Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and transmission products worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, distributed energy, microgrid, rental marine, agriculture, healthcare, mobile, and defense markets; and switchgear for healthcare, government, and waste water applications, as well as residential, commercial, and industrial applications. The Climate Solutions segment provides fractional motors, electronic variable speed controls, and blowers for use in a residential and light commercial air moving applications; and fractional horsepower motors and blowers for white goods, water heating equipment, small pumps, compressors, and fans. The Power Transmission Solutions segment offers bearings; conveyors; disc, diaphragms, gear and flexible couplings, transmission elements, gears, grids, jaws, elastomers, and disc couplings; mechanical power transmission drives and components; and worm gearing, shaft configuration, helical offset, concentric and right angle, bevel and miter gearing, and spur gearing products, as well as modular plastic belts, conveying chains, and hydraulic pump drives. This segment serves beverage, bulk handling, metal, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly to original equipment manufacturers and end-users through a network of direct and independent sales representatives, and distributors. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.
IPO Year: 1976
Exchange: NYSE
Website: regalbeloit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $215.00 | Buy | Jefferies |
| 10/14/2024 | $200.00 | Buy | Citigroup |
| 6/28/2024 | Mkt Perform | Raymond James | |
| 12/11/2023 | $151.00 | Peer Perform → Outperform | Wolfe Research |
| 12/1/2022 | Outperform → Peer Perform | Wolfe Research | |
| 1/4/2022 | $200.00 → $204.00 | Overweight | Barclays |
| 12/16/2021 | $200.00 | Overweight | Barclays |
| 11/19/2021 | $185.00 → $200.00 | Overweight | Keybanc |
| 11/3/2021 | $175.00 → $193.00 | Outperform | Oppenheimer |
Jefferies initiated coverage of Regal Rexnord with a rating of Buy and set a new price target of $215.00
Citigroup initiated coverage of Regal Rexnord with a rating of Buy and set a new price target of $200.00
Raymond James initiated coverage of Regal Rexnord with a rating of Mkt Perform
Wolfe Research upgraded Regal Rexnord from Peer Perform to Outperform and set a new price target of $151.00
Wolfe Research downgraded Regal Rexnord from Outperform to Peer Perform
Barclays reiterated coverage of Regal Rexnord with a rating of Overweight and set a new price target of $204.00 from $200.00 previously
Barclays resumed coverage of Regal Rexnord with a rating of Overweight and set a new price target of $200.00
Keybanc reiterated coverage of Regal Rexnord with a rating of Overweight and set a new price target of $200.00 from $185.00 previously
Oppenheimer reiterated coverage of Regal Rexnord with a rating of Outperform and set a new price target of $193.00 from $175.00 previously