Rockwell Automation partners with AWS to accelerate digital transformation in manufacturing, offering advanced cloud solutions for enhanced operational efficiency.
Trump has predicted that tariffs on goods coming into the U.S. will lead to investments in domestic manufacturing and companies re-shoring their supply chains. Here's a look at some companies that could benefit from large-scale reshoring efforts.
Rockwell Automation supplies industrial automation products like robots to factories and stands to benefit from the onshoring effects of the Trump Tariffs.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Rockwell Automation trades at $274.49 and has moved in lockstep with the market. Its shares have returned 5.9% over the last six months while the S&P 500 has gained 5.2%.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Trimble (NASDAQ:TRMB) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at internet of things stocks, starting with Vontier (NYSE:VNT).
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the internet of things stocks, including Emerson Electric (NYSE:EMR) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at AMETEK (NYSE:AME) and its peers.
Citi raised the firm's price target on Rockwell Automation to $350 from $345 while maintaining a ‘Buy’ rating on the shares. Wells Fargo raised the target to $337 from $315 while maintaining an ‘Overweight’ rating on the shares.
Shares of industrials automation company Rockwell (NYSE:ROK)
jumped 11.9% in the afternoon session after the company reported strong fourth-quarter results that exceeded analysts' EPS expectations.
Sales declined 8% year-over-year (YoY) to $1.88 billion, aligning with a Wall Street estimate. Adjusted earnings per share (EPS) came in at $1.83 versus an analyst estimate of $1.58.
