SCHEDULE 13G/A: BlackRock Discloses 9.7% Passive Stake in Regal Rexnord Corp

BlackRock, Inc. has filed an amended Schedule 13G, reporting a passive beneficial ownership of 9.7% in Regal Rexnord Corp's common stock as of December 31, 2024.

Summary

• BlackRock, Inc. filed an Amendment No. 16 to Schedule 13G regarding its beneficial ownership in Regal Rexnord Corp.
• As of December 31, 2024, BlackRock, Inc. beneficially owns an aggregate of 6,416,307 shares of Regal Rexnord Corp's Common Stock.
• This ownership represents 9.7% of the class of securities.
• BlackRock, Inc. holds sole voting power over 6,207,986 shares and sole dispositive power over 6,416,307 shares.
• No shared voting or dispositive power is reported.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• BlackRock, Inc. is classified as a Parent Holding Company (HC) for this filing.
• BlackRock Fund Advisors is specifically noted as an entity within BlackRock, Inc. that beneficially owns 5% or greater of the outstanding shares of Regal Rexnord Corp.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or prospects. It is a neutral regulatory filing.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Regal Rexnord Corp's future outlook.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing is a routine disclosure of a significant passive ownership stake by a major institutional investor (BlackRock) in an industrial company (Regal Rexnord Corp). It does not provide specific industry trends or competitive analysis for Regal Rexnord Corp, but rather reflects BlackRock's investment allocation.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake, which can influence market perception and liquidity.

Key Dates

Keywords

BlackRock, Regal Rexnord Corp, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Passive Investment, SEC Filing