Medina Value Partners LLC Makes New $12.35 Billion Investment in Regal Rexnord Corporation $RRX

Medina Value Partners LLC acquired a new stake in shares of Regal Rexnord Corporation (NYSE:RRX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 51,848 shares of the company’s stock, valued at approximately $12,349,675,000. Regal Rexnord comprises about 2.4% of Medina Value Partners LLC’s investment portfolio, making the stock its 19th largest position.

A number of other institutional investors have also recently made changes to their positions in the company. Clearstead Trust LLC bought a new stake in shares of Regal Rexnord in the second quarter worth about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Regal Rexnord during the 2nd quarter valued at approximately $27,000. Covestor Ltd grew its holdings in Regal Rexnord by 81.6% during the 4th quarter. Covestor Ltd now owns 178 shares of the company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Regal Rexnord in the 2nd quarter worth approximately $43,000. Finally, FNY Investment Advisers LLC bought a new stake in Regal Rexnord in the 2nd quarter worth approximately $43,000. Hedge funds and other institutional investors own 99.72% of the company’s stock.

Analyst Upgrades and Downgrades

RRX has been the subject of a number of research reports. Oppenheimer reiterated an “outperform” rating on shares of Regal Rexnord in a research report on Friday, July 10th. Wolfe Research set a $250.00 price target on shares of Regal Rexnord in a research report on Thursday, July 9th. DA Davidson initiated coverage on shares of Regal Rexnord in a research report on Tuesday, June 16th. They set a “buy” rating and a $260.00 price objective for the company. KeyCorp lowered their price objective on shares of Regal Rexnord from $265.00 to $240.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, UBS Group set a $260.00 price objective on shares of Regal Rexnord in a research note on Monday, June 15th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $244.92.

Regal Rexnord Price Performance

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

Regal Rexnord (NYSE:RRX) last released its earnings results on Wednesday, August 5th. The company reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.41. Regal Rexnord had a return on equity of 9.93% and a net margin of 5.35%.The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the company posted $2.48 EPS. The company’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 EPS for the current year.

Regal Rexnord Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Regal Rexnord’s payout ratio is presently 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.