William Blair Investment Management LLC Has $106.54 Million Stake in Regal Rexnord Corporation $RRX

William Blair Investment Management LLC raised its position in Regal Rexnord Corporation (NYSE:RRX) by 88.4% during the fourth quarter, Holdings Channel reports. The firm owned 759,283 shares of the company’s stock after purchasing an additional 356,279 shares during the period. William Blair Investment Management LLC’s holdings in Regal Rexnord were worth $106,543,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RRX. Covestor Ltd lifted its position in shares of Regal Rexnord by 81.6% during the 4th quarter. Covestor Ltd now owns 178 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Regal Rexnord during the 3rd quarter valued at $27,000. Garner Asset Management Corp acquired a new position in shares of Regal Rexnord during the 4th quarter valued at $27,000. IFP Advisors Inc lifted its position in shares of Regal Rexnord by 34.0% during the 4th quarter. IFP Advisors Inc now owns 193 shares of the company’s stock valued at $27,000 after acquiring an additional 49 shares during the period. Finally, Root Financial Partners LLC acquired a new position in shares of Regal Rexnord during the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 99.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on RRX. Wall Street Zen downgraded shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 28th. Citigroup boosted their target price on shares of Regal Rexnord from $230.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, April 13th. The Goldman Sachs Group boosted their target price on shares of Regal Rexnord from $170.00 to $230.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Regal Rexnord in a research report on Tuesday, April 21st. Finally, KeyCorp boosted their target price on shares of Regal Rexnord from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $231.00.

Regal Rexnord Stock Performance

NYSE RRX opened at $200.92 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 debt-to-equity ratio of 0.69, a current ratio of 2.17 and a quick ratio of 1.08. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 46.73, a PEG ratio of 1.89 and a beta of 1.15. The company has a fifty day moving average price of $198.79 and a 200-day moving average price of $176.70.

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

Regal Rexnord Announces Dividend

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

Insider Transactions at Regal Rexnord

In other news, CEO Louis V. Pinkham sold 22,509 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $211.68, for a total value of $4,764,705.12. Following the completion of the sale, the chief executive officer owned 56,749 shares in the company, valued at $12,012,628.32. This represents a 28.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robin A. Walker-Lee sold 1,297 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $213.85, for a total transaction of $277,363.45. Following the completion of the sale, the director owned 5,503 shares of the company’s stock, valued at approximately $1,176,816.55. The trade was a 19.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,063 shares of company stock worth $5,545,547 in the last quarter. 0.63% of the stock is currently owned by corporate insiders.

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.