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Stephens upgrades Rockwell Automation Inc (ROK) rating to an Overweight

Rockwell Automation Inc’s recent filing unveils that its Officer Bulho Matheus De A G Viera acquired Company’s shares for reported $75500.0 on Apr 02 ’25. In the deal valued at $257.68 per share,293 shares were bought.

Then, Lakkundi Veena M bought 5,185 shares, generating $1,409,194 in total proceeds.

Before that, Woods Isaac sold 876 shares. Rockwell Automation Inc shares valued at $248,810 were divested by the Vice President and Treasurer at a price of $284.03 per share. As a result of the transaction, Woods Isaac now holds 1,057 shares, worth roughly $0.24 million.

Stephens upgraded its Rockwell Automation Inc [ROK] rating to an Overweight from a an Equal-weight in a research note published on January 16, 2025; the price target was increased to $350 from $275. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. HSBC Securities also remained covering ROK and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Hold” rating. KeyBanc Capital Markets revised its rating on December 09, 2024. It rated ROK as “an Overweight” which previously was an “a Sector weight”.

Price Performance Review of ROK

On Friday, Rockwell Automation Inc [NYSE:ROK] saw its stock fall -5.04% to $227.11. Over the last five days, the stock has lost -12.19%. Rockwell Automation Inc shares have fallen nearly -20.53% since the year began. Nevertheless, the stocks have fallen -18.85% over the past one year. While a 52-week high of $308.70 was reached on 02/10/25, a 52-week low of $237.50 was recorded on 04/04/25. SMA at 50 days reached $274.80, while 200 days put it at $273.99.

Levels Of Support And Resistance For ROK Stock

The 24-hour chart illustrates a support level at 219.69, which if violated will result in even more drops to 212.28. On the upside, there is a resistance level at 233.31. A further resistance level may holdings at 239.51. The Relative Strength Index (RSI) on the 14-day chart is 24.84, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.59%. Stochastics %K at 22.10% indicates the stock is a holding.

How much short interest is there in Rockwell Automation Inc?

A steep rise in short interest was recorded in Rockwell Automation Inc stocks on 2025-03-14, dropping by -0.42 million shares to a total of 2.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.15 million shares. There was a decline of -15.37%, which implies that there is a negative sentiment for the stock.

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