Upcoming Dividend • Jun 25
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 30 June 2026. Payment date: 14 July 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (0.6%). Announcement • 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. Recent Insider Transactions • May 28
Executive VP & CFO recently sold €1.1m worth of stock On the 22nd of May, Robert Rehard sold around 6k shares on-market at roughly €172 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.6m. Robert has been a net seller over the last 12 months, reducing personal holdings by €2.9m. Recent Insider Transactions • May 22
Insider recently sold €1.7m worth of stock On the 14th of May, Jerrald Morton sold around 9k shares on-market at roughly €179 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.6m. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months. Declared Dividend • May 20
First quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 30th June 2026 Payment date: 14th July 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • May 20
CEO & Director recently sold €3.6m worth of stock On the 11th of May, Louis Pinkham sold around 20k shares on-market at roughly €180 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Louis has been a net seller over the last 12 months, reducing personal holdings by €12m. Announcement • 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. Announcement • 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 Announcement • 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 Announcement • 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. Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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 Announcement • 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 Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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 Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: US$1.10 (vs US$2.10 loss in 3Q 2023) Third quarter 2024 results: EPS: US$1.10 (up from US$2.10 loss in 3Q 2023). Revenue: US$1.48b (down 10% from 3Q 2023). Net income: US$72.7m (up US$212.2m from 3Q 2023). Profit margin: 4.9% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • 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. Declared Dividend • Oct 28
Second quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 31st December 2024 Payment date: 14th January 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • 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. Announcement • 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 Upcoming Dividend • Sep 20
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%). Announcement • 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. Declared Dividend • Jul 29
First 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 0.9%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (16% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • 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. Announcement • 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 Announcement • 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. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.089 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.30 (up from US$0.089 loss in 1Q 2023). Revenue: US$1.55b (up 26% from 1Q 2023). Net income: US$19.8m (up US$25.7m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • 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. Declared Dividend • Apr 25
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 0.9%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (16% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • 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. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.9%). Announcement • 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. Reported Earnings • Feb 29
Full year 2023 earnings released: US$0.87 loss per share (vs US$7.33 profit in FY 2022) Full year 2023 results: US$0.87 loss per share (down from US$7.33 profit in FY 2022). Revenue: US$6.25b (up 20% from FY 2022). Net loss: US$57.4m (down 112% from profit in FY 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Feb 08
Full year 2023 earnings released: US$0.87 loss per share (vs US$7.33 profit in FY 2022) Full year 2023 results: US$0.87 loss per share (down from US$7.33 profit in FY 2022). Revenue: US$6.25b (up 20% from FY 2022). Net loss: US$57.4m (down 112% from profit in FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • 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. Declared Dividend • Feb 05
Third quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (16% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Board Change • Feb 01
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. Upcoming Dividend • Dec 21
Upcoming dividend of US$0.35 per share at 1.0% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.9%). Reported Earnings • Nov 02
Third quarter 2023 earnings released: US$2.10 loss per share (vs US$1.81 profit in 3Q 2022) Third quarter 2023 results: US$2.10 loss per share (down from US$1.81 profit in 3Q 2022). Revenue: US$1.65b (up 25% from 3Q 2022). Net loss: US$139.5m (down 216% from profit in 3Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • 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. Announcement • 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 Upcoming Dividend • Sep 21
Upcoming dividend of US$0.35 per share at 0.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.1%). Recent Insider Transactions • Aug 27
VP & Chief Information Officer recently sold €1.2m worth of stock On the 23rd of August, John Avampato sold around 8k shares on-market at roughly €140 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • Aug 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: US$0.48 (vs US$2.13 in 2Q 2022) Second quarter 2023 results: EPS: US$0.48 (down from US$2.13 in 2Q 2022). Revenue: US$1.77b (up 31% from 2Q 2022). Net income: US$32.1m (down 77% from 2Q 2022). Profit margin: 1.8% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • 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. Announcement • 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 Upcoming Dividend • Jun 22
Upcoming dividend of US$0.35 per share at 0.9% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.0%). Announcement • 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 • May 05
First quarter 2023 earnings released: US$0.089 loss per share (vs US$1.86 profit in 1Q 2022) First quarter 2023 results: US$0.089 loss per share (down from US$1.86 profit in 1Q 2022). Revenue: US$1.22b (down 5.7% from 1Q 2022). Net loss: US$5.90m (down 105% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.35 per share at 1.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (1.1%). Reported Earnings • Feb 03
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 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • 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. Announcement • 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. Announcement • 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 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.8%). Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$1.81 (vs US$1.71 in 3Q 2021) Third quarter 2022 results: EPS: US$1.81 (up from US$1.71 in 3Q 2021). Revenue: US$1.33b (up 49% from 3Q 2021). Net income: US$119.8m (up 72% from 3Q 2021). Profit margin: 9.0% (up from 7.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.3%). Reported Earnings • Aug 02
Second quarter 2022 earnings released: EPS: US$2.13 (vs US$1.96 in 2Q 2021) Second quarter 2022 results: EPS: US$2.13 (up from US$1.96 in 2Q 2021). Revenue: US$1.35b (up 52% from 2Q 2021). Net income: US$142.0m (up 78% from 2Q 2021). Profit margin: 11% (up from 9.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 22
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.1%). Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$1.86 (vs US$1.62 in 1Q 2021) First quarter 2022 results: EPS: US$1.86 (up from US$1.62 in 1Q 2021). Revenue: US$1.30b (up 60% from 1Q 2021). Net income: US$125.6m (up 92% from 1Q 2021). Profit margin: 9.7% (up from 8.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new directors Independent Director Ted Crandall was the last director to join the board, commencing their role in 2021. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (0.9%). Reported Earnings • Mar 05
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$4.44 (down from US$4.66 in FY 2020). Revenue: US$3.81b (up 31% from FY 2020). Net income: US$209.9m (up 11% from FY 2020). Profit margin: 5.5% (down from 6.5% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 37%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 22
Independent Director recently sold €113k worth of stock On the 16th of February, Curtis Stoelting sold around 805 shares on-market at roughly €140 per share. In the last 3 months, there was an even bigger sale from another insider worth €309k. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Recent Insider Transactions • Feb 12
Independent Director recently sold €309k worth of stock On the 8th of February, Christopher Doerr sold around 2k shares on-market at roughly €140 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$4.44 (down from US$4.66 in FY 2020). Revenue: US$3.81b (up 31% from FY 2020). Net income: US$209.9m (up 11% from FY 2020). Profit margin: 5.5% (down from 6.5% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 35%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 23
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (0.8%). Announcement • Nov 24
Regal Rexnord Corporation (NYSE:RRX) completed the acquisition of Arrowhead Systems, Inc. Regal Rexnord Corporation (NYSE:RRX) entered into a definitive agreement to acquire Arrowhead Systems, Inc. for approximately $300 million on November 2, 2021. Arrowhead will be included in the Motion Control Solutions (MCS) segment and approximately 300 Arrowhead associates are expected to join Regal Rexnord after the acquisition. The $297 million all-cash transaction, which is subject to customary working capital and other adjustments, has been approved by Regal Rexnord's Board of Directors and is expected to close in the fourth quarter of 2021, subject to customary closing conditions and regulatory approvals. The deal is expected to be immediately accretive on an adjusted EPS Basis. Incentrum Group is serving as financial advisor to Regal Rexnord, and Foley & Lardner LLP is serving as legal counsel.
Regal Rexnord Corporation (NYSE:RRX) completed the acquisition of Arrowhead Systems, Inc. on November 23, 2021. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS US$1.71 (vs US$1.60 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$892.7m (up 18% from 3Q 2020). Net income: US$69.5m (up 6.9% from 3Q 2020). Profit margin: 7.8% (down from 8.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Board Change • Nov 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Theodore Crandall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 01
Upcoming dividend of US$6.99 per share Eligible shareholders must have bought the stock before 05 October 2021. Payment date: 05 October 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.7%). Announcement • Sep 29
Regal Beloit Corporation Announces Special Cash Dividend, Payable on October 5, 2021 Regal Beloit Corporation and Rexnord Corporation announced additional details regarding the anticipated completion of the combination of Regal and the Process & Motion Control ("PMC") Business of Rexnord. In connection with the transaction, Regal is expected to pay to stockholders who held Regal common stock prior to the merger a cash dividend (the "Regal Special Cash Dividend"). As previously disclosed, (a) the record date for the Spin-Off Dividend is the close of business on September 29, 2021 and the payment date is October 4, 2021, subject to satisfaction or waiver of the applicable closing conditions and (b) the record date for the Regal Special Cash Dividend is October 1, 2021 and the payment date is October 5, 2021, subject to satisfaction or waiver of the applicable closing conditions. Regal Special Cash Dividend will be $6.99 per share of Regal common stock outstanding as of the record date for the Regal Special Cash Dividend (or approximately $284 million in the aggregate). Upcoming Dividend • Sep 23
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 30 September 2021. Payment date: 15 October 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.8%). Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS US$1.96 (vs US$0.69 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$886.9m (up 40% from 2Q 2020). Net income: US$79.6m (up 183% from 2Q 2020). Profit margin: 9.0% (up from 4.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Jul 16
Regal Beloit Corporation Introduces Tiered Offering for its Connected Products and Services Powered by Perceptiv™ Intelligence Regal Beloit Corporation announced a new, easier way for users to procure its broad offering of Perceptiv sensors, software and services by bundling them into four tiered, easy-to-understand packages and introducing three service tiers. Now customers with varying degrees of asset monitoring needs will find it easier to match their requirements with Regal® internet of things (IoT) solutions. Regal's extensive IoT offering consists of four classes of connected products and sensors along with three analysis and reporting service packages. These offerings can be customized to meet a wide range of customer needs in almost any industry, including food, beverage, material handling, aggregate and heavy metals. The four classes of connected products and sensors include entry-level asset management services for companies in the early stages of IoT implementation, as well as highly engineered products and services to monitor mission-critical equipment. Asset Management Class: For those in the early stages of IoT implementation; includes the recently launched Regal Tag-It™ program powered by Perceptiv intelligence. Sentry Class: A basic offering with several wireless vibration and temperature sensors, with a patented sensor designed to fit into a bearing Zerk fitting, which delivers visual indications of high temperature. Pro Class: Includes wireless vibration, temperature and electrical current sensors that provide higher- resolution data and early indicators of equipment degradation. Expert Class: Includes highly engineered sensors to measure early failure indicators in rotating machinery such as transient torque, bearing loads, lubrication quality, energy efficiency and infrared thermography. These tools were developed based on the Perceptiv intelligence team's decades of experience in solving complex machinery problems, which gives users a solution that fits their needs and is tailored to their equipment. This class also includes Perceptiv wireless condition monitoring and the System Plast® iCOF® condition monitoring device, which were both introduced last year. Users will also gain access to the knowledge and application expertise of Regal's Perceptiv Connected Services team for complete turnkey support. In addition to the variety of wired and wireless sensors available, customers can now utilize three analysis and reporting services: Basic: Includes time-trend analysis, state-based alerts and a user-friendly dashboard. Standard: Includes time-trend analysis, condition-based alerts, a user-friendly dashboard, remote technical support and quarterly reports generated by an analysis expert. Premium: Includes artificial intelligence (AI) for advanced and automated diagnostics, time-trend analysis, condition-based alerts, a user-friendly dashboard, remote technical support and monthly reports generated by an analysis expert. 
