Regal Rexnord Corp Stock Price, News & Analysis

Regal Rexnord Corporation (NYSE: RRX) reported a strong fourth quarter for 2021, achieving a 56% increase in sales compared to the previous year and 11% organic growth. Daily orders rose 32% in Q4 and approximately 24% in January. Adjusted EBITDA margin improved by 140 basis points to 18.7%, with adjusted diluted EPS at $2.14, slightly above guidance. For 2022, the company raised its adjusted EPS guidance to $10.00-$10.60 and GAAP EPS guidance to $6.95-$7.55. CEO Louis Pinkham highlighted successful integration efforts following recent acquisitions, despite facing inflationary pressures.

Regal Rexnord Corporation (NYSE: RRX) announced a quarterly dividend of $0.33 per share, payable on April 14, 2022, to shareholders on record by March 31, 2022. The company has maintained a consistent dividend payment since January 1961. Regal Rexnord, a global leader in industrial powertrain solutions, focuses on energy-efficient products across four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems. The CEO emphasized the company's commitment to technology leadership and sustainable practices.

Regal Rexnord Corporation (NYSE: RRX) will release its fourth quarter 2021 financial results after market close on February 2, 2022. A conference call is scheduled for February 3, 2022, at 9:00 am CT to discuss these results. Interested parties can access the call via the company's Investors website or by phone. Regal Rexnord is a leader in manufacturing industrial powertrain solutions and aims to produce energy-efficient products, contributing to a sustainable future.

Regal Rexnord Corporation (NYSE: RRX) announced a shift in its corporate charitable giving strategy, moving towards a more decentralized model in 2021. Associates across four segments now take primary responsibility for selecting charities, with a focus on geographic diversity reflecting the communities where they live and work. CEO Louis Pinkham stated that these efforts aim to align with the company’s values and support international communities. This initiative marks a significant change from the previous, U.S.-centric approach.

Regal Rexnord Corporation (NYSE: RRX) has successfully acquired Arrowhead Systems for $297 million in cash. This acquisition supports Regal Rexnord's strategy of enhancing growth and margins through Arrowhead's advanced automation and palletizer solutions, which meet increasing consumer demand for eco-friendly packaging. The deal is expected to generate $12 million in synergies and an ROIC exceeding 10% by year five. Arrowhead will operate under Regal Rexnord's Motion Control Solutions segment, aligning with their focus on industrial automation.

Regal Rexnord Corporation (NYSE: RRX) reported robust Q3 2021 results, with an 18% sales increase year-over-year, achieving a record adjusted operating margin of 14.2%. Adjusted diluted EPS rose 36% to $2.36. The company successfully completed the acquisition of Arrowhead Systems for $297 million, anticipated to enhance growth prospects. Daily orders increased by 27% in Q3. Guidance for Q4 includes adjusted diluted EPS between $1.97 to $2.27, reflecting continued positive momentum despite supply chain challenges.

Regal Rexnord Corporation (NYSE: RRX) declared a quarterly dividend of $0.33 per share during its Board of Directors meeting on October 26, 2021. This dividend is payable on January 14, 2022, to shareholders on record by December 31, 2021. The company has maintained a consistent dividend payout since January 1961, highlighting its commitment to shareholder returns. Regal Rexnord is a leader in industrial powertrain solutions and operates four main segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems.

Regal Rexnord Corporation (NYSE: RRX) will release its third quarter 2021 financial results on November 1, 2021, after market close. A conference call is scheduled for November 2, 2021, at 9:00 am CST to discuss the results. Interested parties can access the call via Regal Rexnord's Investors website or by phone. A replay will be available for three months post-call.

Regal Rexnord Corporation announced the completion of its merger with Rexnord Corporation's Process & Motion Control Business, enhancing its industrial power transmission capabilities. The merger, effective October 5, 2021, positions Regal to realize significant synergies, projected at $120 million over three years, and aims for adjusted EBITDA exceeding $1 billion for 2022. Regal will now focus on energy-efficient products, benefiting from a broader market reach and enhanced digital capabilities. Shareholders will receive a special cash dividend of $6.99 per share, amounting to approximately $284 million.