Bank of New York Mellon Corp Acquires Shares of 190,443 REX American Resources Corporation $REX

Key Points

• Bank of New York Mellon acquired 190,443 REX shares worth approximately $8.6 million, giving it a 0.58% stake. Institutional investors collectively own 88.12% of the company.
• REX reported fiscal Q2 2026 EPS of $1.06, well above the $0.42 analyst estimate and $0.22 a year earlier, although revenue of $168.49 million fell short of the $194.81 million consensus.
• The company plans to expand One Earth’s ethanol capacity to about 175 million gallons initially and potentially 200 million gallons by mid-next year, but shares declined as investors weighed cyclical ethanol margins and execution risks.

Bank of New York Mellon Corp bought a new position in REX American Resources Corporation (NYSE:REX - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 190,443 shares of the energy company's stock, valued at approximately $8,599,000. Bank of New York Mellon Corp owned about 0.58% of REX American Resources as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. AQR Capital Management LLC grew its position in REX American Resources by 29.2% in the first quarter. AQR Capital Management LLC now owns 96,316 shares of the energy company's stock worth $3,619,000 after acquiring an additional 21,781 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of REX American Resources by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,161 shares of the energy company's stock valued at $344,000 after purchasing an additional 390 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of REX American Resources by 4.1% in the 1st quarter. Empowered Funds LLC now owns 78,667 shares of the energy company's stock worth $2,956,000 after purchasing an additional 3,128 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of REX American Resources by 74.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,244 shares of the energy company's stock valued at $3,090,000 after purchasing an additional 35,209 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of REX American Resources by 55.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 95,608 shares of the energy company's stock valued at $4,657,000 after purchasing an additional 34,030 shares during the last quarter. 88.12% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting REX American Resources

Here are the key news stories impacting REX American Resources this week:

• Positive Sentiment: Record earnings beat estimates. Fiscal Q2 2026 earnings per share rose to $1.06, compared with $0.22 in the prior-year quarter and analysts’ consensus estimate of $0.42. Revenue also increased, supporting the view that stronger ethanol operations drove significant year-over-year improvement. REX American Resources Reports Record Fiscal Second Quarter 2026 Results
• Positive Sentiment: One Earth expansion provides a growth catalyst. REX outlined plans to expand One Earth’s production capacity to approximately 175 million gallons initially, with a longer-term target of about 200 million gallons by the middle of next year. Higher capacity could increase future volumes and earnings if ethanol market conditions remain favorable. REX Outlines One Earth Expansion
• Neutral Sentiment: The earnings call and related coverage focused on the quarterly performance and expansion plans, with investors likely seeking additional detail on ethanol margins, production execution and the timing of capacity growth. REX American Resources Earnings Call Transcript
• Negative Sentiment: Shares nevertheless reacted negatively to the report. The market’s decline suggests that the large earnings beat was at least partly anticipated, or that investors remain concerned about cyclical ethanol profitability, future margins and the execution risks associated with the expansion program. REX American Skids on Q2 Figures

REX American Resources Price Performance

REX American Resources stock opened at $42.16 on Thursday. The firm has a market capitalization of $1.39 billion, a P/E ratio of 15.03 and a beta of 0.63. REX American Resources Corporation has a 1-year low of $30.02 and a 1-year high of $53.36. The company's 50-day moving average is $44.36 and its 200 day moving average is $43.72.

REX American Resources (NYSE:REX - Get Free Report) last announced its earnings results on Wednesday, September 2nd. The energy company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.64. REX American Resources had a return on equity of 13.67% and a net margin of 14.30%.The business had revenue of $168.49 million during the quarter, compared to analyst estimates of $194.81 million.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded REX American Resources from a "buy (b)" rating to a "buy (b-)" rating in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy".

Insider Buying and Selling at REX American Resources

In other REX American Resources news, insider Stuart A. Rose sold 15,186 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $43.64, for a total value of $662,717.04. Following the sale, the insider owned 573,094 shares in the company, valued at $25,009,822.16. This trade represents a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 100,000 shares of company stock valued at $4,395,989 in the last quarter. Corporate insiders own 13.21% of the company's stock.

About REX American Resources

REX American Resources Corp. is a diversified agribusiness and renewable energy company headquartered in Kansas City, Missouri. Founded in 2005 through a reorganization of existing agricultural interests, the company focuses on two primary business segments: fuel ethanol production and specialty ingredient solutions. REX American Resources leverages its integrated operations to supply clean-burning fuel, animal feed co-products and sweetener ingredients to a broad customer base in North America and beyond.

In its alcohol fuels segment, the company operates an anhydrous ethanol production facility in Colwich, Kansas.

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