Rockwell Automation Stock News

Marketbeat.com tracked numerous buyback announcements in September, and the month is still ongoing. Buybacks are a sign of corporate strength and help build shareholder value, but not all buybacks are equal.

Given its better valuation and prospects, we believe Honeywell stock (NYSE: HON) is a better pick than its sector peer, Rockwell Automation stock (NYSE: ROK), an industrial automation and digital transformation solutions provider, for the next three years. HON stock trades at 3.4x revenues, similar to 3.3x for ROK.

MILWAUKEE , Sept. 10, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, builds on its industry-leading safety technology portfolio with the launch of Logix SIS, a cutting-edge safety instrumented system (SIS) designed to address the evolving needs of modern industrial environments.

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation (NYSE:ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced its Board of Directors authorized the company to expend up to an additional $1 billion to repurchase shares of Rockwell Automation common stock. This is in addition to the authorization on May 2, 2022, to repurchase $1 billion wor...

Four full days of innovations, learning opportunities and connections are on tap at the premier annual industrial automation and digital transformation event MILWAUKEE , Aug. 22, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the global leader in industrial automation and digital transformation, announces the opening of registration for the 2024 Automation Fair® event. Hosted at th...

Robotics continues to pique investors' interest, and even more so as we enter a new age of artificial intelligence technologies. Automation has been a significant catalyst for the space.

Now might be a great time for investors to consider scooping up shares of these robotics stocks. I think that although in the short-term these technologies will be a slow burn in terms of improving company productivity, the tech stack of artificial intelligence ( AI ), machine learning, and the Internet of Things (IoT), will all contribute meaningfully to company revenue over the next decade.

Based on recent unemployment data, there are many concerns about whether the U.S. will enter a recession. However, labor markets present interesting news.