Rockwell Automat Stock Price, News & Analysis

Rockwell Automation (NYSE: ROK) reported a 1.8% increase in second-quarter fiscal 2022 sales, totaling $1,808 million. Organic sales saw a 1.3% rise, while acquisitions contributed 2.3% to growth. Total annual recurring revenue (ARR) grew over 50%, with organic ARR up 17%. However, diluted EPS fell to $0.46, down significantly from $3.54 year-over-year. Guidance for fiscal 2022 was revised down, now expecting diluted EPS between $7.60 and $8.20. The board authorized an additional $1.0 billion for share repurchases.

Rockwell Automation (NYSE: ROK) will report its second quarter fiscal 2022 results on May 3 before market opening. The financial results will be available on the Rockwell Automation Investor Relations website. A conference call to discuss the results is scheduled for 7:30 a.m. CDT on the same day, accessible via dial-in and an audio webcast. Recording materials will be available on the website until June 3.

Rockwell Automation is a leader in industrial automation, headquartered in Milwaukee, employing around 24,500 professionals globally.

Rockwell Automation (NYSE: ROK) has announced the opening of registration for ROKLive, an in-person event scheduled for June 13-16 in Orlando, Florida. This event will combine ROKLive with Plex Systems’ PowerPlex, gathering leaders in operations, maintenance, engineering, and technology. Participants can expect keynote presentations, over 125 interactive sessions, and a Connected Enterprise Expo showcasing the latest in industrial automation technologies. Early bird registration discounts are available until April 28.

Kalypso, the digital services arm of Rockwell Automation (NYSE: ROK), announces the appointment of Aleksandar Boskovic, an automotive and tire industry expert. With over 20 years of experience, Boskovic is expected to enhance Kalypso's service offerings, particularly in automotive and tire sectors. His previous roles include positions at Fortune 500 companies and as digital manufacturing services director at Accenture. This strategic hire comes as Kalypso expands its capabilities in supply chain, data science, and sustainability, aiming to provide advanced solutions for its clients.

Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of $1.12 per share, following its latest Board review. The dividend is payable on June 10, 2022, to shareholders of record by the close of business on May 16, 2022. This decision highlights the company’s commitment to returning value to shareholders while reinforcing its position as a leader in industrial automation and digital transformation.

Rockwell Automation (NYSE: ROK) announced that Nick Gangestad, SVP and CFO, will present at the J.P. Morgan Industrials Conference in New York on March 15, 2022. The fireside chat is scheduled to start at approximately 8:50 a.m. EST and will be webcasted on the Rockwell Automation Investor Relations website.

Rockwell Automation is a global leader in industrial automation, headquartered in Milwaukee, employing around 24,500 people in over 100 countries. For more information, visit their investor relations page.

Rockwell Automation (NYSE: ROK) announced that SVP and Chief Technology Officer Cyril Perducat will present at the BofA Global Industrials Conference on March 15, 2022, in London. The fireside chat will be webcast starting at 8:00 a.m. GMT and will be accessible on the Rockwell Automation Investor Relations website.

Rockwell Automation, headquartered in Milwaukee, Wisconsin, is a leader in industrial automation, employing approximately 24,500 professionals across over 100 countries.

Rockwell Automation (NYSE: ROK) announced the immediate suspension of operations and sales in Russia and Belarus in light of the ongoing conflict in Ukraine. The company supports U.S. sanctions and has made a financial contribution to Project HOPE for humanitarian relief. Sales in these countries account for less than 0.5% of total revenue. Rockwell will continue to pay salaries and benefits to its 30 Russian employees, though it has no direct employees in Ukraine or Belarus.