UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in Regal Rexnord Corporation (NYSE:RRX - Free Report) by 34.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 483,108 shares of the company's stock after selling 249,206 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.73% of Regal Rexnord worth $115,071,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in RRX. IFP Advisors Inc boosted its position in Regal Rexnord by 34.0% in the 4th quarter. IFP Advisors Inc now owns 193 shares of the company's stock valued at $27,000 after buying an additional 49 shares during the period. Parallel Advisors LLC grew its stake in shares of Regal Rexnord by 5.6% in the first quarter. Parallel Advisors LLC now owns 938 shares of the company's stock worth $176,000 after acquiring an additional 50 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in shares of Regal Rexnord by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 14,855 shares of the company's stock worth $2,084,000 after acquiring an additional 60 shares during the period. UMB Bank n.a. increased its position in shares of Regal Rexnord by 6.2% during the fourth quarter. UMB Bank n.a. now owns 1,023 shares of the company's stock worth $144,000 after acquiring an additional 60 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of Regal Rexnord by 3.2% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,092 shares of the company's stock valued at $392,000 after acquiring an additional 65 shares in the last quarter. 99.72% of the stock is owned by hedge funds and other institutional investors.
Regal Rexnord Stock Down 1.0%
Regal Rexnord stock opened at $156.79 on Wednesday. The stock has a market cap of $10.44 billion, a PE ratio of 32.33, a P/E/G ratio of 1.18 and a beta of 1.06. 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 stock's fifty day moving average is $195.76 and its two-hundred day moving average is $201.89. Regal Rexnord Corporation has a 1-year low of $127.96 and a 1-year high of $247.80.
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 (EPS) for the quarter, topping 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 period in the prior year, the firm posted $2.48 EPS. The business's quarterly revenue 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. On average, sell-side analysts expect that Regal Rexnord Corporation will post 10.68 EPS for the current fiscal year.
Regal Rexnord Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Regal Rexnord's dividend payout ratio is 28.87%.
Analysts Set New Price Targets
Several equities research analysts have weighed in on RRX shares. KeyCorp cut their price target on Regal Rexnord from $265.00 to $240.00 and set an "overweight" rating on the stock in a report on Thursday, August 6th. Wolfe Research set a $250.00 price objective on Regal Rexnord in a research note on Thursday, July 9th. Oppenheimer reissued an "outperform" rating on shares of Regal Rexnord in a research report on Friday, July 10th. DA Davidson assumed coverage on shares of Regal Rexnord in a research note on Tuesday, June 16th. They set a "buy" rating and a $260.00 target price on the stock. Finally, UBS Group set a $260.00 target price on shares of Regal Rexnord in a report on Monday, June 15th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $244.92.
Read Our Latest Research Report on Regal Rexnord
Regal Rexnord Profile
(
Free Report)
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.
Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Regal Rexnord, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Regal Rexnord wasn't on the list.
While Regal Rexnord currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.