SCHEDULE 13G/A: BlackRock Amends Stake in Regal Rexnord Corp, Disclosing 8.7% Beneficial Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an Amendment No. 17 to its Schedule 13G, reporting a beneficial ownership of 8.7% in Regal Rexnord Corp's common stock as of March 31, 2025.
Summary
- BlackRock, Inc. has filed an Amendment No. 17 to its Schedule 13G, indicating its beneficial ownership in Regal Rexnord Corp.
- As of March 31, 2025, BlackRock, Inc. beneficially owns 5,757,033 shares of Regal Rexnord Corp's common stock.
- This aggregate amount represents 8.7% of the class of common stock outstanding.
- BlackRock, Inc. holds sole voting power over 5,555,678 shares and sole dispositive power over 5,757,033 shares.
- No shared voting or dispositive power is reported.
- The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Regal Rexnord Corp.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without indicating positive or negative performance or outlook for the issuer.
Positives
- The filing provides transparency regarding a significant institutional investor's stake in Regal Rexnord Corp.
- BlackRock's continued holding of a substantial stake indicates ongoing institutional interest in the company.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a routine disclosure by a large institutional investor, BlackRock, Inc., detailing its passive ownership stake in Regal Rexnord Corp. Such filings are common for investment firms that hold more than 5% of a company's shares for investment purposes, rather than to influence control. It provides transparency to the market regarding significant institutional holdings, which can be a factor in investor sentiment and liquidity.
Stakeholder Impact
- Shareholders: Provides transparency regarding a major institutional investor's stake, potentially influencing market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| 03/31/2025 | Date of event which requires the filing of this statement, reflecting the beneficial ownership percentage. |
| 04/24/2025 | Date the Schedule 13G Amendment No. 17 was signed by BlackRock, Inc. |
| 04/30/2023 | Date of the previously revoked Power of Attorney for BlackRock, Inc. |
Keywords
BlackRock, Regal Rexnord Corp, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Ownership Disclosure
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