Medina Value Partners LLC Invests $12.35 Billion in Regal Rexnord Corporation $RRX

Medina Value Partners LLC acquired a new stake in shares of Regal Rexnord Corporation (NYSE:RRX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,848 shares of the company’s stock, valued at approximately $12,349,675,000. Regal Rexnord accounts for about 2.4% of Medina Value Partners LLC’s investment portfolio, making the stock its 19th largest holding. Medina Value Partners LLC owned about 0.08% of Regal Rexnord at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in RRX. AQR Capital Management LLC lifted its holdings in shares of Regal Rexnord by 208.1% during the 1st quarter. AQR Capital Management LLC now owns 17,747 shares of the company’s stock valued at $2,011,000 after buying an additional 11,987 shares during the period. Jones Financial Companies Lllp increased its position in Regal Rexnord by 91.6% during the first quarter. Jones Financial Companies Lllp now owns 617 shares of the company’s stock valued at $70,000 after acquiring an additional 295 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in 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 acquiring an additional 127 shares during the period. Cetera Investment Advisers lifted its holdings in Regal Rexnord by 6.7% in the second quarter. Cetera Investment Advisers now owns 3,116 shares of the company’s stock valued at $452,000 after acquiring an additional 196 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Regal Rexnord in the second quarter worth about $4,759,000. Institutional investors own 99.72% of the company’s stock.

Regal Rexnord Price Performance

NYSE:RRX opened at $162.20 on Wednesday. The business’s 50-day simple moving average is $202.19 and its two-hundred day simple moving average is $203.81. Regal Rexnord Corporation has a 52 week low of $127.96 and a 52 week high of $247.80. The stock has a market cap of $10.80 billion, a PE ratio of 33.44, a P/E/G ratio of 1.21 and a beta of 1.09. 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 (NYSE:RRX) 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. The firm had revenue of $1.56 billion during 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 quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.48 earnings per share. Regal Rexnord has set its FY 2026 guidance at 10.350-10.850 EPS. As a group, analysts forecast that Regal Rexnord Corporation will post 10.68 EPS for the current fiscal year.

Regal Rexnord Announces Dividend

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

Analyst Ratings Changes

RRX has been the topic of several recent research reports. KeyCorp lowered their price objective on shares of Regal Rexnord from $265.00 to $240.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Regal Rexnord from $230.00 to $240.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Citigroup raised 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Regal Rexnord in a research note on Friday, July 17th. Finally, Wolfe Research set a $250.00 target price on shares of Regal Rexnord in a report on Thursday, July 9th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Regal Rexnord presently has a consensus rating of “Moderate Buy” and a consensus price target 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.