all 29k+ associates at regal rexnord have a shared purpose: create a better tomorrow by energy-efficiently converting power into motion. we are a leading, global manufacturer of airflow, motion control, power transmission, and power generation solutions used in commercial, industrial and residential settings. you may not know it, but regal rexnord impacts your life every day. our products enable the fans in hvac systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyor systems that keep e-commerce flowing. regal rexnord is comprised of four operating segments: motion control solutions, climate solutions, commercial systems and industrial systems. regal rexnord is headquartered in beloit, wisconsin and has manufacturing, sales, and service facilities worldwide. for more information, visit regalrexnord.com.
Company profile
Ticker
RRX
Exchange
Website
CEO
Louis Pinkham
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
REGAL BELOIT CORP
SEC CIK
Corporate docs
Subsidiaries
A&S Industry Techonology (Tianjin) Co. Ltd. • Altra Industrial Motion (ShenZhen) Co Ltd • American Precision Industries, Inc. • Ameridrives International LLC • Arrowhead Systems, LLC • Ball Screws and Actuators Co. Inc. • Bauer Gear Motor GmbH • Boston Gear LLC • Cambridge International, Inc. • Centa MP Shanghai Co Ltd ...
IRS number
390875718
RRX stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Mar 24
DEF 14A
Definitive proxy
13 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Fourth Quarter Highlights
8 Feb 24
8-K
Departure of Directors or Certain Officers
12 Jan 24
8-K
Termination of a Material Definitive Agreement
6 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Regal Rexnord Reports Third Quarter 2023 Financial Results, Including Strong Free Cash Flow
2 Nov 23
8-K
Regulation FD Disclosure
8 Sep 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
Transcripts
RRX
Earnings call transcript
2023 Q4
8 Feb 24
RRX
Earnings call transcript
2023 Q3
2 Nov 23
RRX
Earnings call transcript
2023 Q2
1 Aug 23
RRX
Earnings call transcript
2023 Q1
5 May 23
RRX
Earnings call transcript
2022 Q4
2 Feb 23
RRX
Earnings call transcript
2022 Q3
1 Nov 22
RRX
Earnings call transcript
2022 Q2
2 Aug 22
RRX
Earnings call transcript
2022 Q1
30 Apr 22
RRX
Earnings call transcript
2021 Q4
3 Feb 22
RRX
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 598.80 mm | 598.80 mm | 598.80 mm | 598.80 mm | 598.80 mm | 598.80 mm |
Cash burn (monthly) | 20.27 mm | 10.40 mm | 41.97 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 113.97 mm | 58.48 mm | 235.99 mm | n/a | n/a | n/a |
Cash remaining | 484.83 mm | 540.32 mm | 362.81 mm | n/a | n/a | n/a |
Runway (months of cash) | 23.9 | 52.0 | 8.6 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
97.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 416 |
Opened positions | 55 |
Closed positions | 38 |
Increased positions | 118 |
Reduced positions | 158 |
13F shares | Current |
---|---|
Total value | 9.28 tn |
Total shares | 64.99 mm |
Total puts | 375.10 k |
Total calls | 200.26 k |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
FMR | 8.98 mm | $1.28 tn |
Vanguard | 6.76 mm | $966.40 bn |
Capital World Investors | 6.29 mm | $899.30 bn |
BLK Blackrock | 5.80 mm | $828.50 bn |
Massachusetts Financial Services | 3.40 mm | $485.42 bn |
Diamond Hill Capital Management | 2.36 mm | $337.34 bn |
STT State Street | 1.85 mm | $264.66 bn |
JHG Janus Henderson | 1.57 mm | $224.55 bn |
Dimensional Fund Advisors | 1.37 mm | $195.30 bn |
Ubs Global Asset Management Americas | 1.34 mm | $191.76 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Feb 24 | Valentyn Thomas E | Common Stock | Sell | Dispose S | No | No | 169.7 | 647 | 109.80 k | 28,412.006 |
27 Feb 24 | Valentyn Thomas E | Common Stock | Payment of exercise | Dispose F | No | No | 169.12 | 5,128 | 867.25 k | 29,059.006 |
27 Feb 24 | Valentyn Thomas E | Common Stock | Option exercise | Acquire M | No | No | 133.77 | 5,775 | 772.52 k | 34,187.006 |
27 Feb 24 | Valentyn Thomas E | Stock Appreciation Rights Common Stock | Option exercise | Dispose M | No | No | 133.77 | 5,775 | 772.52 k | 0 |
23 Feb 24 | Valentyn Thomas E | Common Stock | Payment of exercise | Dispose F | No | No | 168.47 | 1,743 | 293.64 k | 28,412.006 |
23 Feb 24 | Valentyn Thomas E | Common Stock | Grant | Acquire A | No | No | 0 | 3,703 | 0.00 | 30,155.006 |
23 Feb 24 | Valentyn Thomas E | Common Stock | Payment of exercise | Dispose F | No | No | 168.47 | 728 | 122.65 k | 26,452.006 |
23 Feb 24 | Brooke Lang | Common Stock | Payment of exercise | Dispose F | No | No | 168.47 | 40 | 6.74 k | 3,939.434 |
23 Feb 24 | Brooke Lang | Common Stock | Grant | Acquire A | No | No | 0 | 1,113 | 0.00 | 3,979.434 |
23 Feb 24 | Brooke Lang | Stock Appreciation Rights Common Stock | Grant | Acquire A | No | No | 168.47 | 2,983 | 502.55 k | 2,983 |
News
(RRX) - Analyzing Regal Rexnord's Short Interest
15 Mar 24
Oppenheimer Maintains Outperform on Regal Rexnord, Raises Price Target to $210
13 Mar 24
Barclays Maintains Overweight on Regal Rexnord, Raises Price Target to $200
8 Mar 24
Here's How Much You Would Have Made Owning Regal Rexnord Stock In The Last 20 Years
13 Feb 24
Regal Rexnord Q4 2023 Adj EPS $2.28 Beats $2.24 Estimate, Sales $1.61B Miss $1.62B Estimate
7 Feb 24
Press releases
REGAL REXNORD REPORTS FOURTH QUARTER 2023 FINANCIAL RESULTS, CAPPING OFF A YEAR OF RECORD ANNUAL ADJUSTED FREE CASH FLOW AND SIGNIFICANT PORTFOLIO TRANSFORMATION
7 Feb 24
Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share.
29 Jan 24
Regal Rexnord Corporation to Host Fourth Quarter 2023 Earnings Conference Call on Thursday, February 8, 2024
12 Jan 24