RBC Bearings Incorporated $RBC Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its stake in shares of RBC Bearings Incorporated (NYSE:RBC) by 46.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 191 shares of the industrial products company’s stock after selling 165 shares during the period. Farther Finance Advisors LLC’s holdings in RBC Bearings were worth $73,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. First Bank & Trust lifted its position in shares of RBC Bearings by 2.1% during the 1st quarter. First Bank & Trust now owns 2,165 shares of the industrial products company’s stock valued at $697,000 after acquiring an additional 44 shares during the period. Xponance Inc. lifted its stake in RBC Bearings by 1.5% in the 1st quarter. Xponance Inc. now owns 3,491 shares of the industrial products company’s stock valued at $1,123,000 after buying an additional 51 shares in the last quarter. Harbor Investment Advisory LLC lifted its stake in RBC Bearings by 19.8% in the 2nd quarter. Harbor Investment Advisory LLC now owns 327 shares of the industrial products company’s stock valued at $126,000 after buying an additional 54 shares in the last quarter. Vista Finance LLC lifted its stake in RBC Bearings by 6.9% in the 1st quarter. Vista Finance LLC now owns 879 shares of the industrial products company’s stock valued at $283,000 after buying an additional 57 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in RBC Bearings by 109.3% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 113 shares of the industrial products company’s stock valued at $36,000 after buying an additional 59 shares in the last quarter.

Insiders Place Their Bets

In other news, COO Daniel A. Bergeron sold 48,743 shares of the company’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $402.75, for a total transaction of $19,631,243.25. Following the completion of the sale, the chief operating officer directly owned 111,134 shares in the company, valued at $44,759,218.50. This represents a 30.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP John J. Feeney sold 105 shares of the company’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $382.83, for a total value of $40,197.15. Following the sale, the vice president owned 2,666 shares of the company’s stock, valued at approximately $1,020,624.78. The trade was a 3.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on RBC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RBC Bearings in a research note on Saturday, September 27th. Zacks Research raised RBC Bearings from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft began coverage on RBC Bearings in a research note on Wednesday, July 16th. They issued a “buy” rating and a $480.00 target price on the stock. The Goldman Sachs Group upped their target price on RBC Bearings from $375.00 to $416.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Finally, KeyCorp upped their target price on RBC Bearings from $405.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, RBC Bearings currently has an average rating of “Moderate Buy” and an average target price of $425.17.

RBC Bearings Trading Down 0.3%

Shares of RBC Bearings stock opened at $373.94 on Monday. The firm has a market cap of $11.80 billion, a PE ratio of 47.10, a P/E/G ratio of 2.90 and a beta of 1.71. The company has a quick ratio of 1.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average is $389.79 and its two-hundred day moving average is $368.66. RBC Bearings Incorporated has a fifty-two week low of $272.50 and a fifty-two week high of $416.33.

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

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.