
Regal Rexnord Corporation (NYSE:RRX – Free Report) – Analysts at Seaport Res Ptn lowered their Q3 2026 earnings estimates for Regal Rexnord in a report released on Tuesday, November 4th. Seaport Res Ptn analyst W. Liptak now expects that the company will earn $2.82 per share for the quarter, down from their prior forecast of $2.90. The consensus estimate for Regal Rexnord’s current full-year earnings is $9.95 per share.
Several other brokerages have also weighed in on RRX. The Goldman Sachs Group cut their price objective on shares of Regal Rexnord from $192.00 to $170.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Barclays reaffirmed an “overweight” rating and set a $165.00 price objective on shares of Regal Rexnord in a research report on Monday. Wall Street Zen lowered shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 21st. JPMorgan Chase & Co. cut their price objective on shares of Regal Rexnord from $200.00 to $190.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Robert W. Baird set a $212.00 price objective on shares of Regal Rexnord in a research report on Friday, October 31st. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $184.63.
Regal Rexnord Price Performance
Shares of RRX opened at $137.55 on Thursday. The firm has a market cap of $9.13 billion, a PE ratio of 35.54, a PEG ratio of 1.52 and a beta of 1.16. The firm’s 50 day moving average price is $143.87 and its 200 day moving average price is $141.26. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.93 and a current ratio of 2.00. Regal Rexnord has a twelve month low of $90.56 and a twelve month high of $185.28.
Regal Rexnord (NYSE:RRX – Get Free Report) last issued its quarterly earnings data on Friday, September 8th. The company reported $2.76 earnings per share for the quarter. The firm had revenue of $1.85 billion for the quarter. Regal Rexnord had a net margin of 4.38% and a return on equity of 9.75%.
Hedge Funds Weigh In On Regal Rexnord
Institutional investors have recently modified their holdings of the company. Allworth Financial LP raised its position in shares of Regal Rexnord by 85.7% in the second quarter. Allworth Financial LP now owns 195 shares of the company’s stock valued at $28,000 after purchasing an additional 90 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Regal Rexnord in the third quarter worth $28,000. SJS Investment Consulting Inc. grew its stake in shares of Regal Rexnord by 95.1% in the third quarter. SJS Investment Consulting Inc. now owns 199 shares of the company’s stock worth $29,000 after acquiring an additional 97 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Regal Rexnord by 135.1% in the first quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock worth $25,000 after acquiring an additional 127 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Regal Rexnord by 216.3% in the third quarter. Farther Finance Advisors LLC now owns 272 shares of the company’s stock worth $39,000 after acquiring an additional 186 shares during the last quarter. Institutional investors own 99.72% of the company’s stock.
Regal Rexnord Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st will be given a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.0%. Regal Rexnord’s dividend payout ratio (DPR) is currently 36.18%.
Regal Rexnord Company Profile
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.
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