Regal Rexnord Corporation (NYSE:RRX – Get Free Report) Director Robin Walker-Lee sold 1,297 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $213.85, for a total transaction of $277,363.45. Following the sale, the director directly owned 5,503 shares in the company, valued at $1,176,816.55. This trade represents a 19.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Regal Rexnord Price Performance
Shares of RRX opened at $196.96 on Friday. The firm has a market capitalization of $13.11 billion, a PE ratio of 45.81, a price-to-earnings-growth ratio of 1.95 and a beta of 1.15. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.17 and a quick ratio of 1.08. Regal Rexnord Corporation has a 1-year low of $127.96 and a 1-year high of $236.35. The company’s fifty day moving average price is $199.13 and its 200-day moving average price is $175.02.
Regal Rexnord (NYSE:RRX – Get Free Report) last announced 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. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.43 billion. Regal Rexnord had a net margin of 4.78% and a return on equity of 9.49%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.15 earnings per share. Regal Rexnord has set its FY 2026 guidance at 10.200-11.000 EPS. On average, equities research analysts predict that Regal Rexnord Corporation will post 10.63 EPS for the current year.
Regal Rexnord Announces Dividend
Analysts Set New Price Targets
RRX has been the subject of a number of research reports. Oppenheimer boosted their target price on shares of Regal Rexnord from $180.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. boosted their target price on shares of Regal Rexnord from $190.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Regal Rexnord in a research report on Tuesday, April 21st. The Goldman Sachs Group boosted their target price 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, Barclays boosted their target price on shares of Regal Rexnord from $237.00 to $245.00 and gave the company an “overweight” rating in a research report on Monday, March 23rd. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $231.00.
Get Our Latest Analysis on RRX
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of RRX. Covestor Ltd raised its position in shares of Regal Rexnord by 81.6% in the fourth quarter. Covestor Ltd now owns 178 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Regal Rexnord by 135.1% in the first 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 period. Aster Capital Management DIFC Ltd acquired a new position in shares of Regal Rexnord in the third quarter worth about $27,000. Garner Asset Management Corp acquired a new position in shares of Regal Rexnord in the fourth quarter worth about $27,000. Finally, IFP Advisors Inc raised its position in shares of Regal Rexnord by 34.0% in the fourth quarter. IFP Advisors Inc now owns 193 shares of the company’s stock worth $27,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 99.72% of the company’s stock.
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.
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