Leeward Investments LLC MA Buys 52,155 Shares of Regal Rexnord Corporation $RRX

Leeward Investments LLC MA grew its holdings in shares of Regal Rexnord Corporation (NYSE:RRX) by 28.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 232,566 shares of the company’s stock after purchasing an additional 52,155 shares during the period. Regal Rexnord makes up about 1.7% of Leeward Investments LLC MA’s holdings, making the stock its 5th biggest position. Leeward Investments LLC MA’s holdings in Regal Rexnord were worth $32,634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd acquired a new position in Regal Rexnord during the 3rd quarter worth approximately $27,000. Garner Asset Management Corp acquired a new position in Regal Rexnord during the 4th quarter worth approximately $27,000. Root Financial Partners LLC acquired a new position in Regal Rexnord during the 3rd quarter worth approximately $28,000. Geneos Wealth Management Inc. increased its position in 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 purchasing an additional 127 shares during the period. Finally, Advisory Services Network LLC acquired a new position in Regal Rexnord during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 99.72% of the company’s stock.

Insider Activity at Regal Rexnord

In related news, Director Robin A. Walker-Lee sold 1,297 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $213.85, for a total value of $277,363.45. Following the sale, the director owned 5,503 shares of the company’s stock, valued at approximately $1,176,816.55. This represents a 19.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Louis V. Pinkham sold 22,509 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $211.68, for a total value of $4,764,705.12. Following the completion of the sale, the chief executive officer directly owned 56,749 shares in the company, valued at approximately $12,012,628.32. The trade was a 28.40% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 26,063 shares of company stock valued at $5,545,547. 0.63% of the stock is owned by corporate insiders.

Regal Rexnord Stock Performance

RRX opened at $207.65 on Friday. The stock has a market cap of $13.82 billion, a P/E ratio of 48.29, a P/E/G ratio of 1.94 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. The stock’s 50 day simple moving average is $199.39 and its 200 day simple moving average is $174.87. 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 for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations 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 was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.15 EPS. Regal Rexnord has set its FY 2026 guidance at 10.200-11.000 EPS. As a group, equities analysts anticipate that Regal Rexnord Corporation will post 10.63 EPS for the current fiscal year.

Regal Rexnord Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.40 dividend on an annualized basis and a yield of 0.7%. Regal Rexnord’s dividend payout ratio is presently 32.56%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on RRX shares. Robert W. Baird set a $253.00 target price on Regal Rexnord in a research report on Friday, February 6th. KeyCorp boosted their target price on Regal Rexnord from $255.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. The Goldman Sachs Group boosted their target price on Regal Rexnord from $170.00 to $230.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Oppenheimer boosted their target price on Regal Rexnord from $180.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Finally, Citigroup upped their price target on Regal Rexnord from $230.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $231.00.

Regal Rexnord 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.