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Rockwell Automation, Inc. (ROK), headquartered in Milwaukee, Wisconsin, provides industrial automation and digital transformation solutions. Valued at $30.9 billion by market cap, the company offers products such as control systems, motor control devices, sensors, and industrial control panels.
Shares of this largest pure-play automation company have underperformed the broader market considerably over the past year. ROK has declined 11.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.5%. In 2024, ROK stock is down 13.7%, while SPX is up 17.8% on a YTD basis.