Hantz Financial Services Inc. Sells 10,037 Shares of Regal Rexnord Corporation $RRX

Hantz Financial Services Inc. lowered its stake in Regal Rexnord Corporation (NYSE:RRX) by 7.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 122,331 shares of the company’s stock after selling 10,037 shares during the period. Hantz Financial Services Inc.’s holdings in Regal Rexnord were worth $17,165,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in shares of Regal Rexnord by 208.1% during the first quarter. AQR Capital Management LLC now owns 17,747 shares of the company’s stock worth $2,011,000 after purchasing an additional 11,987 shares during the period. Jones Financial Companies Lllp grew its holdings in Regal Rexnord by 91.6% in the 1st quarter. Jones Financial Companies Lllp now owns 617 shares of the company’s stock valued at $70,000 after buying an additional 295 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Regal Rexnord by 135.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock worth $25,000 after buying an additional 127 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Regal Rexnord by 6.7% during the second quarter. Cetera Investment Advisers now owns 3,116 shares of the company’s stock worth $452,000 after buying an additional 196 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Regal Rexnord in the second quarter valued at about $4,759,000. 99.72% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on RRX. Citigroup upped their price target on shares of Regal Rexnord from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Wall Street Zen downgraded shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 28th. Robert W. Baird set a $253.00 target price on shares of Regal Rexnord in a report on Friday, February 6th. The Goldman Sachs Group lifted their price target on shares of Regal Rexnord from $170.00 to $230.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Finally, Oppenheimer increased their price target on Regal Rexnord from $180.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $231.00.

Regal Rexnord Price Performance

RRX stock opened at $200.92 on Monday. The company’s 50-day moving average price is $198.79 and its two-hundred day moving average price is $176.98. The firm has a market cap of $13.38 billion, a P/E ratio of 46.73, a P/E/G ratio of 1.89 and a beta of 1.15. The company has a quick ratio of 1.08, a current ratio of 2.17 and a debt-to-equity ratio of 0.69. Regal Rexnord Corporation has a 12 month low of $127.96 and a 12 month high of $236.35.

Regal Rexnord (NYSE:RRX) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.43 billion. Regal Rexnord had a net margin of 4.78% and a return on equity of 9.49%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.15 EPS. Regal Rexnord has set its FY 2026 guidance at 10.200-11.000 EPS. On average, analysts anticipate that Regal Rexnord Corporation will post 10.63 earnings per share for the current fiscal year.

Regal Rexnord Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th will be paid a $0.35 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.40 annualized dividend and a dividend yield of 0.7%. Regal Rexnord’s dividend payout ratio (DPR) is presently 32.56%.

Insider Transactions at Regal Rexnord

In other Regal Rexnord news, CEO Louis V. Pinkham sold 22,509 shares of Regal Rexnord stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $211.68, for a total value of $4,764,705.12. Following the transaction, the chief executive officer owned 56,749 shares in the company, valued at $12,012,628.32. The trade was a 28.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robin A. Walker-Lee sold 1,297 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $213.85, for a total value of $277,363.45. Following the transaction, the director directly owned 5,503 shares of the company’s stock, valued at approximately $1,176,816.55. The trade was a 19.07% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 26,063 shares of company stock valued at $5,545,547. Corporate insiders own 0.63% of the company’s stock.

Regal Rexnord Profile

Regal Rexnord Corporation (NYSE: RRX) is a global industrial manufacturer specializing in electric motors, power generation equipment and automated motion control systems. The company designs, engineers and produces a broad portfolio of products that includes energy-efficient electric motors, variable frequency drives, gearboxes, couplings, bearings and power transmission components. These offerings support critical applications in industries such as heating, ventilation and air conditioning (HVAC), refrigeration, data centers, water treatment, food and beverage processing, mining, oil and gas, and material handling.

The company’s operations are organized into multiple business segments that address distinct customer needs.