Regal Rexnord (NYSE:RRX) Director Robin Walker-Lee Sells 1,297 Shares of Stock

Regal Rexnord Corporation (NYSE:RRX) Director Robin Walker-Lee sold 1,297 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $213.85, for a total transaction of $277,363.45. Following the sale, the director owned 5,503 shares in the company, valued at approximately $1,176,816.55. The trade was a 19.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Regal Rexnord Price Performance

Shares of NYSE RRX opened at $206.15 on Thursday. The company has a fifty day moving average price of $199.53 and a 200 day moving average price of $174.44. The firm has a market cap of $13.72 billion, a PE ratio of 47.94, a PEG ratio of 1.97 and a beta of 1.15. The company has a current ratio of 2.17, a quick ratio of 1.08 and a debt-to-equity ratio of 0.69. Regal Rexnord Corporation has a 1-year low of $127.96 and a 1-year high of $236.35.

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

Regal Rexnord Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders 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 yield of 0.7%. Regal Rexnord’s payout ratio is presently 32.56%.

Institutional Investors Weigh In On Regal Rexnord

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on RRX shares. Wall Street Zen cut shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 28th. Citigroup boosted their price objective on shares of Regal Rexnord from $230.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. The Goldman Sachs Group increased their target price on shares of Regal Rexnord from $170.00 to $230.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Regal Rexnord in a research note on Tuesday, April 21st. Finally, KeyCorp boosted their price target on shares of Regal Rexnord from $255.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Six 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 currently has an average rating of “Moderate Buy” and an average target price of $231.00.

Regal Rexnord Company 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.