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Valued at $32.8 billion by market cap, Rockwell Automation, Inc. (ROK) is a global leader in industrial automation and digital transformation. Headquartered in Milwaukee, Wisconsin, the company specializes in advanced automation solutions, including hardware, software, and services that optimize manufacturing and production processes across a wide range of industries.
Shares of Rockwell Automation have underperformed the broader market over the past year. The stock has gained 8.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.1%. In 2024, ROK stock is down 4.7%, compared to SPX’s 26.2% rise on a YTD basis.