Paradigm Capital Management Inc. NY Takes $5.98 Million Position in Regal Rexnord Corporation $RRX

Paradigm Capital Management Inc. NY bought a new stake in shares of Regal Rexnord Corporation (NYSE:RRX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,100 shares of the company’s stock, valued at approximately $5,979,000.

A number of other large investors also recently added to or reduced their stakes in RRX. IFP Advisors Inc lifted its stake 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. Parallel Advisors LLC grew its stake in shares of Regal Rexnord by 5.6% during the first quarter. Parallel Advisors LLC now owns 938 shares of the company’s stock valued at $176,000 after buying an additional 50 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Regal Rexnord by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 14,855 shares of the company’s stock worth $2,084,000 after buying an additional 60 shares during the period. UMB Bank n.a. lifted its stake in shares of Regal Rexnord by 6.2% in the 4th quarter. UMB Bank n.a. now owns 1,023 shares of the company’s stock valued at $144,000 after acquiring an additional 60 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its stake in shares of Regal Rexnord by 3.2% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,092 shares of the company’s stock valued at $392,000 after acquiring an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 99.72% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on RRX shares. DA Davidson started coverage on Regal Rexnord in a report on Tuesday, June 16th. They set a “buy” rating and a $260.00 target price for the company. Wolfe Research set a $250.00 price objective on Regal Rexnord in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft assumed coverage on Regal Rexnord in a research note on Monday, July 20th. They set a “buy” rating and a $286.00 price objective for the company. Wall Street Zen downgraded shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, Citigroup lifted their target price on shares of Regal Rexnord from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $244.92.

Regal Rexnord Stock Down 1.8%

NYSE RRX opened at $163.17 on Tuesday. Regal Rexnord Corporation has a 1 year low of $127.96 and a 1 year high of $247.80. The stock has a market capitalization of $10.87 billion, a PE ratio of 33.64, a PEG ratio of 1.24 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.28 and a quick ratio of 1.16. The business’s 50-day moving average is $203.39 and its 200 day moving average is $203.93.

Regal Rexnord (NYSE:RRX) last released its quarterly earnings results 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 return on equity of 9.93% and a net margin of 5.35%.The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the prior year, the company posted $2.48 EPS. Regal Rexnord’s quarterly 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. Sell-side analysts forecast that Regal Rexnord Corporation will post 10.68 earnings per share for the current year.

Regal Rexnord Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 0.9%. Regal Rexnord’s payout ratio is 28.87%.

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.