BUZZ - Rockwell Automation shares plunge as Q4 sales miss expectations

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November 5 - ** Shares of industrial automation product manufacturer Rockwell Automation (ROK.N) fell 11.13% to $394.5, on track for the largest single-day decline in more than two years

** Fourth-quarter sales rose to $2.33 billion, missing the $2.41 billion analyst estimate compiled by LSEG

** The company said it refunded $85 million to customers who paid price differences due to tariff-related price increases, leading to a 4 percentage point decrease in fourth-quarter revenue growth

** Recurring revenue grew, but management stated on the earnings call that the growth was below expectations

** The company expects an organic sales growth rate of 6%-9% for fiscal 2027, but forecasts that divestitures will reduce the reported sales growth rate by approximately 1.5 percentage points

** Of the 29 analysts, 16 rated the stock “hold”, 8 rated it “buy”, and 5 rated it “strong buy”; the median target price is $485 — LSEG data

** Including the day's price change, the stock has gained 1.34% year-to-date

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