Rockwell Automat Stock Price, News & Analysis

Rockwell Automation, Inc. (NYSE: ROK) is set to announce its second quarter fiscal 2023 earnings on April 27, before market opening. The results will be accessible via the company's Investor Relations website. A conference call to discuss the results will occur at 7:30 a.m. CDT on the same day, available through audio webcast and for dial-in listeners. Presentation materials and a replay of the call will be available through May 26. Rockwell Automation, headquartered in Milwaukee, Wisconsin, is recognized as a leader in industrial automation, employing about 26,000 professionals globally.

Rockwell Automation (NYSE: ROK) partners with New Sky Energy and Moore Control Systems to enhance hydrogen sulfide (H₂S) management in the biogas industry. This collaboration aims to scale the SulfurSolve® process, achieving over 99.9% H₂S removal efficiency. The system significantly cuts operational costs by reducing chemical purchases and waste disposal expenses by up to 90%. Rockwell's control technology includes Allen-Bradley® CompactLogix™ controllers and PowerFlex® AC drives, facilitating a more sustainable conversion of organic waste into renewable energy.

The Board of Directors of Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of $1.18 per share on outstanding common stock. This dividend is payable on June 12, 2023, to shareholders of record as of May 15, 2023. Rockwell Automation is a leader in industrial automation and digital transformation, employing around 26,000 people worldwide to enhance productivity and sustainability.

Zoovu, a leader in AI-powered product discovery, has announced the appointment of David Dean as CFO and Ken Yanhs as CMO, enhancing its executive team alongside CEO James Novak and CRO Ben Rey. Dean previously served as CFO at Fiix Software, where he contributed to its successful acquisition by Rockwell Automation (NYSE: ROK). Yanhs, from IntelyCare, played a key role in driving substantial revenue growth. The company is relocating its headquarters to Boston from the UK, signaling a commitment to global expansion. Zoovu reported 3x revenue growth in the last three years and raised $169 million in funding from FTV Capital (NYSE: FTV) to strengthen its platform.

Rockwell Automation (NYSE: ROK) announced the findings of its 8th annual "State of Smart Manufacturing Report," surveying over 1,350 manufacturers across 13 countries. Key results revealed that manufacturers are focusing on profitable growth while addressing quality, data potential, and workforce challenges. Notably, 80% still lack end-to-end supply chain planning, and cybersecurity risks are a primary concern. 45% aim to improve quality through smart manufacturing, while 89% plan to maintain or grow their workforce due to technology adoption. Additionally, 42% of manufacturers with ESG policies pursue efficiencies as a driving factor.

Rockwell Automation (NYSE:ROK) is partnering with Sibanye-Stillwater in South Africa to implement energy-saving technologies aimed at significantly reducing carbon emissions and costs. Utilizing Rockwell's PowerFlex 6000T variable frequency drives, the partnership achieved an average energy savings of 62% in one shaft and 48% in another. This initiative will contribute to a total energy saving of 360 GWh over the contract term, equating to a reduction of 379,000 tons of carbon emissions, while also promoting sustainability goals.

Rockwell Automation, Inc. (NYSE: ROK) will participate in the BofA Global Research Global Industrials Conference 2023 on March 21 in London. Cyril Perducat, SVP and Chief Technology Officer, will lead a fireside chat starting at approximately 8:50 a.m. GMT. The event will be webcasted and accessible via the Rockwell Automation Investor Relations website.

Headquartered in Milwaukee, Wisconsin, Rockwell Automation is a leader in industrial automation and digital transformation, employing around 26,000 individuals across more than 100 countries.

Rockwell Automation (NYSE: ROK) announced its acquisition of Knowledge Lens, a Bengaluru-based provider of AI and digital transformation solutions. This strategic acquisition aims to enhance Rockwell's industrial AI capabilities, especially in data analytics and digital technologies. Knowledge Lens will integrate with Rockwell's Kalypso digital services division, expanding its service offerings to manufacturers globally. The acquisition is expected to unlock data-driven insights, enabling autonomous manufacturing and continuous optimization across various sectors, particularly in highly regulated industries like life sciences.