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MILWAUKEE - Rockwell Automation, Inc. (NYSE: ROK), a $36.4 billion industrial automation leader trading near its 52-week high of $328.90, announced Tuesday the release of PointMax I/O, a new modular remote input/output system designed to provide manufacturers with greater flexibility in industrial automation. According to InvestingPro analysis, 17 analysts have recently revised their earnings expectations upward for the upcoming period.
The system aims to address challenges in modern manufacturing environments by enabling more adaptable system architectures compared to traditional I/O systems that rely on extensive wiring and large control cabinets.
According to the company, PointMax I/O features a modular design that supports scalable and reconfigurable I/O deployments for both new equipment and existing machinery. The system integrates with Logix 5000 controllers and is built to withstand industrial conditions.
"Customers are looking for smarter, more adaptable solutions that remove friction from system design and maintenance," said Karthikeyan Mahalingam, product manager at Rockwell Automation, in a press release statement.
The company is showcasing the technology this week at ROKLive EMEA in Rome through demonstrations, labs and technical sessions.
Rockwell Automation expects PointMax I/O to be available for order in the third quarter of 2025. The Milwaukee-based company, which specializes in industrial automation and digital transformation, employs approximately 27,000 people across more than 100 countries as of fiscal year end 2024.
In other recent news, Rockwell Automation has seen several notable developments. The company announced a quarterly dividend of $1.31 per share, payable on September 10, 2025, to shareholders of record by August 18, 2025. Barclays upgraded Rockwell Automation’s stock rating from Equal Weight to Overweight, raising the price target to $350, citing a firmer top-line outlook and the conclusion of a destocking period by customers and distributors. KeyBanc also raised its price target on Rockwell Automation to $360, maintaining an Overweight rating and highlighting stronger margins and operational excellence initiatives. Additionally, Rockwell Automation unveiled PharmaSuite 12.00, a new manufacturing execution system designed for the pharmaceutical and biopharmaceutical sectors, featuring enhanced cybersecurity and cloud-ready capabilities. The company’s strategic focus on expanding its automation solutions is further evidenced by the recent opening of a new manufacturing facility in Milwaukee. This facility aims to enhance supply chain capabilities and meet the growing demand for industrial automation solutions. These developments reflect Rockwell Automation’s proactive steps to strengthen its market position amidst dynamic conditions.
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