DA Davidson Reiterates Buy Rating for Regal Rexnord
DA Davidson has reaffirmed its buy rating for Regal Rexnord with a new price target.
Key Points
- DA Davidson reiterated its buy rating on Regal Rexnord Corporation (NYSE:RRX) with a $260 price target on June 16, 2026.
- Shares of Regal Rexnord traded at $218.85 with a market cap of $14.57 billion and a P/E ratio of 51.01.
- Insider Mark Klossner bought 1,484 shares on June 1, 2026, while CEO Louis Pinkham sold 16,924 shares on May 11, 2026.
DA Davidson reiterated its buy rating on Regal Rexnord Corporation (NYSE:RRX) on June 16, 2026, setting a price target of $260. Analyst Chris Dankert believes in the company's potential, maintaining optimism about its future performance.
Regal Rexnord Stock Snapshot
Shares of Regal Rexnord Corporation, trading on the NYSE under the ticker RRX, were recently priced at $218.85. The company boasts a market capitalization of approximately $14.57 billion. It has a P/E ratio of 51.01 and a forward P/E of 16.18, reflecting investor expectations for future earnings growth. The stock has experienced a 52-week range between $127.96 and $236.35, with a 50-day moving average of $206.72 and a 200-day moving average of $172.32.
Recent Earnings
Regal Rexnord reported revenues of about $5.99 billion, reflecting a growth rate of 4.3%. The company achieved an earnings per share (EPS) of $4.29, with a net margin of 4.78% and a return on equity (ROE) of 4.34%. The next earnings report is anticipated on August 4, 2026.
Dividend
Regal Rexnord offers an annual dividend rate of $1.40, yielding 0.64%. The dividend payout ratio stands at 32.56%, indicating a balanced approach to returning profits to shareholders while retaining earnings for growth.
Insider Buying and Selling at Regal Rexnord Corporation
On June 1, 2026, Mark Klossner, Executive Vice President and President of IPS, purchased 1,484 shares at an average price of $202.09. In contrast, CEO Louis Pinkham sold 16,924 shares on May 11, 2026, at an average price of $211.33. These transactions provide insight into management's stock activity, though they do not necessarily indicate future performance.
Analysts Set New Price Targets
On June 16, 2026, DA Davidson initiated coverage of Regal Rexnord with a buy rating and a $260 price target. Previously, JP Morgan maintained its buy rating with a $240 target on May 26, 2026. Keybanc also maintained a buy rating on May 7, 2026, with a target price of $265. Overall, the analyst consensus remains positive, with a mean target price of $251.56 among nine analysts.
About Regal Rexnord Corporation
Regal Rexnord Corporation, based in Milwaukee, Wisconsin, specializes in providing sustainable solutions for power, transmission, and control motion products globally. The company operates through segments like Automation & Motion Control, Industrial Powertrain Solutions, and Power Efficiency Solutions. With a workforce of 30,000 employees, Regal Rexnord serves industries such as factory automation, aerospace, and commercial HVAC.
Bottom Line
DA Davidson's reiteration of a buy rating for Regal Rexnord reflects confidence in its strategic direction and market position. With a solid market cap and consistent revenue growth, the company remains attractive to investors. However, as with all 13F filings and analyst reports, these insights are historical and may not reflect the current market sentiment or future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
