Regal Rexnord Corporation $RRX Stock Acquired by Perpetual Ltd

Key Points

• Perpetual Ltd increased its Regal Rexnord stake by 85.4% in the third quarter, adding 107,072 shares to own 232,431 shares valued at approximately $36.1 million. Institutional investors and hedge funds collectively own 99.72% of RRX.
• Regal Rexnord reported quarterly EPS of $2.99, exceeding analyst expectations 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 announced a quarterly dividend of $0.35 per share, equivalent to an annualized yield of 0.9%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $230.50, well above the reported share price of $163.25.

Perpetual Ltd increased its position in Regal Rexnord Corporation (NYSE:RRX - Free Report) by 85.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 232,431 shares of the company's stock after purchasing an additional 107,072 shares during the quarter. Perpetual Ltd owned 0.35% of Regal Rexnord worth $36,052,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in RRX. Bank of America Corp DE boosted its position in Regal Rexnord by 4.4% in the 1st quarter. Bank of America Corp DE now owns 397,219 shares of the company's stock valued at $74,383,000 after buying an additional 16,615 shares during the last quarter. Engineers Gate Manager LP acquired a new stake in shares of Regal Rexnord during the second quarter valued at about $11,920,000. Medina Value Partners LLC purchased a new stake in shares of Regal Rexnord during the second quarter worth about $12,349,675. BlackRock Inc. acquired a new position in shares of Regal Rexnord in the second quarter worth about $1,477,356,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Regal Rexnord in the second quarter worth about $2,161,000. 99.72% of the stock is owned by institutional investors and hedge funds.

Regal Rexnord Price Performance

Shares of NYSE RRX opened at $163.25 on Tuesday. Regal Rexnord Corporation has a twelve month low of $127.96 and a twelve month high of $247.80. The company has a current ratio of 2.28, a quick ratio of 1.16 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $10.87 billion, a price-to-earnings ratio of 33.66, a price-to-earnings-growth ratio of 1.31 and a beta of 1.09. The business has a 50 day simple moving average of $163.46 and a 200-day simple moving average of $192.32.

Regal Rexnord (NYSE:RRX - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.99 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company posted $2.48 EPS. The business's 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. As a group, equities research analysts expect that Regal Rexnord Corporation will post 10.65 earnings per share for the current year.

Regal Rexnord Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders 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 dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Regal Rexnord's dividend payout ratio is 28.87%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on RRX. JPMorgan Chase & Co. lowered their price objective on Regal Rexnord from $240.00 to $196.00 and set an "overweight" rating for the company in a research note on Friday. UBS Group set a $260.00 target price on Regal Rexnord in a research report on Monday, June 15th. Citigroup reduced their target price on Regal Rexnord from $220.00 to $200.00 and set a "buy" rating for the company in a research note on Monday. KeyCorp cut their price target on shares of Regal Rexnord from $265.00 to $240.00 and set an "overweight" rating on the stock in a report on Thursday, August 6th. Finally, DA Davidson started coverage on shares of Regal Rexnord in a research report on Tuesday, June 16th. They set a "buy" rating and a $260.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $230.50.

About Regal Rexnord

Regal Rexnord Corporation is a global manufacturer of industrial power, motion control and automation products. The company supplies electric motors, generators, gearboxes, bearings, couplings, clutches, brakes and related power-transmission equipment used to move, control and manage energy in industrial and commercial applications.

Its product portfolio also includes automation and motion-control technologies, conveyor and material-handling systems, precision components, and solutions designed to improve the efficiency and reliability of machinery.

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