Strategic Family Wealth Counselors L.L.C. Purchases New Shares in Regal Rexnord Corporation $RRX

Strategic Family Wealth Counselors L.L.C. purchased a new stake in shares of Regal Rexnord Corporation (NYSE:RRX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,775 shares of the company’s stock, valued at approximately $423,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in Regal Rexnord by 135.1% during the first 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 acquired a new stake in Regal Rexnord during the third quarter valued at $27,000. Garner Asset Management Corp acquired a new stake in Regal Rexnord during the fourth quarter valued at $27,000. Root Financial Partners LLC acquired a new stake in Regal Rexnord during the third quarter valued at $28,000. Finally, Advisory Services Network LLC acquired a new stake in Regal Rexnord during the third quarter valued at $35,000. Institutional investors and hedge funds own 99.72% of the company’s stock.

Regal Rexnord Stock Performance

RRX opened at $206.15 on Thursday. The company has a quick ratio of 1.08, a current ratio of 2.17 and a debt-to-equity ratio of 0.69. The company has a market cap of $13.72 billion, a price-to-earnings ratio of 47.94, a PEG ratio of 1.97 and a beta of 1.15. Regal Rexnord Corporation has a 52-week low of $127.96 and a 52-week high of $236.35. The firm’s fifty day simple moving average is $199.53 and its two-hundred day simple moving average is $174.44.

Regal Rexnord (NYSE:RRX) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.06. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.43 billion. Regal Rexnord had a net margin of 4.78% and a return on equity of 9.49%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm posted $2.15 earnings per share. Regal Rexnord has set its FY 2026 guidance at 10.200-11.000 EPS. Equities analysts anticipate that Regal Rexnord Corporation will post 10.63 earnings per share for the current fiscal year.

Regal Rexnord Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. The Goldman Sachs Group raised their price target 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. JPMorgan Chase & Co. raised their price target on shares of Regal Rexnord from $190.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Regal Rexnord in a report on Tuesday, April 21st. Robert W. Baird set a $253.00 price objective on shares of Regal Rexnord in a report on Friday, February 6th. Finally, Citigroup increased their price objective on shares of Regal Rexnord from $230.00 to $240.00 and gave the company a “buy” rating in a report on Monday, April 13th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $231.00.

Insider Transactions at Regal Rexnord

In other news, Director Robin A. Walker-Lee sold 1,297 shares of the firm’s 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 transaction, the director directly owned 5,503 shares of the company’s stock, valued at approximately $1,176,816.55. This trade represents a 19.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Robert Rehard sold 1,289 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $223.13, for a total transaction of $287,614.57. Following the completion of the transaction, the chief financial officer directly owned 35,415 shares in the company, valued at approximately $7,902,148.95. This represents a 3.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 26,063 shares of company stock valued at $5,545,547. Corporate insiders own 0.63% of the company’s stock.

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.