Rockwell Automat Stock Price, News & Analysis

Rockwell Automation (NYSE: ROK) announces a webinar to explore industrial problem-solving through Digital Performance Management on March 9, 2022, from 10 a.m. to 11 a.m. CT. The event will be led by Jeff Miller and Craig Melrose, focusing on how manufacturers can leverage digital factory data for performance improvements and operational efficiency. Attendees will learn to derive key insights from data, implement corrective actions, and sustain continuous process improvement. Register here.

Rockwell Automation (NYSE: ROK) will present at the Barclays Industrial Select Conference in Miami, Florida, on February 23, 2022. The presentation will feature SVP and CFO Nick Gangestad and SVP of Software & Control Brian Shepherd. The fireside chat will begin at 8:00 a.m. EST and will be available via webcast on Rockwell Automation's Investor Relations website. With a global presence and around 24,500 employees, Rockwell Automation is a leader in industrial automation and digital transformation, headquartered in Milwaukee, Wisconsin.

Rockwell Automation (NYSE: ROK) will have SVP and CFO Nick Gangestad, along with SVP of Software & Control Brian Shepherd, present at Citi’s 2022 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 22, 2022. The fireside chat will commence at approximately 10:30 a.m. EST and will be webcast live on the Rockwell Automation Investor Relations website. Rockwell Automation is a leader in industrial automation and digital transformation, employing around 24,500 individuals across more than 100 countries.

Rockwell Automation (NYSE: ROK) announced the election of Robert Soderbery to its board of directors effective February 2, 2022. Soderbery, who has over 30 years of tech industry experience, is currently the executive vice president at Western Digital, overseeing a $10 billion flash memory business. His past roles include leadership positions at Cisco and Symantec. Chairman Blake Moret highlighted Soderbery's technology expertise as a valuable addition to the board, which aims to enhance the company’s strategic direction in industrial automation and digital transformation.

The Board of Directors of Rockwell Automation (NYSE: ROK) declared a quarterly dividend of $1.12 per share on its common stock. This dividend is payable on March 10, 2022, to shareholders of record as of February 14, 2022. Rockwell Automation is a global leader in industrial automation and digital transformation, with approximately 24,500 employees dedicated to enhancing productivity and sustainability across various industries.

Rockwell Automation reported record quarterly orders of $2.5 billion, reflecting over 40% year-over-year growth. Sales for Q1 fiscal 2022 reached $1.857 billion, up 18.7% year-over-year, with an organic sales increase of 16.8%. The company reaffirmed its fiscal 2022 sales growth guidance of 16%-19% and adjusted EPS guidance to $10.01-$10.61. Notably, diluted EPS was $2.05, a decrease from $5.06 in Q1 2021, mainly due to lower fair value gains from investments. Pre-tax margin fell to 15.2% from 44.8% last year, impacting net income.

Plex Systems, a Rockwell Automation company, has received the IDC 2021 SaaS CSAT Customer Satisfaction Award for ERP, ranking higher than competitors in data security, integration ease, and innovation. The award results from a survey of over 2,000 organizations, emphasizing Plex's strong performance amid challenges faced by technology buyers. The company maintains a best-in-class security rating and exceptional uptime of 99.99% in service levels. Plex's commitment to addressing customer needs drives its continuous innovation in cloud-delivered smart manufacturing solutions.

Rockwell Automation (NYSE: ROK) has appointed Gina Ayala Claxton as the new president for the Americas Region, effective immediately. Claxton, with a 20-year tenure at IBM, is recognized for her expertise in enterprise solutions and leadership. She succeeds Alejandro Capparelli, who has transitioned to a vice president role within the company. Claxton will focus on driving growth and simplifying operations in the Americas while advocating for diversity, equity, and inclusion, becoming the first Latina president in this region.