Regal Rexnord (NYSE:RRX) CFO Sells $1,299,800.00 in Stock

Regal Rexnord Corporation (NYSE:RRX) CFO Robert Rehard sold 6,499 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $200.00, for a total transaction of $1,299,800.00. Following the completion of the transaction, the chief financial officer directly owned 27,965 shares of the company’s stock, valued at approximately $5,593,000. The trade was a 18.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Robert Rehard also recently made the following trade(s):

• On Wednesday, February 25th, Robert Rehard sold 968 shares of Regal Rexnord stock. The stock was sold at an average price of $223.00, for a total value of $215,864.00.

Regal Rexnord Stock Up 4.1%

Shares of NYSE:RRX traded up $8.20 during trading on Tuesday, hitting $208.98. The company’s stock had a trading volume of 595,918 shares, compared to its average volume of 1,123,491. The company has a market capitalization of $13.91 billion, a PE ratio of 48.60, a PEG ratio of 1.89 and a beta of 1.15. Regal Rexnord Corporation has a fifty-two week low of $127.96 and a fifty-two week high of $236.35. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.08 and a current ratio of 2.17. The stock’s 50-day moving average price is $199.06 and its two-hundred day moving average price is $177.44.

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

Regal Rexnord Announces Dividend

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

Institutional Trading of Regal Rexnord

Several institutional investors have recently added to or reduced their stakes in RRX. IFP Advisors Inc lifted its position in shares of Regal Rexnord by 34.0% in the 4th quarter. IFP Advisors Inc now owns 193 shares of the company’s stock worth $27,000 after buying an additional 49 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Regal Rexnord by 5.6% during the 1st quarter. Parallel Advisors LLC now owns 938 shares of the company’s stock valued at $176,000 after buying an additional 50 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in shares of Regal Rexnord by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 14,855 shares of the company’s stock valued at $2,084,000 after buying an additional 60 shares during the last quarter. UMB Bank n.a. raised its stake in Regal Rexnord by 6.2% during the fourth quarter. UMB Bank n.a. now owns 1,023 shares of the company’s stock worth $144,000 after acquiring an additional 60 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its stake in Regal Rexnord by 3.2% during the first quarter. Fifth Third Wealth Advisors LLC now owns 2,092 shares of the company’s stock worth $392,000 after acquiring an additional 65 shares during the period. Institutional investors own 99.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on RRX. Barclays increased their price objective on shares of Regal Rexnord from $237.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday, March 23rd. Wall Street Zen lowered shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 28th. KeyCorp increased 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. Citigroup lifted their price target on Regal Rexnord from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Finally, Oppenheimer boosted their price objective on Regal Rexnord from $180.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $232.25.

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.