Regal Rexnord (NYSE:RRX) Releases FY 2025 Earnings Guidance

Key Points

• Regal Rexnord has issued its FY 2025 earnings guidance, projecting EPS between 9.700 and 10.300, slightly below analysts' consensus estimate of 9.874.
• The stock has recently traded down 1.3% to $145.52, with a market capitalization of $9.65 billion and a price-to-earnings ratio of 41.46.
• A quarterly dividend of $0.35 has been declared, representing an annualized amount of $1.40 and a yield of 1.0% for shareholders of record by September 30th.

Regal Rexnord (NYSE:RRX - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 9.700-10.300 for the period, compared to the consensus estimate of 9.874. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Barclays lifted their price objective on shares of Regal Rexnord from $160.00 to $165.00 and gave the company an "overweight" rating in a research report on Wednesday, July 9th. KeyCorp set a $180.00 price objective on shares of Regal Rexnord and gave the stock an "overweight" rating in a research report on Thursday, June 26th. Citigroup reiterated a "buy" rating and set a $165.00 target price (up previously from $145.00) on shares of Regal Rexnord in a research note on Tuesday, June 24th. Wall Street Zen upgraded Regal Rexnord from a "buy" rating to a "strong-buy" rating in a research report on Thursday, May 22nd. Finally, The Goldman Sachs Group upped their price target on shares of Regal Rexnord from $173.00 to $195.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Regal Rexnord currently has a consensus rating of "Buy" and an average price target of $185.25.

Regal Rexnord Stock Down 2.7%

Regal Rexnord stock traded down $3.95 during midday trading on Thursday, reaching $141.69. The stock had a trading volume of 687,741 shares, compared to its average volume of 756,380. The company has a current ratio of 2.26, a quick ratio of 1.21 and a debt-to-equity ratio of 0.82. The company has a fifty day moving average price of $146.11 and a two-hundred day moving average price of $133.39. The company has a market capitalization of $9.40 billion, a P/E ratio of 37.74, a PEG ratio of 1.47 and a beta of 1.18. Regal Rexnord has a 12 month low of $90.56 and a 12 month high of $185.28.

Regal Rexnord (NYSE:RRX - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.42 by $0.06. Regal Rexnord had a net margin of 4.28% and a return on equity of 9.85%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the firm posted $2.29 earnings per share. The business's revenue was down 3.3% compared to the same quarter last year. As a group, equities analysts expect that Regal Rexnord will post 9.95 EPS for the current fiscal year.

Regal Rexnord Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 30th. Regal Rexnord's dividend payout ratio is presently 39.89%.

Insiders Place Their Bets

In other Regal Rexnord news, CEO Louis V. Pinkham sold 10,593 shares of Regal Rexnord stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $140.33, for a total value of $1,486,515.69. Following the completion of the transaction, the chief executive officer owned 175,954 shares of the company's stock, valued at approximately $24,691,624.82. The trade was a 5.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.82% of the company's stock.

Hedge Funds Weigh In On Regal Rexnord

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its stake in Regal Rexnord by 208.1% in the 1st quarter. AQR Capital Management LLC now owns 17,747 shares of the company's stock worth $2,011,000 after acquiring an additional 11,987 shares during the period. Jones Financial Companies Lllp increased its position in Regal Rexnord by 91.6% in the 1st quarter. Jones Financial Companies Lllp now owns 617 shares of the company's stock worth $70,000 after buying an additional 295 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Regal Rexnord by 135.1% during the first quarter. Geneos Wealth Management Inc. now owns 221 shares of the company's stock worth $25,000 after purchasing an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 99.72% of the company's stock.

About Regal Rexnord

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets.