In a device for automatically adjusting the control cams of a forging machine, with a releasing means for releasing the operating position of a cam, the cam supporting shaft swingably supports, with a controlled movement with respect to the shaft longitudinal axis, radially extending brackets, in turn supporting a bar extending through the overall length of the control cam supporting shaft, the brackets being moreover provided, at each control cam, with cylinder-piston units including movable pins which can be engaged with recesses formed in the cams.