Welcome to our dedicated page for Regal Rexnord news (Ticker: RRX), a resource for investors and traders seeking the latest updates and insights on Regal Rexnord stock.
Regal Rexnord Corp (RRX) delivers engineered solutions powering industrial, commercial, and residential systems worldwide. This news hub provides investors and industry professionals with authoritative updates on the company’s latest developments.
Track official press releases covering financial results, strategic partnerships, and product innovations across power transmission, motion control, and HVAC technologies. Our curated collection ensures timely access to material announcements while maintaining compliance with financial disclosure standards.
Key updates include earnings reports, manufacturing advancements, and market expansion initiatives that demonstrate RRX’s leadership in energy-efficient industrial solutions. Content is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for streamlined access to Regal Rexnord’s evolving role in automation, climate control systems, and industrial powertrain solutions. Check regularly for updates reflecting the company’s global impact across critical infrastructure sectors.
Regal Rexnord Corporation (NYSE: RRX) announced on April 24, 2023, that its Board of Directors declared a quarterly dividend of $0.35 per share. This dividend will be payable on July 14, 2023, to shareholders recorded by the close of business on June 30, 2023. Regal Rexnord has consistently paid dividends since January 1961, showcasing its commitment to shareholder returns. The company specializes in factory automation systems, industrial powertrain solutions, and energy-efficient products through its four operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, Automation & Motion Control, and Industrial Systems. Headquartered in Beloit, Wisconsin, Regal Rexnord has a global reach with manufacturing and service facilities worldwide.
Regal Rexnord Corporation (NYSE: RRX) is set to release its Q1 2023 financial results on May 4, 2023, after market close.
The company will present the results during a conference call scheduled for 9:00 am CT (10:00 am ET) on May 5, 2023. Interested parties can access the call via the Regal Rexnord Investor website or by phone.
This earnings call will provide insights into Regal Rexnord's performance across its segments, which include Industrial Powertrain Solutions, Power Efficiency Solutions, Automation & Motion Control, and Industrial Systems. The company is recognized for its commitment to energy-efficient solutions.
On March 27, 2023, Regal Rexnord completed its acquisition of Altra Industrial Motion for $4.95 billion, enhancing its automation portfolio and positioning it for accelerated growth. The merger is expected to generate $160 million in annual cost synergies by year four and is aimed at achieving a net debt/EBITDA ratio below 2.5x by 2025. Regal Rexnord anticipates significant revenue growth in secular markets, with pro forma revenue projections reaching $8.3 billion by 2025 and adjusted EPS of ~$18. The company aims for an adjusted gross margin of ~40% in 2025, up from 33% in 2022, driven by improved product mix and operational efficiencies.
FAQ
What is the current stock price of Regal Rexnord (RRX)?
What is the market cap of Regal Rexnord (RRX)?
