Rockwell Automation, Inc. (NYSE:ROK) is looking for acquisitions. Blake Moret, Chairman and CEO said, "On the heels of achieving our 2019 plan to $9 billion of profitable revenue, which we got to 1 or 2 years ahead of our original expectations, we introduced a new strategic framework for growth and performance last November at our Investor Day. Highlights of the new plan include 35% core earnings conversion on incremental revenue and 6% to 9% annual growth through the cycle.

We also outlined the expected margin range for each business segment. We've already touched some of these ranges in the last year based on very high sales growth, but our intention is to tune these businesses so that this performance is consistent and not dependent on supercharge growth or big swings in incentive compensation. Importantly, we're focused on getting the synergies and efficiencies from existing acquisitions versus making new acquisitions".