And to weigh ROK against a peer, read the full side-by-side comparisons: ROK vs ABB and ROK vs ISRG.