16,613 Shares in Regal Rexnord Corporation $RRX Purchased by Man Group plc

Key Points

• Man Group purchased 16,613 shares of Regal Rexnord in the second quarter, worth approximately $3.96 million. Institutional investors collectively own 99.72% of the company’s outstanding stock.
• Regal Rexnord reported quarterly EPS of $2.99, beating estimates of $2.58, while revenue rose 4.2% year over year to $1.56 billion. The company issued fiscal 2026 EPS guidance of $10.35–$10.85.
• The company declared a quarterly dividend of $0.35 per share, equal to an annualized $1.40 and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $244.92.

Man Group plc purchased a new stake in shares of Regal Rexnord Corporation (NYSE:RRX - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 16,613 shares of the company's stock, valued at approximately $3,957,000.

Several other hedge funds have also bought and sold shares of RRX. AQR Capital Management LLC increased its stake in shares of Regal Rexnord by 208.1% during the first quarter. AQR Capital Management LLC now owns 17,747 shares of the company's stock valued at $2,011,000 after purchasing an additional 11,987 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Regal Rexnord by 91.6% in the 1st quarter. Jones Financial Companies Lllp now owns 617 shares of the company's stock worth $70,000 after purchasing an additional 295 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Regal Rexnord by 135.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 221 shares of the company's stock worth $25,000 after buying an additional 127 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Regal Rexnord by 6.7% in the 2nd quarter. Cetera Investment Advisers now owns 3,116 shares of the company's stock worth $452,000 after buying an additional 196 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in Regal Rexnord during the 2nd quarter valued at approximately $4,759,000. Institutional investors own 99.72% of the company's stock.

Regal Rexnord Stock Up 0.3%

Regal Rexnord stock opened at $157.88 on Monday. The firm has a market cap of $10.51 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 1.17 and a beta of 1.09. The stock has a fifty day simple moving average of $198.44 and a two-hundred day simple moving average of $202.81. Regal Rexnord Corporation has a 12 month low of $127.96 and a 12 month high of $247.80. The company has a current ratio of 2.28, a quick ratio of 1.16 and a debt-to-equity ratio of 0.66.

Regal Rexnord (NYSE:RRX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the prior year, the company posted $2.48 earnings per share. The company's quarterly revenue was up 4.2% on a year-over-year basis. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. Equities analysts predict that Regal Rexnord Corporation will post 10.68 EPS for the current fiscal year.

Regal Rexnord Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Regal Rexnord's dividend payout ratio (DPR) is presently 28.87%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Oppenheimer reissued an "outperform" rating on shares of Regal Rexnord in a report on Friday, July 10th. UBS Group set a $260.00 price target on Regal Rexnord in a research report on Monday, June 15th. Wolfe Research set a $250.00 price target on shares of Regal Rexnord in a research note on Thursday, July 9th. Wall Street Zen downgraded shares of Regal Rexnord from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 18th. Finally, KeyCorp reduced 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 note on Thursday, August 6th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $244.92.

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.

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