ROK Stock Summary and Trading Ideas (Rockwell Automation | NYSE:ROK)

With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software & control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.

Rockwell Automation trades on the NYSE stock market under the symbol ROK.

As of February 14, 2025, ROK stock price declined to $295.58 with 379,579 million shares trading.

ROK has a beta of 0.97, meaning it tends to be less sensitive to market movements. ROK has a correlation of 0.26 to the broad based SPY ETF.

ROK has a market cap of $33.41 billion. This is considered a Large Cap stock.

Last quarter Rockwell Automation reported $2 billion in Revenue and $1.83 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.25.

In the last 3 years, ROK traded as high as $348.52 and as low as $190.08.

The top ETF exchange traded funds that ROK belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

ROK has underperformed the market in the last year with a return of +8.0%, while SPY returned +25.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ROK shares. However, ROK has outperformed the market in the last 3 month and 2 week periods, returning +3.6% and +5.9%, while SPY returned +2.6% and +0.9%, respectively. This indicates ROK has been having a stronger performance recently.

ROK support price is $294.41 and resistance is $302.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROK shares will trade within this expected range on the day.