Rockwell Automation upgraded its sales and profit outlook for the full fiscal year following higher third-quarter profit and sales, by strong demand across semiconductor, data center, and warehouse automation markets.

The industrial automation and digital transformation company on Tuesday said that it now expects a stronger performance for the full fiscal year. Rockwell now expects sales at the midpoint to be $9 billion, up from $8.9 billion previously. The new sales growth target is between 7.5% to 9.5%, up from a previous 5% to 9%.

Earnings per share are expected to be between $12.72 and $13.02, up from previous projections of between $11.88 and $12.48. On an adjusted basis, per-share earnings are expected at $13.00 and $13.30, up from $12.50 and $13.10 previously forecasted.

"Our updated fiscal 2026 outlook reflects the strong execution of our team and our confidence in the opportunities ahead. We continue to perform at the high end of our growth framework while expanding margins and investing in innovation," Chairman and Chief Executive Blake Moret said.

For the second quarter ended June 30, Rockwell posted net income of $408 million, or $3.65 a share, compared with $295 million, or $2.60 a share, in the same quarter a year ago.

Adjusted earnings were $3.49 a share. According to FactSet, analysts were expecting $3.38 a share.

Net sales rose 8% to $2.31 billion, missing forecasts of a greater rise to $2.37 billion. The company noted that organic sales increased 10%, but divestitures weighed on sales by 3%.

CEO Moret said the company saw continued strength in semiconductor, data center, and warehouse automation, as well as improving activity in automotive and life sciences, drove growth across the business.

"Our strong third-quarter performance reflects healthy customer demand, an accelerated pace of innovation, and disciplined execution," Moret said.