Regal Rexnord (RRX)

• Market cap: $10.3B
• 1 day: -0.04%
• 5 days: -6.85%
• 1 month: -8.90%
• 3 months: -8.08%
• 6 months: 11.08%
• Year to date: 7.74%
• 1 year: 7.78%
• 5 years: 80.40%
• 10 years: 106.54%
• Sector: Industrials
• Industry: General Industrial Machinery & Equipment, Not Elsewhere Classified

About: Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions.

Employees: 32,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 8 (+4) [Q3]

49% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 43

20% more capital invested

Capital invested by funds: $9.07B [Q2] → $10.9B (+$1.83B) [Q3]

5% more funds holding

Funds holding: 411 [Q2] → 432 (+21) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 152

4% less call options, than puts

Call options by funds: $33.3M | Put options by funds: $34.6M

2.3% less ownership

Funds ownership: 100.91% [Q2] → 98.61% (-2.3%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $200 28% upside
• Avg. target: $208 33% upside
• High target: $215 38% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Goldman Sachs Joe Ritchie 70% 1-year accuracy 19 / 27 met price target	37% upside $213	Buy Maintained	12 Dec 2024
Jefferies Saree Boroditsky 33% 1-year accuracy 4 / 12 met price target	38% upside $215	Buy Initiated	12 Dec 2024
Barclays Julian Mitchell 61% 1-year accuracy 62 / 101 met price target	31% upside $205	Overweight Maintained	5 Dec 2024
Baird Michael Halloran 59% 1-year accuracy 17 / 29 met price target	33% upside $208	Outperform Maintained	6 Nov 2024
Citigroup Kyle Menges 29% 1-year accuracy 5 / 17 met price target	28% upside $200	Buy Initiated	14 Oct 2024