40,773 Shares in Regal Rexnord Corporation $RRX Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG purchased 40,773 Regal Rexnord shares worth approximately $9.7 million, acquiring a 0.06% stake. Institutional investors collectively own 99.72% of the company.
• Analysts maintain a favorable outlook, with eight Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $244.92.
• Regal Rexnord exceeded quarterly earnings expectations with EPS of $2.99 versus the $2.58 consensus, while revenue rose 4.2% year over year to $1.56 billion. The company also declared a quarterly dividend of $0.35 per share, equivalent to a 0.8% annual yield.

B. Metzler seel. Sohn & Co. AG bought a new stake in Regal Rexnord Corporation (NYSE:RRX - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 40,773 shares of the company's stock, valued at approximately $9,712,000. B. Metzler seel. Sohn & Co. AG owned 0.06% of Regal Rexnord as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vontobel Holding Ltd. boosted its holdings in Regal Rexnord by 5.2% in the fourth quarter. Vontobel Holding Ltd. now owns 276,266 shares of the company's stock valued at $38,766,000 after purchasing an additional 13,564 shares in the last quarter. Easterly Investment Partners LLC raised its stake in shares of Regal Rexnord by 719.4% during the 4th quarter. Easterly Investment Partners LLC now owns 75,354 shares of the company's stock worth $10,574,000 after buying an additional 66,158 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Regal Rexnord by 4.4% in the first quarter. Bank of America Corp DE now owns 397,219 shares of the company's stock valued at $74,383,000 after purchasing an additional 16,615 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Regal Rexnord by 42.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,793 shares of the company's stock worth $3,619,000 after purchasing an additional 7,647 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Regal Rexnord by 42.6% in the fourth quarter. Victory Capital Management Inc. now owns 5,658,365 shares of the company's stock valued at $793,983,000 after purchasing an additional 1,690,264 shares in the last quarter. 99.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

RRX has been the topic of several recent analyst reports. UBS Group set a $260.00 target price on Regal Rexnord in a research report on Monday, June 15th. 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. Citigroup lifted their price target on shares of Regal Rexnord from $240.00 to $260.00 and gave the stock a "buy" rating in a research note on Tuesday, July 14th. DA Davidson started coverage on Regal Rexnord in a report on Tuesday, June 16th. They issued a "buy" rating and a $260.00 price target for the company. Finally, KeyCorp cut their target price on shares of Regal Rexnord from $265.00 to $240.00 and set an "overweight" rating on the stock in a report 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. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $244.92.

Regal Rexnord Stock Down 2.1%

Shares of RRX stock opened at $165.99 on Friday. 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. The business's fifty day moving average is $205.43 and its 200-day moving average is $204.01. The stock has a market cap of $11.05 billion, a PE ratio of 34.22, a price-to-earnings-growth ratio of 1.26 and a beta of 1.09.

Regal Rexnord (NYSE:RRX - Get Free Report) last announced 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 business had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter last year, the business 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 expect that Regal Rexnord Corporation will post 10.68 earnings per share for the current fiscal year.

Regal Rexnord Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors 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 yield of 0.8%. The ex-dividend date is Wednesday, September 30th. Regal Rexnord's dividend payout ratio (DPR) is presently 28.87%.

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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