Regal Rexnord (NYSE:RRX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Regal Rexnord (NYSE:RRX) had its price objective boosted by analysts at JPMorgan Chase & Co. from $230.00 to $240.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 15.65% from the stock’s current price.

A number of other research analysts have also recently weighed in on RRX. Weiss Ratings reiterated a “hold (c)” rating on shares of Regal Rexnord in a research report on Tuesday, April 21st. Robert W. Baird set a $253.00 price objective on shares of Regal Rexnord in a research report on Friday, February 6th. Wall Street Zen cut shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 28th. Oppenheimer boosted their price objective on shares of Regal Rexnord from $180.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Finally, The Goldman Sachs Group upped their price target on shares of Regal Rexnord from $170.00 to $230.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Regal Rexnord currently has an average rating of “Moderate Buy” and an average price target of $232.25.

Regal Rexnord Trading Up 3.4%

RRX stock traded up $6.74 during mid-day trading on Tuesday, reaching $207.52. 209,183 shares of the stock traded hands, compared to its average volume of 1,119,522. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.08 and a current ratio of 2.17. Regal Rexnord has a one year low of $127.96 and a one year high of $236.35. The stock has a market capitalization of $13.81 billion, a PE ratio of 48.26, a PEG ratio of 1.89 and a beta of 1.15. The business has a 50-day moving average price of $199.06 and a two-hundred day moving average price of $177.44.

Regal Rexnord (NYSE:RRX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Regal Rexnord had a net margin of 4.78% and a return on equity of 9.49%. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the business posted $2.15 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. Regal Rexnord has set its FY 2026 guidance at 10.200-11.000 EPS. Equities research analysts expect that Regal Rexnord will post 10.63 EPS for the current year.

Insider Transactions at Regal Rexnord

In other news, Director Robin A. Walker-Lee sold 1,297 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $213.85, for a total value of $277,363.45. Following the transaction, the director directly owned 5,503 shares in the company, valued at approximately $1,176,816.55. This represents a 19.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Robert Rehard sold 968 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $223.00, for a total transaction of $215,864.00. Following the completion of the transaction, the chief financial officer owned 34,447 shares in the company, valued at approximately $7,681,681. The trade was a 2.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 24,774 shares of company stock worth $5,257,933. Insiders own 0.63% of the company’s stock.

Institutional Trading of Regal Rexnord

A number of hedge funds have recently added to or reduced their stakes in RRX. AQR Capital Management LLC lifted its stake in Regal Rexnord by 208.1% in the first 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 lifted its stake in Regal Rexnord by 91.6% in the first quarter. Jones Financial Companies Lllp now owns 617 shares of the company’s stock worth $70,000 after acquiring an additional 295 shares during the period. Geneos Wealth Management Inc. lifted its stake in 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 period. Cetera Investment Advisers lifted its stake in Regal Rexnord by 6.7% in the second quarter. Cetera Investment Advisers now owns 3,116 shares of the company’s stock worth $452,000 after acquiring an additional 196 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Regal Rexnord in the second quarter worth about $4,759,000. 99.72% of the stock is owned by hedge funds and other institutional investors.

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.