BUZZ - Rockwell Automation shares fall as fourth-quarter sales miss expectations

November 5 - ** Industrial automation product manufacturer Rockwell Automation ROK.N shares fell 7.71%, closing at $400.65

** Fourth-quarter sales rose to $2.33 billion, but missed analysts’ average expectation of $2.41 billion—data compiled by LSEG

** The company stated it will refund customers the difference paid due to price increases caused by tariffs, with total refunds amounting to $85 million, which resulted in a 4 percentage point decline in fourth-quarter revenue growth rate

** Adjusted earnings per share in the fourth quarter rose 16% to $3.88, higher than analysts’ expectation of $3.69; tariff-related refunds added $0.11 per share to the earnings

** The company expects organic sales growth rate for fiscal year 2027 to be 6% to 9%, but expects a divestiture to reduce the reported sales growth rate by about 1.5 percentage points

** Of the 29 analysts, 16 gave a “Hold” rating, 8 gave a “Buy” rating, and 5 gave a “Strong Buy” rating; the median target price is $485—LSEG data

** Including today's decline, the stock is up 5.34% year-to-date

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