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]
73% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 37
20% more capital invested
Capital invested by funds: $9.12B [Q2] → $11B (+$1.85B) [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
2.26% less ownership
Funds ownership: 101.52% [Q2] → 99.26% (-2.26%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Citigroup Kyle Menges 58% 1-year accuracy 14 / 24 met price target | 21%upside $190 | Buy Maintained | 14 Jan 2025 |
Barclays Julian Mitchell 63% 1-year accuracy 70 / 111 met price target | 21%upside $190 | Overweight Maintained | 8 Jan 2025 |
Goldman Sachs Joe Ritchie 63% 1-year accuracy 17 / 27 met price target | 36%upside $213 | Buy Maintained | 12 Dec 2024 |
Jefferies Saree Boroditsky 25% 1-year accuracy 2 / 8 met price target | 37%upside $215 | Buy Initiated | 12 Dec 2024 |
Baird Michael Halloran 52% 1-year accuracy 15 / 29 met price target | 33%upside $208 | Outperform Maintained | 6 Nov 2024 |