RBC Bearings Incorporated (NYSE:RBC) Receives $425.17 Consensus Target Price from Analysts

RBC Bearings Incorporated (NYSE:RBCGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $425.1667.

A number of research firms have weighed in on RBC. KeyCorp raised their price objective on shares of RBC Bearings from $405.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. The Goldman Sachs Group raised their price objective on shares of RBC Bearings from $375.00 to $416.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of RBC Bearings in a research note on Wednesday, July 16th. They set a “buy” rating and a $480.00 price objective for the company. Zacks Research upgraded shares of RBC Bearings from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 13th. Finally, Truist Financial boosted their price objective on shares of RBC Bearings from $431.00 to $455.00 and gave the company a “buy” rating in a report on Monday, August 4th.

Get Our Latest Stock Analysis on RBC

RBC Bearings Stock Up 0.0%

NYSE:RBC opened at $383.64 on Friday. The firm has a market cap of $12.11 billion, a P/E ratio of 48.32, a P/E/G ratio of 2.97 and a beta of 1.73. 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 has a fifty-two week low of $272.50 and a fifty-two week high of $416.33. The firm has a 50-day simple moving average of $391.46 and a two-hundred day simple moving average of $366.04.

RBC Bearings (NYSE:RBCGet Free Report) last released its quarterly earnings data on Friday, August 1st. The industrial products company reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $0.10. The business had revenue of $436.00 million during the quarter, compared to analyst estimates of $432.63 million. RBC Bearings had a net margin of 15.20% and a return on equity of 10.14%. RBC Bearings’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business earned $2.54 EPS. RBC Bearings has set its Q2 2026 guidance at EPS. Analysts predict that RBC Bearings will post 9.16 earnings per share for the current fiscal year.

Insider Buying and Selling at RBC Bearings

In other news, COO Daniel A. Bergeron sold 48,743 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $402.75, for a total transaction of $19,631,243.25. Following the completion of the transaction, the chief operating officer directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in RBC. Deutsche Bank AG raised its holdings in shares of RBC Bearings by 2.9% during the fourth quarter. Deutsche Bank AG now owns 1,768 shares of the industrial products company’s stock valued at $529,000 after purchasing an additional 49 shares during the last quarter. ProShare Advisors LLC raised its stake in RBC Bearings by 15.5% during the fourth quarter. ProShare Advisors LLC now owns 1,462 shares of the industrial products company’s stock valued at $437,000 after purchasing an additional 196 shares in the last quarter. Rafferty Asset Management LLC raised its stake in shares of RBC Bearings by 6.4% in the fourth quarter. Rafferty Asset Management LLC now owns 713 shares of the industrial products company’s stock valued at $213,000 after acquiring an additional 43 shares during the period. Squarepoint Ops LLC raised its stake in shares of RBC Bearings by 103.6% in the fourth quarter. Squarepoint Ops LLC now owns 2,293 shares of the industrial products company’s stock valued at $686,000 after acquiring an additional 1,167 shares during the period. Finally, Vident Advisory LLC purchased a new stake in shares of RBC Bearings in the fourth quarter valued at $270,000.

RBC Bearings Company Profile

(Get Free Report)

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.

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Analyst Recommendations for RBC Bearings (NYSE:RBC)

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