Barrow Hanley Mewhinney & Strauss LLC Invests $254.64 Million in Regal Rexnord Corporation $RRX

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 1.07 million shares of Regal Rexnord worth approximately $254.6 million, giving it a 1.61% stake. Institutional investors collectively own 99.72% of the company.
• Regal Rexnord reported quarterly EPS of $2.99, beating analyst estimates of $2.58, while revenue rose 4.2% year over year to $1.56 billion. The company guided to fiscal 2026 EPS of $10.35–$10.85.
• The company declared a quarterly dividend of $0.35 per share, or $1.40 annualized, representing a 0.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $244.92.

Barrow Hanley Mewhinney & Strauss LLC bought a new position in Regal Rexnord Corporation (NYSE:RRX - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,069,048 shares of the company's stock, valued at approximately $254,637,000. Barrow Hanley Mewhinney & Strauss LLC owned about 1.61% of Regal Rexnord at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Commerce Bank bought a new stake in Regal Rexnord during the 2nd quarter worth approximately $46,043,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Regal Rexnord in the second quarter valued at approximately $43,000. Quantbot Technologies LP purchased a new position in shares of Regal Rexnord during the second quarter valued at approximately $243,000. Evolve Private Wealth LLC purchased a new position in shares of Regal Rexnord during the second quarter valued at approximately $489,000. Finally, William Blair Investment Management LLC bought a new stake in Regal Rexnord during the second quarter worth $212,260,000. Institutional investors own 99.72% of the company's stock.

Regal Rexnord Stock Up 0.1%

RRX stock opened at $166.36 on Monday. The stock's fifty day simple moving average is $204.51 and its two-hundred day simple moving average is $203.98. 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 Corporation has a 1-year low of $127.96 and a 1-year high of $247.80. The stock has a market cap of $11.08 billion, a P/E ratio of 34.30, a P/E/G ratio of 1.24 and a beta of 1.09.

Regal Rexnord (NYSE:RRX - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.58 billion. Regal Rexnord had a return on equity of 9.93% and a net margin of 5.35%.The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.48 EPS. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. Analysts expect that Regal Rexnord Corporation will post 10.68 EPS for the current year.

Regal Rexnord Announces Dividend

The business also recently disclosed 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 28.87%.

Analyst Ratings Changes

RRX has been the subject of a number of analyst reports. DA Davidson assumed coverage on Regal Rexnord in a research report on Tuesday, June 16th. They issued a "buy" rating and a $260.00 price target for the company. UBS Group set a $260.00 price objective on shares of Regal Rexnord in a report on Monday, June 15th. Wolfe Research set a $250.00 target price on shares of Regal Rexnord in a research note on Thursday, July 9th. JPMorgan Chase & Co. raised their price target on shares of Regal Rexnord from $230.00 to $240.00 and gave the company an "overweight" rating in a research report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Regal Rexnord in a report on Monday, July 20th. They set a "buy" rating and a $286.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Regal Rexnord presently has a consensus rating of "Moderate Buy" and a consensus price target of $244.92.

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.

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