Insider Selling: Regal Rexnord (NYSE:RRX) CFO Sells $1,299,800.00 in Stock

Regal Rexnord Corporation (NYSE:RRX) CFO Robert Rehard sold 6,499 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $200.00, for a total value of $1,299,800.00. Following the sale, the chief financial officer owned 27,965 shares of the company’s stock, valued at approximately $5,593,000. The trade was a 18.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Robert Rehard also recently made the following trade(s):

• On Wednesday, February 25th, Robert Rehard sold 968 shares of Regal Rexnord stock. The stock was sold at an average price of $223.00, for a total value of $215,864.00.

Regal Rexnord Stock Performance

Shares of Regal Rexnord stock opened at $203.02 on Friday. The company has a current ratio of 2.17, a quick ratio of 1.08 and a debt-to-equity ratio of 0.69. The business has a 50-day moving average price of $200.12 and a two-hundred day moving average price of $178.92. Regal Rexnord Corporation has a 1-year low of $127.96 and a 1-year high of $236.35. The company has a market cap of $13.52 billion, a P/E ratio of 47.21, a PEG ratio of 1.94 and a beta of 1.15.

Regal Rexnord (NYSE:RRX) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. Regal Rexnord had a return on equity of 9.49% and a net margin of 4.78%.The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business posted $2.15 EPS. 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. As a group, analysts anticipate that Regal Rexnord Corporation will post 10.63 EPS for the current year.

Regal Rexnord Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.40 annualized dividend and a yield of 0.7%. Regal Rexnord’s dividend payout ratio is currently 32.56%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Victory Capital Management Inc. lifted its position in Regal Rexnord by 138.4% in the 3rd quarter. Victory Capital Management Inc. now owns 3,968,101 shares of the company’s stock valued at $566,981,000 after acquiring an additional 2,303,373 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Regal Rexnord by 115.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,836,264 shares of the company’s stock valued at $343,859,000 after acquiring an additional 984,185 shares in the last quarter. Bessemer Group Inc. lifted its position in Regal Rexnord by 4,155.4% in the 1st quarter. Bessemer Group Inc. now owns 916,054 shares of the company’s stock valued at $171,541,000 after acquiring an additional 894,527 shares in the last quarter. Norges Bank bought a new position in Regal Rexnord in the 4th quarter valued at about $121,301,000. Finally, Viking Global Investors LP lifted its position in Regal Rexnord by 25.7% in the 2nd quarter. Viking Global Investors LP now owns 3,430,128 shares of the company’s stock valued at $497,231,000 after acquiring an additional 701,145 shares in the last quarter. 99.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

RRX has been the topic of several research analyst reports. Oppenheimer increased their target price on shares of Regal Rexnord from $180.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Robert W. Baird set a $253.00 target price on shares of Regal Rexnord in a research note on Friday, February 6th. JPMorgan Chase & Co. increased their target price on shares of Regal Rexnord from $230.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Regal Rexnord in a research note on Tuesday, April 21st. Finally, Barclays increased their target price on shares of Regal Rexnord from $237.00 to $245.00 and gave the stock an “overweight” rating in a research note on Monday, March 23rd. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Regal Rexnord currently has a consensus rating of “Moderate Buy” and a consensus price target of $232.25.

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.