Regal Rexnord (NYSE:RRX) Stock Price Expected to Rise, KeyCorp Analyst Says

Regal Rexnord (NYSE:RRX) had its price target upped by equities researchers at KeyCorp from $200.00 to $255.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s price target indicates a potential upside of 13.82% from the company’s previous close.

Several other equities analysts have also commented on RRX. Oppenheimer raised their price objective on Regal Rexnord from $180.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Citigroup lifted their price target on shares of Regal Rexnord from $180.00 to $230.00 and gave the company a “buy” rating in a research report on Monday. Jefferies Financial Group cut shares of Regal Rexnord from a “buy” rating to a “hold” rating and cut their price objective for the stock from $170.00 to $160.00 in a report on Wednesday, December 10th. JPMorgan Chase & Co. boosted their price target on Regal Rexnord from $190.00 to $230.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Zacks Research upgraded Regal Rexnord from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $227.50.

Regal Rexnord Price Performance

Shares of NYSE RRX opened at $224.04 on Tuesday. Regal Rexnord has a 1 year low of $90.56 and a 1 year high of $229.30. The stock has a market capitalization of $14.87 billion, a P/E ratio of 53.34, a P/E/G ratio of 2.07 and a beta of 1.13. The company’s 50-day moving average is $158.03 and its 200 day moving average is $148.76. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.15 and a quick ratio of 1.10.

Regal Rexnord (NYSE:RRX) last posted its quarterly earnings data on Thursday, February 5th. The company reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.04. Regal Rexnord had a return on equity of 9.60% and a net margin of 4.71%.The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the previous year, the firm posted $2.34 EPS. The business’s revenue was up 4.3% on a year-over-year basis. On average, sell-side analysts expect that Regal Rexnord will post 9.95 earnings per share for the current year.

Insiders Place Their Bets

In other Regal Rexnord news, Director Curtis W. Stoelting sold 4,500 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $180.00, for a total value of $810,000.00. Following the completion of the transaction, the director owned 15,617 shares of the company’s stock, valued at approximately $2,811,060. The trade was a 22.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Robert Rehard sold 7,704 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $216.72, for a total transaction of $1,669,610.88. Following the transaction, the chief financial officer owned 34,154 shares in the company, valued at $7,401,854.88. This represents a 18.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 87,129 shares of company stock worth $16,136,908 in the last 90 days. 0.82% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Covestor Ltd grew its position in Regal Rexnord by 81.6% in the 4th quarter. Covestor Ltd now owns 178 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the period. Geneos Wealth Management Inc. grew its holdings 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 period. Aster Capital Management DIFC Ltd purchased a new stake in Regal Rexnord during the third quarter valued at $27,000. Garner Asset Management Corp bought a new position in Regal Rexnord in the fourth quarter valued at about $27,000. Finally, IFP Advisors Inc boosted its position in Regal Rexnord by 34.0% in the fourth quarter. IFP Advisors Inc now owns 193 shares of the company’s stock worth $27,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 99.72% of the company’s stock.

Regal Rexnord News Summary

Here are the key news stories impacting Regal Rexnord this week:

• Positive Sentiment: Top analyst activity: KeyCorp/KeyBanc raised their outlook — price target was raised (to $255) and the firm reiterated an overweight/buy view, supporting upside expectations for RRX. Article Title
• Positive Sentiment: Market reaction to analyst upgrade: Coverage notes the stock hit a new 52‑week high following the analyst upgrade, which can attract momentum and institutional interest. Regal Rexnord (NYSE:RRX) Sets New 52-Week High on Analyst Upgrade
• Positive Sentiment: Short interest fell meaningfully in January (down ~17%), lowering short pressure and reducing a potential headwind that can lead to upward price moves as shorts cover. No link provided
• Neutral Sentiment: Analysts drilling into Q4: Coverage and analyst Q&A from the Q4 earnings call highlight focus areas for growth and margins — useful for guidance on next-quarter expectations but not an immediate directional catalyst. Regal Rexnord’s Q4 earnings call: Our top 5 analyst questions
• Negative Sentiment: CEO Louis V. Pinkham sold 36,728 shares at an average ~$215.52 (~$7.9M), trimming his holding by ~30.6%; such large insider sales can concern investors about insider conviction. SEC Filing
• Negative Sentiment: CFO Robert Rehard sold 7,704 shares at ~\$216.72 (~\$1.67M), reducing his stake by ~18.4%; another executive sale that may weigh on sentiment. SEC Filing
• Negative Sentiment: EVP Cheryl Lewis sold 2,262 shares at ~\$215.73 (~\$488K), cutting her holding by ~14.6%; adds to the pattern of insider selling this week. SEC Filing

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.