Jefferies Financial Group Inc. Makes New $505,000 Investment in Regal Rexnord Corporation $RRX

Jefferies Financial Group Inc. purchased a new position in shares of Regal Rexnord Corporation (NYSE:RRX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,600 shares of the company’s stock, valued at approximately $505,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Covestor Ltd increased its stake in shares of Regal Rexnord by 81.6% in the fourth quarter. Covestor Ltd now owns 178 shares of the company’s stock worth $25,000 after buying an additional 80 shares during the period. Geneos Wealth Management Inc. boosted its position in Regal Rexnord by 135.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock valued at $25,000 after buying an additional 127 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in Regal Rexnord in the 3rd quarter worth $27,000. Garner Asset Management Corp bought a new stake in Regal Rexnord in the 4th quarter worth $27,000. Finally, IFP Advisors Inc grew its holdings in Regal Rexnord by 34.0% in the 4th quarter. IFP Advisors Inc now owns 193 shares of the company’s stock worth $27,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 99.72% of the company’s stock.

Insider Buying and Selling

In related news, Director Robin A. Walker-Lee sold 1,297 shares of the 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 completion of the transaction, the director directly owned 5,503 shares of the company’s stock, valued at $1,176,816.55. This represents a 19.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Louis V. Pinkham sold 22,509 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $211.68, for a total transaction of $4,764,705.12. Following the completion of the transaction, the chief executive officer directly owned 56,749 shares of the company’s stock, valued at approximately $12,012,628.32. The trade was a 28.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 30,305 shares of company stock valued at $6,341,869 over the last three months. Corporate insiders own 0.63% of the company’s stock.

Wall Street Analyst Weigh In

RRX has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Regal Rexnord in a report on Tuesday, April 21st. Robert W. Baird set a $253.00 price target on shares of Regal Rexnord in a report on Friday, February 6th. KeyCorp raised their price target on shares of Regal Rexnord from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. The Goldman Sachs Group raised 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. Finally, Oppenheimer raised their price target on shares of Regal Rexnord from $180.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Regal Rexnord has an average rating of “Moderate Buy” and an average target price of $232.25.

Regal Rexnord Trading Down 0.7%

Shares of RRX opened at $201.47 on Friday. Regal Rexnord Corporation has a 1-year low of $127.96 and a 1-year high of $236.35. 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 firm’s 50-day moving average price is $200.45 and its 200-day moving average price is $179.07. The firm has a market capitalization of $13.41 billion, a price-to-earnings ratio of 46.85, a PEG ratio of 1.90 and a beta of 1.15.

Regal Rexnord (NYSE:RRX) last released its quarterly earnings results on Wednesday, May 6th. The company reported $2.17 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the firm earned $2.15 earnings per share. Regal Rexnord’s revenue was up 4.3% on a year-over-year basis. Regal Rexnord has set its FY 2026 guidance at 10.200-11.000 EPS. Sell-side analysts anticipate that Regal Rexnord Corporation will post 10.63 EPS for the current year.

Regal Rexnord Announces Dividend

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

Regal Rexnord 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.