Stanley Capital Management LLC Makes New Investment in Regal Rexnord Corporation $RRX

Stanley Capital Management LLC bought a new stake in Regal Rexnord Corporation (NYSE:RRX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 133,600 shares of the company’s stock, valued at approximately $31,822,000. Regal Rexnord accounts for approximately 4.2% of Stanley Capital Management LLC’s portfolio, making the stock its 4th biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. Covestor Ltd grew its holdings in Regal Rexnord by 81.6% in the fourth quarter. Covestor Ltd now owns 178 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Clearstead Trust LLC acquired a new position in shares of Regal Rexnord in the second quarter worth $25,000. Geneos Wealth Management Inc. lifted 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 valued at $25,000 after acquiring an additional 127 shares in the last quarter. Garner Asset Management Corp acquired a new stake in shares of Regal Rexnord during the fourth quarter valued at $27,000. Finally, IFP Advisors Inc boosted its stake in shares of Regal Rexnord by 34.0% during the fourth quarter. IFP Advisors Inc now owns 193 shares of the company’s stock valued at $27,000 after acquiring an additional 49 shares during the last quarter. 99.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on RRX shares. DA Davidson assumed coverage on shares of Regal Rexnord in a research report on Tuesday, June 16th. They issued a “buy” rating and a $260.00 price objective for the company. Citigroup boosted their price target on Regal Rexnord from $240.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. UBS Group set a $260.00 price target on Regal Rexnord in a research note on Monday, June 15th. Wall Street Zen cut Regal Rexnord from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Finally, KeyCorp lowered their price objective on Regal Rexnord from $265.00 to $240.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $244.92.

Regal Rexnord Stock Down 0.3%

Shares of NYSE:RRX opened at $162.20 on Wednesday. The stock has a 50-day simple moving average of $202.19 and a 200-day simple moving average of $203.81. The stock has a market capitalization of $10.80 billion, a P/E ratio of 33.44, a PEG ratio of 1.21 and a beta of 1.09. Regal Rexnord Corporation has a 1 year low of $127.96 and a 1 year high of $247.80. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.16 and a current ratio of 2.28.

Regal Rexnord (NYSE:RRX) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.99 EPS for the quarter, beating the consensus estimate of $2.58 by $0.41. Regal Rexnord had a net margin of 5.35% and a return on equity of 9.93%. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the firm posted $2.48 earnings per share. Regal Rexnord’s revenue for the quarter was up 4.2% compared to the same quarter last year. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. Equities analysts forecast that Regal Rexnord Corporation will post 10.68 earnings per share for the current year.

Regal Rexnord Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, September 30th. Regal Rexnord’s dividend payout ratio is currently 28.87%.

About Regal Rexnord

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.