Regal Rexnord maintained its 2026 adjusted EPS midpoint at $10.60 per share. This figure includes a $0.57 per share benefit from one-time tariff refunds. Excluding this item, the underlying adjusted EPS expectation dropped to $10.03. Management attributed the core reduction to inflation outpacing pricing and delayed productivity savings.
Order momentum remains robust across all three business segments. The company reported a strengthening backlog for 2027, specifically within its AMC and data center businesses.
Engineers Gate Manager LP established a new $11.92 million position in the stock. Conversely, TD Waterhouse Canada Inc. significantly reduced its holdings. Analysts maintain a consensus Moderate Buy rating on the company.