Rockwell Automation (ROK) Stock News

Rockwell Automation (ROK) launched the CompactLogix 5390 controller, featuring built-in cybersecurity (IEC 62443-4-2, EU Cyber Resilience Act readiness), integrated safety, and a 43% smaller footprint than the 5380 series. The controller supports PointMax I/O and integrates with Rockwell's automation ecosystem.

Rockwell Automation (ROK) launched Firewall Managed Services with Fortinet and Infrastructure Managed Services, allowing manufacturers to offload management of Fortinet FortiGate firewalls and existing OT infrastructure. The services are available now as part of the SecureOT suite.

Rockwell Automation (ROK) announced PBS Biotech embedded its automation technology into the MiniPRO multi-parallel bioreactor platform for cell therapy development. The platform uses Rockwell's FactoryTalk software and Process Library for real-time control and can scale to commercial manufacturing. The Advanced Regenerative Manufacturing Institute (ARMI) is an early adopter.

USTR Greer will travel to Wisconsin next week for the G20 gathering and tour Rockwell Automation with fellow ministers.

Wells Fargo initiated coverage on Rockwell Automation with an Equal-Weight rating. No price target was specified.

Wells Fargo initiated Rockwell Automation coverage with an Equal Weight rating and a $426 price target.

Rockwell Automation named Tessa Myers as its next chief revenue officer, succeeding Scott Genereux who plans to retire at the end of 2026. Myers, currently senior vice president of intelligent devices, will be replaced by Matt Fordenwalt. Jordan Reynolds will take Fordenwalt's role leading lifecycle services. The changes take effect Oct. 1.

Rockwell Automation announced internal leadership promotions including a new Chief Revenue Officer, with CRO Scott Genereux retiring at year-end 2026.