Fifth Third Bancorp Raises Stock Holdings in Regal Rexnord Corporation $RRX

16 Jul 2026, 09:31 by Kim Johansen · The Markets Daily

Fifth Third Bancorp boosted its position in shares of Regal Rexnord Corporation (NYSE:RRX – Free Report) by 6,109.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 44,394 shares of the company’s stock after acquiring an additional 43,679 shares during the quarter. Fifth Third Bancorp’s holdings in Regal Rexnord were worth $8,313,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Covestor Ltd raised its stake in shares of Regal Rexnord by 81.6% in the fourth quarter. Covestor Ltd now owns 178 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. Garner Asset Management Corp acquired a new position in Regal Rexnord in the 4th quarter worth approximately $27,000. IFP Advisors Inc raised its position in Regal Rexnord by 34.0% during the 4th quarter. IFP Advisors Inc now owns 193 shares of the company’s stock worth $27,000 after buying an additional 49 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Regal Rexnord by 135.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 221 shares of the company’s stock worth $25,000 after buying an additional 127 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Regal Rexnord during the 3rd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 99.72% of the company’s stock.

Regal Rexnord Stock Performance

Shares of RRX stock opened at $213.62 on Thursday. The company has a current ratio of 2.17, a quick ratio of 1.08 and a debt-to-equity ratio of 0.69. Regal Rexnord Corporation has a 12-month low of $127.96 and a 12-month high of $247.80. The business’s 50 day moving average is $211.79 and its two-hundred day moving average is $196.73. The company has a market capitalization of $14.22 billion, a P/E ratio of 49.68, a P/E/G ratio of 1.98 and a beta of 1.08.

Regal Rexnord (NYSE:RRX – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Regal Rexnord had a return on equity of 9.49% and a net margin of 4.78%.The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.15 earnings per share. Analysts expect that Regal Rexnord Corporation will post 10.64 EPS for the current fiscal year.

Regal Rexnord Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Regal Rexnord’s payout ratio is presently 32.56%.

Insiders Place Their Bets

In other Regal Rexnord news, CFO Robert Rehard sold 6,499 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $200.00, for a total transaction of $1,299,800.00. Following the completion of the transaction, the chief financial officer directly owned 27,965 shares in the company, valued at approximately $5,593,000. This represents a 18.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robin A. Walker-Lee sold 1,297 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $213.85, for a total transaction of $277,363.45. Following the transaction, the director directly owned 5,503 shares in the company, valued at approximately $1,176,816.55. The trade was a 19.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 30,305 shares of company stock worth $6,341,869. Company insiders own 0.63% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on RRX. Citigroup upped their price objective on shares of Regal Rexnord from $240.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday. Oppenheimer restated an “outperform” rating on shares of Regal Rexnord in a research report on Friday, July 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Regal Rexnord in a report on Tuesday, April 21st. DA Davidson assumed coverage on Regal Rexnord in a research report on Tuesday, June 16th. They set a “buy” rating and a $260.00 price target on the stock. Finally, UBS Group set a $260.00 target price on Regal Rexnord in a report on Monday, June 15th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $243.45.

Check Out Our Latest Stock Analysis on Regal Rexnord

Regal Rexnord Company Profile

(Free Report)

Regal Rexnord Corporation (NYSE: RRX) is a global industrial manufacturer specializing in electric motors, power generation equipment and automated motion control systems. The company designs, engineers and produces a broad portfolio of products that includes energy-efficient electric motors, variable frequency drives, gearboxes, couplings, bearings and power transmission components. These offerings support critical applications in industries such as heating, ventilation and air conditioning (HVAC), refrigeration, data centers, water treatment, food and beverage processing, mining, oil and gas, and material handling.

The company’s operations are organized into multiple business segments that address distinct customer needs.