Regal Rexnord Corporation $RRX is Kerrisdale Advisers LLC's Largest Position

Key Points

• Kerrisdale Advisers increased its Regal Rexnord stake by 3,688.2% in the second quarter, making RRX its largest holding at 27.9% of the portfolio and worth approximately $110.4 million.
• 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, equivalent to a 0.9% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $244.92.

Kerrisdale Advisers LLC lifted its holdings in shares of Regal Rexnord Corporation (NYSE:RRX - Free Report) by 3,688.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 463,295 shares of the company's stock after buying an additional 451,065 shares during the quarter. Regal Rexnord makes up approximately 27.9% of Kerrisdale Advisers LLC's investment portfolio, making the stock its largest position. Kerrisdale Advisers LLC owned approximately 0.70% of Regal Rexnord worth $110,352,000 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 increased its holdings in Regal Rexnord by 81.6% in the 4th quarter. Covestor Ltd now owns 178 shares of the company's stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Clearstead Trust LLC purchased a new position in Regal Rexnord during the second quarter valued at $25,000. Geneos Wealth Management Inc. grew its position in shares of Regal Rexnord by 135.1% in the first quarter. Geneos Wealth Management Inc. now owns 221 shares of the company's stock valued at $25,000 after purchasing an additional 127 shares during the period. Garner Asset Management Corp acquired a new stake in shares of Regal Rexnord in the fourth quarter valued at about $27,000. Finally, IFP Advisors Inc increased its stake in shares of Regal Rexnord by 34.0% during the fourth quarter. IFP Advisors Inc now owns 193 shares of the company's stock worth $27,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 99.72% of the company's stock.

Regal Rexnord Price Performance

RRX stock opened at $157.88 on Monday. 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 current ratio of 2.28 and a quick ratio of 1.16. The firm has a market capitalization of $10.51 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 1.17 and a beta of 1.09. The business has a 50 day simple moving average of $198.44 and a 200-day simple moving average of $202.81.

Regal Rexnord (NYSE:RRX - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $2.99 earnings per share for the quarter, topping 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 company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the company posted $2.48 earnings per share. The firm's revenue for the quarter was up 4.2% compared to the same quarter last year. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. Equities research analysts anticipate that Regal Rexnord Corporation will post 10.68 earnings per share for the current fiscal year.

Regal Rexnord Announces Dividend

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

Wall Street Analyst Weigh In

RRX has been the subject of several research reports. Citigroup boosted their price objective on Regal Rexnord from $240.00 to $260.00 and gave the stock a "buy" rating in a research note on Tuesday, July 14th. Oppenheimer reiterated an "outperform" rating on shares of Regal Rexnord in a research report on Friday, July 10th. DA Davidson initiated coverage on Regal Rexnord in a research note on Tuesday, June 16th. They issued a "buy" rating and a $260.00 price objective for the company. Weiss Ratings restated a "hold (c)" rating on shares of Regal Rexnord in a report on Friday, July 17th. Finally, Wall Street Zen cut shares of Regal Rexnord from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 18th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Regal Rexnord currently has a consensus rating of "Moderate Buy" and an average target price of $244.92.

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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