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Barchart
Barchart
Kritika Sarmah

Is Wall Street Bullish or Bearish on Rockwell Automation Stock?

With a market cap of $42.3 billion, Rockwell Automation, Inc. (ROK) is a leading global industrial automation and digital transformation company based in Milwaukee, Wisconsin. Through its Intelligent Devices, Software & Control, and LifecycleIQ Services segments, it provides automation hardware, industrial software (like FactoryTalk), and ongoing services to manufacturers worldwide.

Shares of the industrial equipment and software maker have outperformed the broader market over the past 52 weeks. ROK stock has increased 29.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 13.7%. Moreover, shares of ROK are up 19.8% on a YTD basis, compared to SPX’s 13.4% gain.

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