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

Medina Value Partners LLC purchased a new position in Regal Rexnord Corporation (NYSE:RRX) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 51,848 shares of the company’s stock, valued at approximately $12,349,675. Regal Rexnord comprises about 0.0% of Medina Value Partners LLC’s holdings, making the stock its 19th largest holding. Medina Value Partners LLC owned approximately 0.08% of Regal Rexnord as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Clearstead Trust LLC bought a new position in Regal Rexnord during the second quarter worth $25,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Regal Rexnord in the second quarter valued at approximately $27,000. Covestor Ltd raised its holdings in Regal Rexnord by 81.6% in the fourth quarter. Covestor Ltd now owns 178 shares of the company’s stock worth $25,000 after buying an additional 80 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Regal Rexnord in the second quarter worth approximately $43,000. Finally, FNY Investment Advisers LLC purchased a new stake in Regal Rexnord during the second quarter valued at approximately $43,000. Institutional investors own 99.72% of the company’s stock.

Regal Rexnord Trading Down 3.7%

Shares of Regal Rexnord stock traded down $6.04 on Friday, reaching $157.88. The company had a trading volume of 1,706,710 shares, compared to its average volume of 1,139,542. 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 cap of $10.51 billion, a price-to-earnings ratio of 32.55, a P/E/G ratio of 1.23 and a beta of 1.09. The firm’s 50-day moving average price is $199.82 and its two-hundred day moving average price is $203.22. Regal Rexnord Corporation has a 1 year low of $127.96 and a 1 year high of $247.80.

Regal Rexnord (NYSE:RRX) last posted 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 company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the previous year, the firm posted $2.48 EPS. Regal Rexnord’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, research analysts predict that Regal Rexnord Corporation will post 10.68 earnings per share for the current fiscal 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 $0.35 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.40 dividend on an annualized basis and a yield of 0.9%. Regal Rexnord’s dividend payout ratio (DPR) is 28.87%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. DA Davidson started coverage on shares of Regal Rexnord in a research report on Tuesday, June 16th. They issued a “buy” rating and a $260.00 target price on the stock. Oppenheimer reiterated an “outperform” rating on shares of Regal Rexnord in a research note on Friday, July 10th. Citigroup lifted their price objective on Regal Rexnord from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. KeyCorp reduced their price objective on Regal Rexnord from $265.00 to $240.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. 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 analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $244.92.

About Regal Rexnord

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.