Looking ahead to the next 12 months, Rockwell leaders think revenues from data centers and chips will grow by about 15%. Other notable contributors to expected organic sales growth of 6% to 9% are e-commerce/warehouses and life sciences customers.

A notable addition to momentum for fiscal 2027 is mining, a sector in which Moret on Nov. 5 told analysts many companies are putting in place autonomous operations.

“There really is a good fit with what we’re doing and what they’re trying to accomplish in terms of flexibility and throughput and safety,” he added. “A lot of the jobs that we’re tracking and some of the wins that we have seen have a distinctly digital aspect to them. It's not just the traditional power control.”

Rockwell executives’ positive outlook jibes with a recent report from the Association for Advancing Automation that showed third-quarter robot orders in the United States and Canada jumped 23% from a year ago. A3 officials said that growth reflects sustained improvement in many parts of the manufacturing sector and Moret, speaking after his team’s quarterly report, said there’s much more growth and investment in the pipeline.

“You all have asked me in the past what inning do we think that we’re in with respect to new capacity in the U.S. And I’d probably characterize it as around the fourth inning,” Moret said. “There's plenty ahead of us there. It’s not necessarily greenfield. A lot of this is modernization, new lines, retrofits in existing building envelopes. But there’s still plenty of room to run.”