Annuncio • Jun 02
Regal Rexnord Corporation Announces Management Changes Regal Rexnord Corporation announced the appointment of Mark Klossner as Executive Vice President & President, Industrial Powertrain Solutions (IPS), effective June 1, 2026. He succeeded Jerry Morton, who will retire after 11 years with Regal Rexnord and a 39-year career in the power transmission business, which joined the company's portfolio when it was acquired from Emerson in 2015. Morton has served as Executive Vice President & President, IPS since 2023 and will remain with the company as Executive Vice President until his retirement on December 31, 2026 to help ensure a smooth leadership transition. Klossner joined Regal Rexnord as part of the acquisition of Altra Industrial Motion Corporation in March 2023, serving initially as Senior Vice President & General Manager of the Couplings Division. In June 2024, he was promoted to Group President of the Couplings and Gearing Divisions, an approximately $1.4 billion portfolio spanning five business units. Prior to joining the company, Klossner spent 19 years with Altra Motion where he was the President of Altra's Gearing Division for six years and President of the Altra Couplings Division for seven years. Klossner holds an MBA from the Kellogg School of Management, a Master of Engineering Management from the McCormick School of Engineering at Northwestern University, and a B.S. in Materials Science and Engineering from Cornell University. Annuncio • Apr 29
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on July 14, 2026 Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on April 27, 2026, declared a dividend of $0.35 per share. The dividend is payable on July 14, 2026, to shareholders of record at the close of business on June 30, 2026. Annuncio • Apr 08
Regal Rexnord Corporation to Report Q1, 2026 Results on May 06, 2026 Regal Rexnord Corporation announced that they will report Q1, 2026 results After-Market on May 06, 2026 Annuncio • Mar 19
Regal Rexnord Corporation, Annual General Meeting, Apr 28, 2026 Regal Rexnord Corporation, Annual General Meeting, Apr 28, 2026. Location: 6133 n. river rd, rosemont, ilinois 60018, United States Annuncio • Feb 05
Regal Rexnord Corporation Provides Earnings Guidance for the Full Year 2026 Regal Rexnord Corporation provided earnings guidance for the full year 2026. for the year, the company expects GAAP Diluted Earnings Per Share In a Range Of $5.29 To $6.09. Annuncio • Jan 27
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on April 14, 2026 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on January 26, 2026, declared a dividend of $0.35 per share. The dividend is payable on April 14, 2026, to shareholders of record at the close of business on March 31, 2026. Annuncio • Jan 13
Regal Rexnord Corporation to Report Q4, 2025 Results on Feb 04, 2026 Regal Rexnord Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 04, 2026 Annuncio • Oct 23
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on January 14, 2026 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on October 22, 2025, declared a dividend of $0.35 per share. The dividend is payable on January 14, 2026, to shareholders of record at the close of business on December 31, 2025. The company has paid a dividend every quarter since January 1961. Annuncio • Oct 08
Regal Rexnord Corporation to Report Q3, 2025 Results on Oct 29, 2025 Regal Rexnord Corporation announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Declared Dividend • Aug 20
Second quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 30th September 2025 Payment date: 14th October 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 10%. Annuncio • Aug 08
Regal Rexnord Corporation Announces Executive Changes Regal Rexnord Corporation announced that on August 5, 2025, Kevin Zaba, Executive Vice President & President, Automation & Motion Control, informed the company of his intention to retire, effective December 31, 2025. During a transitional period beginning August 14, 2025 through the Retirement Date, Mr. Zaba will be an Executive Vice President of the Company and will work to ensure a smooth transition to his successor, Kevin Long, who will begin to serve as Executive Vice President & President, Automation & Motion Control on August 14, 2025. Mr. Zaba will continue to receive his regular base salary and participate in the Company’s benefit plans (pursuant to the terms and conditions of such plans) until his Retirement Date and his outstanding equity awards and incentive compensation will continue to be subject to the terms of the applicable Company incentive plans and award agreements. Long brings more than 30 years of experience leading global industrial businesses, with a track record of driving above-market growth, operational excellence, and strategic portfolio development. He joins Regal Rexnord from Dover Corporation, where he spent the past decade – most recently as Group President of OPW, a global business serving the fluid handling, clean energy, cryogenics, and car wash markets. Under his leadership, OPW grew significantly through a combination of organic execution and accretive acquisitions. Prior to Dover, Long held several senior leadership roles at Danaher Corporation over a ten-year period, including general management and global staff roles, where he helped drive growth, operational synergies and global scalability across multiple business units.Long holds both a Bachelor and Master of Science in Mechanical Engineering from The Ohio State University, and an MBA from the Massachusetts Institute of Technology (MIT) Sloan School of Management. Annuncio • Aug 06
Regal Rexnord Corporation Updates Earnings Guidance for the Year 2025 Regal Rexnord Corporation updated earnings guidance for the year 2025. For the period, the company has updated its annual guidance for GAAP diluted earnings per share to a range of $4.50 to $5.10. Annuncio • Jul 22
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on October 14, 2025 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on July 21, 2025, declared a dividend of $0.35 per share. The dividend is payable on October 14, 2025, to shareholders of record at the close of business on September 30, 2025. Annuncio • Jul 08
Regal Rexnord Corporation to Report Q2, 2025 Results on Aug 05, 2025 Regal Rexnord Corporation announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Annuncio • May 14
Regal Rexnord Aerospace Solutions Introduces New Electro-Mechanical Actuator Subsystem Capabilities for Aerospace and Defense Regal Rexnord Aerospace Solutions, enabled by its family of leading brands -- Regal Rexnord Aerospace, Kollmorgen, Portescap, Nook, Thomson, Delevan, and Formsprag -- is advancing the next generation of electro-mechanical actuators purpose-built for the unique requirements of aerospace and defense applications. This strategic, collaborative approach unites deep domain expertise and one of the industry's most comprehensive motion control portfolios to deliver EMA solutions designed for optimal performance, efficiency, and operational versatility. New next generation of electro-me mechanical actuator will be manufactured by Regal Rexnord Aerospace Solutions. For more than 75 years, Regal Rexnord Aerospace solutions has supported flight-critical commercial and military applications with precision engineering and motion control technologies. The company's expanded offering in subsystems leverages the unique strengths of its trusted portfolio, spanning high-performance motors, rotary and oscillatory bearings, dynamic seals, resolvers, magnetics, ball and lead screws, clutches, andbrakes. By uniting these core technologies under a collaborative design model, Regal Rexnord aerospace Solutions is positioned to deliver complete EMA subsystems designed and tested to the most rigorous standards for reliability in extreme environments. Regal Rexnord Aerospace Solution' new EMA capabilities can offer customers these benefits: Seamless Vertical Integration: Solutions are designed and manufactured in-house at one or more of 12 global AS9100-certified facilities, enabling accelerated transitions from prototyping to full-scale production. Performance-Optimized Design: Access to RegalRexnord Aerospace Solutions' comprehensive motion control building blocks streamlines engineering, enabling tailored actuator systems that are positioned to meet stringent aerospace and defense specifications. Supply Chain Simplification: EMA subsystems designed primarily with components from Regal Rexnord Aerospace Services family of brands reduce the need to source and manage components from multiple suppliers, decreasing complexity and accelerating time to market. Reliability in Harsh Environments: Each system will undergo rigorous testing for compliance and durability, enabling mission-critical performance under extreme conditions of shock, vibration, and temperature. Collaborative Application Expertise: Regal Rexnord Aerospace solution' engineering teams engage directly with customers to solve their most complex design challenges, rapidly adapting their proven technologies for unique application requirements across commercial aerospace, defense, and emerging sectors like advanced air mobility and eVTOL. Sustainable Design: Electro-mechanical actuation offers inherent benefits over traditional hydraulic solutions, enabling the conservation of resources through low-weight design, increased reliability, and longer lifetimes. Annuncio • May 06
Regal Rexnord Corporation Revises Earnings Guidance for the Year 2025 Regal Rexnord Corporation revised earnings guidance for the year 2025. Due to a gain on sale of assets in the first quarter of 2025, the Company is updating its annual guidance for 2025 GAAP Diluted Earnings per Share to a range of $4.49 to $5.29. Annuncio • Apr 29
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on July 14, 2025 Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on April 28, 2025, declared a dividend of $0.35 per share. The dividend is payable on July 14, 2025, to shareholders of record at the close of business on June 30, 2025. Annuncio • Apr 08
Regal Rexnord Corporation to Report Q1, 2025 Results on May 05, 2025 Regal Rexnord Corporation announced that they will report Q1, 2025 results After-Market on May 05, 2025 Annuncio • Mar 20
Regal Rexnord Corporation, Annual General Meeting, Apr 29, 2025 Regal Rexnord Corporation, Annual General Meeting, Apr 29, 2025. Location: thefirst floor of 6133 n, river road, rosemont, illinois 60018, United States Annuncio • Feb 18
Regal Rexnord Corporation Announces Board Appointments Regal Rexnord Corporation announced the appointment of two new directors to the Board of Directors, Rashida A. Hodge and Gerben W. Bakker, effective February 17, 2025. The initial terms of Ms. Hodge and Mr. Bakker on the Board will continue until the 2025 annual meeting of shareholders, at which they will both be up for election. Ms. Hodge currently serves as Microsoft's Corporate Vice President of Customer Success – Azure Data and Artificial Intelligence (AI), where she leads the global commercial business, accelerating data-driven digital transformations for customers. Prior to Microsoft, Ms. Hodge was the Global Vice President at IBM, with two decades of experience as a sales and services enterprise leader providing transformative strategies in hardware, software and services, including leading the commercialization of IBM Watson. She also serves on the board of directors of Sonatype, a Vista Equity portfolio company, where she influences the field of software supply chain management and AI governance. Mr. Bakker serves as Chairman, President and Chief Executive Officer of Hubbell Incorporated, an international manufacturer of high quality, reliable electrical and utility solutions for a broad range of customer and end market applications. Prior to this appointment in 2020, he served as Hubbell's Chief Operating Officer as of June 2019, after serving as President of the Power Systems group since 2014. Mr. Bakker began his career with Hubbell in 1988 as a manufacturing engineer with Hubbell Wiring Systems and has held positions of increasing leadership around the world in both Hubbell's utility and electrical segments. The company also announced that Anesa Chaibi is retiring from its Board of Directors, effective February 17, 2025, following her appointment as the Chief Executive Officer of Global Industrial Company. Annuncio • Feb 06
Regal Rexnord Corporation Provides Earnings Guidance for the Year 2025 Regal Rexnord Corporation provided earnings guidance for the year 2025. For the year, the company introducing guidance of GAAP Diluted Earnings per Share in a range of $4.42 to $5.22. Annuncio • Feb 04
Phoenix Investors, LLC acquired 56-acre Multi-building Industrial Campus in West Milwaukee, Wisconsin from Regal Rexnord Corporation (NYSE:RRX). Phoenix Investors, LLC acquired 56-acre Multi-building Industrial Campus in West Milwaukee, Wisconsin from Regal Rexnord Corporation (NYSE:RRX) on February 3, 2025.
Jeff Cartwright, Senior Vice President & Regional Manager of First Financial Bank, provided the senior financing.
Phoenix Investors, LLC completed the acquisition of 56-acre Multi-building Industrial Campus in West Milwaukee, Wisconsin from Regal Rexnord Corporation (NYSE:RRX) on February 3, 2025. Annuncio • Jan 28
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on April 14, 2025 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on January 27, 2025, declared a dividend of $0.35 per share. The dividend is payable on April 14, 2025, to shareholders of record at the close of business on March 31, 2025. Annuncio • Jan 10
Regal Rexnord Corporation to Report Q4, 2024 Results on Feb 05, 2025 Regal Rexnord Corporation announced that they will report Q4, 2024 results After-Market on Feb 05, 2025 Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Mex$3,553, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Electrical industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$4,304 per share. Board Change • Dec 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Mike Doss was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 05
Regal Rexnord Corporation Revises Earnings Guidance for the Year 2024 Regal Rexnord Corporation revised its annual guidance for 2024 GAAP Diluted Earnings per Share to a range of $3.27 to $3.57 from $3.70 to $4.10 previously. The change primarily reflects weaker factory automation demand in the Automation & Motion Control segment and weaker general commercial demand in the Power Efficiency Solutions segment. Annuncio • Oct 25
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on January 14, 2025 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on October 24, 2024, declared a dividend of $0.35 per share. The dividend is payable on January 14, 2025, to shareholders of record at the close of business on December 31, 2024. The company has paid a dividend every quarter since January 1961. Annuncio • Oct 10
Regal Rexnord Corporation to Report Q3, 2024 Results on Nov 04, 2024 Regal Rexnord Corporation announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Declared Dividend • Sep 10
Second quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 0.6%, which is lower than the industry average of 3.1%. Board Change • Sep 10
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Mike Doss was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Aug 01
Regal Rexnord Corporation Revises Earnings Guidance for the Year 2024 Regal Rexnord Corporation revised earnings guidance for the year 2024. The company is updating its annual guidance for 2024 GAAP diluted earnings per share to a range of $3.70 to $4.10 from $3.97 to $4.77 previously. The change primarily reflects a softer second half ramp in the Automation & Motion Control segment versus prior expectations and modestly higher interest costs. Annuncio • Jul 23
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on October 11, 2024 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on July 21, 2024, declared a dividend of $0.35 per share. The dividend is payable on October 11, 2024, to shareholders of record at the close of business on September 27, 2024. Annuncio • Jul 10
Regal Rexnord Corporation to Report Q2, 2024 Results on Jul 31, 2024 Regal Rexnord Corporation announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 31, 2024 Upcoming Dividend • Jun 21
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 28 June 2024. Payment date: 12 July 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Mexican dividend payers (6.5%). Lower than average of industry peers (1.7%). Declared Dividend • May 31
First quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 0.7%, which is lower than the industry average of 3.1%. Board Change • May 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Mike Doss was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 08
Regal Rexnord Corporation Provides Earnings Guidance for the Year 2024 Regal Rexnord Corporation provided earnings guidance for the year 2024. For the year, the company is updating its annual guidance for 2024 GAAP Diluted Earnings per Share to a range of $3.97 to $4.77. Annuncio • May 01
WEG S.A. (BOVESPA:WEGE3) acquired Industrial Motors and Generators businesses from Regal Rexnord Corporation (NYSE:RRX). WEG S.A. (BOVESPA:WEGE3) entered into a definitive agreement to acquire Industrial Motors and Generators businesses from Regal Rexnord Corporation (NYSE:RRX) for $400 million on September 23, 2023. The $400 million of consideration will be on a cash and debt free basis, and paid in cash. Net proceeds from the transaction will be used to reduce our debt. The transaction includes the acquisition of 10 manufacturing sites in 7 countries (United States, Mexico, China, India, Italy, Netherlands and Canada), plus commercial branches in 11 countries, and a team of approximately 2,800 employees worldwide.
The closing of the transaction, which is subject to obtaining required regulatory approvals and meeting customary closing conditions, is expected to occur in the first half of 2024. As of September 27, 2023, the transaction is subject to approval from governmental authorities in several jurisdictions and is expected to close in the second half of 2024. As of November 3, 2023, transaction is expected to close in the first half of 2024.
Guggenheim Securities, LLC is serving as financial advisor to Regal Rexnord, and Godfrey & Kahn, S.C. is serving as legal counsel. S. Wade Angus and Artur L. Badra of Jones Day acted as legal advisor to WEG S.A. and Simone Wetzstein of Walder Wyss acted as legal advisors to WEG S.A. in the transaction. Vaidhyanadhan Iyer and Jeet Chaudhuri of AZB & Partners acted as legal advisors to WEG S.A.
WEG S.A. (BOVESPA:WEGE3) completed the acquisition of Industrial Motors and Generators businesses from Regal Rexnord Corporation (NYSE:RRX) on April 30, 2024. Annuncio • Apr 23
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on July 12, 2024 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on April 22, 2024, declared a quarterly dividend of $0.35 per share. The dividend is payable on July 12, 2024, to shareholders of record at the close of business on June 28, 2024. Annuncio • Mar 14
Regal Rexnord Corporation, Annual General Meeting, Apr 23, 2024 Regal Rexnord Corporation, Annual General Meeting, Apr 23, 2024, at 08:00 Central Daylight. Location: Chicago Marriott Suites O'Hare 6155 N. River Road Illinois United States Agenda: To elect ten directors for terms expiring at the 2025 Annual Meeting of Shareholders; to consider a shareholder advisory vote on the compensation of named executive officers as disclosed in the accompanying proxy statement; to ratify the selection of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2024 and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof. Annuncio • Feb 08
Regal Rexnord Corporation Provides Earnings Guidance for the Year 2024 Regal Rexnord Corporation provided earnings guidance for the year 2024. The Company's annual guidance for 2024 GAAP Diluted Earnings per Share in a range of $4.58 to $5.38. Annuncio • Oct 28
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on January 12, 2024 Regal Rexnord Corporation announced that the board of directors, at its regular quarterly meeting held on October 27, 2023, declared a dividend of $0.35 per share. The dividend is payable on January 12, 2024, to shareholders of record at the close of business on December 29, 2023. The company has paid a dividend every quarter since January 1961. Annuncio • Oct 10
Regal Rexnord Corporation to Report Q3, 2023 Results on Nov 01, 2023 Regal Rexnord Corporation announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 Annuncio • Jul 25
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on October 13, 2023 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on July 24, 2023, declared a dividend of $0.35 per share. The dividend is payable on October 13, 2023, to shareholders of record at the close of business on September 29, 2023. Annuncio • Jul 12
Regal Rexnord Corporation to Report Q2, 2023 Results on Jul 31, 2023 Regal Rexnord Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 31, 2023 Annuncio • May 06
Regal Rexnord Corporation Provides Earnings Guidance for the Year 2023 Regal Rexnord Corporation provided earnings guidance for the year 2023. For the year, the company expects GAAP Diluted EPS In A Range Of $2.74 To $3.64 compared to $5.64 to $6.44 previously. Reported Earnings • Feb 04
Full year 2022 earnings released: EPS: US$7.33 (vs US$4.44 in FY 2021) Full year 2022 results: EPS: US$7.33 (up from US$4.44 in FY 2021). Revenue: US$5.22b (up 37% from FY 2021). Net income: US$488.9m (up 133% from FY 2021). Profit margin: 9.4% (up from 5.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Global Electrical industry. Annuncio • Feb 02
Regal Rexnord Corporation Provides Earnings Guidance for the Full Year 2023 Regal Rexnord Corporation provided earnings guidance for the full year 2023. For the period, the company expected organic revenue to be slightly down at the mid-point of its range for 2023. The company is introducing 2023 annual guidance for GAAP diluted earnings per share in a range of $5.64 to $6.44. Annuncio • Jan 24
Regal Rexnord Corporation Declares Quarterly Dividend, Payable on April 14, 2023 Regal Rexnord Corporation announced that the Board of Directors, at its regular quarterly meeting held on January 23, 2023, declared a dividend of $0.35 per share. The dividend is payable on April 14, 2023, to shareholders of record at the close of business on March 31, 2023. Annuncio • Jan 17
Regal Rexnord Corporation to Report Q4, 2022 Results on Feb 01, 2023 Regal Rexnord Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 01, 2023