Regal Rexnord (NYSE:RRX – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 10.350-10.850 for the period, compared to the consensus earnings per share estimate of 10.690. The company issued revenue guidance of -.
Regal Rexnord Trading Up 4.3%
Shares of RRX stock opened at $220.21 on Wednesday. Regal Rexnord has a fifty-two week low of $127.96 and a fifty-two week high of $247.80. 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 fifty day moving average is $213.60 and its two-hundred day moving average is $202.63. The firm has a market capitalization of $14.66 billion, a P/E ratio of 51.21, a PEG ratio of 1.40 and a beta of 1.09.
Regal Rexnord (NYSE:RRX – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $2.99 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.41. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Regal Rexnord had a net margin of 4.78% and a return on equity of 9.49%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.48 earnings per share. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. Research analysts expect that Regal Rexnord will post 10.65 earnings per share for the current fiscal year.
Regal Rexnord Dividend Announcement
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the company. UBS Group set a $260.00 price target on Regal Rexnord in a research report on Monday, June 15th. Citigroup lifted their price objective on Regal Rexnord from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Wall Street Zen lowered Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Oppenheimer restated an “outperform” rating on shares of Regal Rexnord in a report on Friday, July 10th. Finally, JPMorgan Chase & Co. upped their target price on Regal Rexnord from $230.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.00.
Check Out Our Latest Stock Report on Regal Rexnord
Insider Buying and Selling at Regal Rexnord
In other news, Director Robin A. Walker-Lee sold 1,297 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director owned 5,503 shares in the company, valued at $1,176,816.55. This trade represents a 19.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert Rehard sold 6,499 shares of Regal Rexnord stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 27,965 shares in the company, valued at approximately $5,593,000. The trade was a 18.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 30,305 shares of company stock worth $6,341,869 in the last ninety days. 0.63% of the stock is owned by insiders.
Institutional Investors Weigh In On Regal Rexnord
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Viking Global Investors LP raised its position in Regal Rexnord by 25.7% in the second quarter. Viking Global Investors LP now owns 3,430,128 shares of the company’s stock valued at $497,231,000 after purchasing an additional 701,145 shares during the period. Invesco Ltd. increased its position in shares of Regal Rexnord by 27.1% during the 4th quarter. Invesco Ltd. now owns 1,905,828 shares of the company’s stock worth $267,426,000 after purchasing an additional 405,828 shares during the last quarter. Morgan Stanley raised its holdings in Regal Rexnord by 46.8% in the 4th quarter. Morgan Stanley now owns 1,010,252 shares of the company’s stock valued at $141,759,000 after buying an additional 322,191 shares during the period. Wellington Management Group LLP raised its holdings in Regal Rexnord by 215.8% in the 3rd quarter. Wellington Management Group LLP now owns 385,717 shares of the company’s stock valued at $55,327,000 after buying an additional 263,592 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Regal Rexnord in the fourth quarter valued at about $36,861,000. Hedge funds and other institutional investors 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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