Regal Rexnord
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]
27% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 51
20% more capital invested
Capital invested by funds: $9.06B [Q2] → $10.9B (+$1.8B) [Q3]
3% more funds holding
Funds holding: 410 [Q2] → 424 (+14) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 147
4% less call options, than puts
Call options by funds: $33.3M | Put options by funds: $34.6M
2.6% less ownership
Funds ownership: 100.85% [Q2] → 98.25% (-2.6%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Baird Michael Halloran 63% 1-year accuracy 19 / 30 met price target | 20%upside $208 | Outperform Maintained | 6 Nov 2024 |
Citigroup Kyle Menges 100% 1-year accuracy 3 / 3 met price target | 16%upside $200 | Buy Initiated | 14 Oct 2024 |
Barclays Julian Mitchell 72% 1-year accuracy 64 / 89 met price target | 10%upside $190 | Overweight Maintained | 2 Oct 2024 |
Loop Capital Chris Dankert 91% 1-year accuracy 10 / 11 met price target | 16%upside $200 | Buy Maintained | 19 Sept 2024 |
Financial journalist opinion
Based on 6 articles about RRX published over the past 30 days
