Regal Rexnord (NYSE:RRX) Announces Quarterly Earnings Results, Misses Estimates By $0.22 EPS

Regal Rexnord (NYSE:RRX) posted its quarterly earnings results on Wednesday. The company reported $2.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.56 by ($0.22), Zacks reports. Regal Rexnord had a net margin of 3.41% and a return on equity of 9.48%. Regal Rexnord updated its FY 2025 guidance to 9.600-10.400 EPS.

Regal Rexnord Stock Performance

Shares of Regal Rexnord stock traded down $0.15 during trading on Wednesday, reaching $154.74. The company’s stock had a trading volume of 709,147 shares, compared to its average volume of 508,159. The firm has a market cap of $10.25 billion, a PE ratio of 48.81, a P/E/G ratio of 1.53 and a beta of 1.03. The company has a 50-day moving average price of $161.31 and a two-hundred day moving average price of $163.10. The company has a current ratio of 2.45, a quick ratio of 1.35 and a debt-to-equity ratio of 0.87. Regal Rexnord has a fifty-two week low of $130.94 and a fifty-two week high of $185.28.

Regal Rexnord Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Monday, March 31st. Regal Rexnord’s payout ratio is currently 44.16%.

Insiders Place Their Bets

In related news, CEO Louis V. Pinkham sold 8,774 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $180.03, for a total transaction of $1,579,583.22. Following the transaction, the chief executive officer now owns 149,618 shares of the company’s stock, valued at $26,935,728.54. This trade represents a 5.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.82% of the stock is currently owned by insiders.

Analysts Set New Price Targets

RRX has been the topic of several analyst reports. Citigroup reduced their target price on shares of Regal Rexnord from $210.00 to $190.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Jefferies Financial Group initiated coverage on shares of Regal Rexnord in a research note on Thursday, December 12th. They set a “buy” rating and a $215.00 target price for the company. Robert W. Baird cut their price target on Regal Rexnord from $223.00 to $208.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. The Goldman Sachs Group upped their price objective on Regal Rexnord from $191.00 to $213.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Barclays decreased their target price on Regal Rexnord from $205.00 to $190.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $202.00.

Regal Rexnord Company Profile

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.