Canada Pension Plan Investment Board Invests $9.93 Million in Regal Rexnord Corporation $RRX

Key Points

• Canada Pension Plan Investment Board purchased 41,700 Regal Rexnord shares worth approximately $9.93 million, giving it a 0.06% stake. Institutional investors collectively own 99.72% of the company.
• 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 reaffirmed fiscal 2026 EPS guidance of $10.35–$10.85.
• The company declared a quarterly dividend of $0.35 per share, equivalent to a 0.9% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $244.92.

Canada Pension Plan Investment Board purchased a new stake in Regal Rexnord Corporation (NYSE:RRX - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 41,700 shares of the company's stock, valued at approximately $9,933,000. Canada Pension Plan Investment Board owned approximately 0.06% of Regal Rexnord as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Covestor Ltd grew its position in Regal Rexnord by 81.6% during the fourth quarter. Covestor Ltd now owns 178 shares of the company's stock worth $25,000 after buying an additional 80 shares during the period. Clearstead Trust LLC acquired a new stake in shares of Regal Rexnord during the 2nd quarter valued at approximately $25,000. Geneos Wealth Management Inc. boosted its stake in shares of Regal Rexnord by 135.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 221 shares of the company's stock worth $25,000 after acquiring an additional 127 shares in the last quarter. Garner Asset Management Corp purchased a new stake in shares of Regal Rexnord during the 4th quarter worth approximately $27,000. Finally, IFP Advisors Inc grew its holdings in shares of Regal Rexnord by 34.0% in the 4th quarter. IFP Advisors Inc now owns 193 shares of the company's stock worth $27,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 99.72% of the company's stock.

Regal Rexnord Stock Performance

NYSE RRX opened at $157.88 on Friday. The company has a quick ratio of 1.16, a current ratio of 2.28 and a debt-to-equity ratio of 0.66. Regal Rexnord Corporation has a fifty-two week low of $127.96 and a fifty-two week high of $247.80. The business has a fifty day moving average of $198.44 and a 200-day moving average of $202.91. The stock has a market cap of $10.51 billion, a price-to-earnings ratio of 32.55, a price-to-earnings-growth ratio of 1.17 and a beta of 1.09.

Regal Rexnord (NYSE:RRX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.99 EPS for the quarter, beating analysts' consensus estimates of $2.58 by $0.41. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned $2.48 earnings per share. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. As a group, analysts predict that Regal Rexnord Corporation will post 10.68 earnings per share for the current fiscal year.

Regal Rexnord Dividend Announcement

The company also recently declared 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 dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Regal Rexnord's dividend payout ratio (DPR) is currently 28.87%.

Wall Street Analyst Weigh In

RRX has been the topic of a number of research analyst reports. Oppenheimer reiterated an "outperform" rating on shares of Regal Rexnord in a research report on Friday, July 10th. KeyCorp dropped their price target on Regal Rexnord from $265.00 to $240.00 and set an "overweight" rating for the company in a research report on Thursday, August 6th. Wall Street Zen downgraded Regal Rexnord from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 18th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Regal Rexnord in a research report on Monday, July 20th. They issued a "buy" rating and a $286.00 price objective on the stock. Finally, Citigroup raised their target price on shares of Regal Rexnord from $240.00 to $260.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Regal Rexnord has a consensus rating of "Moderate Buy" and an average 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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