Ceredex Value Advisors LLC Takes Position in Regal Rexnord Corporation $RRX

Ceredex Value Advisors LLC bought a new stake in Regal Rexnord Corporation (NYSE:RRX) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 109,243 shares of the company’s stock, valued at approximately $26,021,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. CM Wealth Advisors LLC acquired a new position in Regal Rexnord during the 2nd quarter worth approximately $319,000. Johnson Financial Group Inc. acquired a new stake in shares of Regal Rexnord in the 2nd quarter valued at $99,000. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Regal Rexnord in the 2nd quarter valued at $20,484,000. K2 Principal Fund L.P. purchased a new stake in shares of Regal Rexnord during the 2nd quarter worth $953,000. Finally, Auxano Advisors LLC acquired a new position in shares of Regal Rexnord during the second quarter worth $1,660,000. Hedge funds and other institutional investors own 99.72% of the company’s stock.

Regal Rexnord Price Performance

Shares of RRX opened at $165.99 on Friday. The company has a market capitalization of $11.05 billion, a price-to-earnings ratio of 34.22, a price-to-earnings-growth ratio of 1.26 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.16 and a current ratio of 2.28. The firm has a 50-day simple moving average of $205.43 and a 200-day simple moving average of $204.01. Regal Rexnord Corporation has a fifty-two week low of $127.96 and a fifty-two week high of $247.80.

Regal Rexnord (NYSE:RRX) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.99 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.41. Regal Rexnord had a net margin of 5.35% and a return on equity of 9.93%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the firm earned $2.48 earnings per share. The firm’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. On average, equities research analysts anticipate that Regal Rexnord Corporation will post 10.68 earnings per share for the current year.

Regal Rexnord Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Regal Rexnord’s payout ratio is presently 28.87%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Regal Rexnord in a report on Monday, July 20th. They issued a “buy” rating and a $286.00 target price on the stock. Wolfe Research set a $250.00 price target on Regal Rexnord in a report on Thursday, July 9th. KeyCorp lowered their price objective on Regal Rexnord from $265.00 to $240.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Oppenheimer reiterated an “outperform” rating on shares of Regal Rexnord in a report on Friday, July 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Regal Rexnord in a research report on Friday, July 17th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average 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.