Strs Ohio Buys New Holdings in RBC Bearings Incorporated $RBC

Strs Ohio bought a new stake in RBC Bearings Incorporated (NYSE:RBC) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,071 shares of the industrial products company’s stock, valued at approximately $1,632,000.

Several other hedge funds have also bought and sold shares of the company. Rafferty Asset Management LLC lifted its stake in RBC Bearings by 6.4% in the 4th quarter. Rafferty Asset Management LLC now owns 713 shares of the industrial products company’s stock valued at $213,000 after purchasing an additional 43 shares during the last quarter. First Bank & Trust lifted its position in RBC Bearings by 2.1% during the first quarter. First Bank & Trust now owns 2,165 shares of the industrial products company’s stock worth $697,000 after acquiring an additional 44 shares during the last quarter. Deutsche Bank AG lifted its position in RBC Bearings by 2.9% during the fourth quarter. Deutsche Bank AG now owns 1,768 shares of the industrial products company’s stock worth $529,000 after acquiring an additional 49 shares during the last quarter. Xponance Inc. lifted its position in RBC Bearings by 1.5% during the first quarter. Xponance Inc. now owns 3,491 shares of the industrial products company’s stock worth $1,123,000 after acquiring an additional 51 shares during the last quarter. Finally, Vista Finance LLC lifted its position in RBC Bearings by 6.9% during the first quarter. Vista Finance LLC now owns 879 shares of the industrial products company’s stock worth $283,000 after acquiring an additional 57 shares during the last quarter.

RBC Bearings Stock Performance

NYSE RBC opened at $378.78 on Wednesday. The firm’s fifty day moving average price is $391.03 and its two-hundred day moving average price is $365.02. The stock has a market cap of $11.95 billion, a PE ratio of 47.71, a PEG ratio of 2.96 and a beta of 1.73. RBC Bearings Incorporated has a fifty-two week low of $272.50 and a fifty-two week high of $416.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.33 and a current ratio of 3.33.

RBC Bearings (NYSE:RBC) last issued its quarterly earnings data on Friday, August 1st. The industrial products company reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.10. RBC Bearings had a net margin of 15.20% and a return on equity of 10.14%. The company had revenue of $436.00 million for the quarter, compared to analysts’ expectations of $432.63 million. During the same quarter in the previous year, the firm posted $2.54 earnings per share. RBC Bearings’s revenue for the quarter was up 7.3% on a year-over-year basis. RBC Bearings has set its Q2 2026 guidance at EPS. On average, equities analysts expect that RBC Bearings Incorporated will post 9.16 EPS for the current fiscal year.

Insider Buying and Selling at RBC Bearings

In related news, COO Daniel A. Bergeron sold 48,743 shares of the business’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $402.75, for a total value of $19,631,243.25. Following the sale, the chief operating officer owned 111,134 shares of the company’s stock, valued at $44,759,218.50. The trade was a 30.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on RBC shares. Morgan Stanley restated an “overweight” rating and set a $415.00 price objective (up from $390.00) on shares of RBC Bearings in a research report on Tuesday, May 20th. KeyCorp lifted their price target on shares of RBC Bearings from $405.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of RBC Bearings in a research report on Wednesday, July 16th. They issued a “buy” rating and a $480.00 price target for the company. Truist Financial lifted their price target on shares of RBC Bearings from $431.00 to $455.00 and gave the company a “buy” rating in a research report on Monday, August 4th. Finally, The Goldman Sachs Group lifted their price target on shares of RBC Bearings from $375.00 to $416.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $425.17.

RBC Bearings Company Profile

RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.