Q1 EPS Estimates for Regal Rexnord Cut by Seaport Res Ptn

Regal Rexnord Co. (NYSE:RRX - Free Report) - Research analysts at Seaport Res Ptn dropped their Q1 2025 EPS estimates for Regal Rexnord in a report issued on Wednesday, November 6th. Seaport Res Ptn analyst W. Liptak now forecasts that the company will post earnings of $2.16 per share for the quarter, down from their previous estimate of $2.34. The consensus estimate for Regal Rexnord's current full-year earnings is $9.20 per share. Seaport Res Ptn also issued estimates for Regal Rexnord's Q2 2025 earnings at $2.68 EPS, Q4 2025 earnings at $2.86 EPS and FY2025 earnings at $10.45 EPS.

Several other analysts have also issued reports on RRX. StockNews.com upgraded shares of Regal Rexnord from a "hold" rating to a "buy" rating in a research report on Wednesday, October 16th. Barclays lifted their price target on Regal Rexnord from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 2nd. KeyCorp dropped their price objective on Regal Rexnord from $210.00 to $190.00 and set an "overweight" rating for the company in a research note on Monday, July 15th. The Goldman Sachs Group lifted their target price on shares of Regal Rexnord from $176.00 to $195.00 and gave the stock a "buy" rating in a research note on Friday, August 2nd. Finally, Robert W. Baird dropped their price target on shares of Regal Rexnord from $223.00 to $208.00 and set an "outperform" rating for the company in a research report on Wednesday, November 6th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Regal Rexnord has an average rating of "Moderate Buy" and an average price target of $193.00.

Regal Rexnord Trading Up 0.7 %

Shares of RRX traded up $1.24 during mid-day trading on Monday, reaching $176.30. The company's stock had a trading volume of 582,556 shares, compared to its average volume of 453,324. Regal Rexnord has a 52 week low of $108.64 and a 52 week high of $185.28. The stock has a market cap of $11.68 billion, a PE ratio of 55.62, a P/E/G ratio of 1.90 and a beta of 1.04. The company's fifty day moving average price is $166.02 and its two-hundred day moving average price is $156.48. The company has a current ratio of 2.45, a quick ratio of 1.38 and a debt-to-equity ratio of 0.87.

Regal Rexnord (NYSE:RRX - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.48 by $0.01. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.53 billion. Regal Rexnord had a return on equity of 9.48% and a net margin of 3.41%. The company's revenue was down 10.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.10 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Moors & Cabot Inc. purchased a new position in shares of Regal Rexnord in the 3rd quarter valued at approximately $341,000. Jennison Associates LLC lifted its position in Regal Rexnord by 4.7% during the third quarter. Jennison Associates LLC now owns 131,255 shares of the company's stock valued at $21,773,000 after buying an additional 5,942 shares during the period. Commerce Bank grew its position in shares of Regal Rexnord by 1.6% in the 3rd quarter. Commerce Bank now owns 425,901 shares of the company's stock worth $70,648,000 after buying an additional 6,538 shares during the period. Avior Wealth Management LLC grew its position in shares of Regal Rexnord by 17.5% in the 3rd quarter. Avior Wealth Management LLC now owns 3,182 shares of the company's stock worth $528,000 after buying an additional 474 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in Regal Rexnord by 29.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 12,311 shares of the company's stock valued at $2,042,000 after acquiring an additional 2,783 shares during the period. Hedge funds and other institutional investors own 99.72% of the company's stock.

Regal Rexnord Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Tuesday, December 31st. Regal Rexnord's payout ratio is currently 44.16%.

About Regal Rexnord

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets.