VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 2,450 RBC Bearings Incorporated $RBC

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in RBC Bearings Incorporated (NYSE:RBC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,450 shares of the industrial products company’s stock, valued at approximately $1,099,000.

Other institutional investors also recently modified their holdings of the company. Advisors Asset Management Inc. bought a new position in shares of RBC Bearings in the first quarter valued at $26,000. SBI Securities Co. Ltd. increased its holdings in shares of RBC Bearings by 106.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 64 shares of the industrial products company’s stock valued at $29,000 after buying an additional 33 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of RBC Bearings by 148.5% in the third quarter. Larson Financial Group LLC now owns 82 shares of the industrial products company’s stock valued at $32,000 after buying an additional 49 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of RBC Bearings in the fourth quarter valued at $35,000. Finally, Root Financial Partners LLC bought a new position in shares of RBC Bearings in the third quarter valued at $36,000.

More RBC Bearings News

Here are the key news stories impacting RBC Bearings this week:

• Positive Sentiment: RBC Bearings beat quarterly earnings and revenue estimates, with especially strong growth in aerospace and defense sales, which is supporting investor optimism. RBC Bearings Incorporated Announces Fiscal Fourth Quarter and Full Year 2026 Results
• Positive Sentiment: The company issued first-quarter FY2027 revenue guidance of $500 million to $510 million, above the market’s expectation of about $497.3 million, suggesting management sees continued demand momentum. RBC Bearings forecasts $500m-$510m Q1 FY2027 revenue while targeting marine revenue doubling in 24-36 months
• Positive Sentiment: Management said it is targeting a doubling of marine revenue over the next 24–36 months, pointing to a longer-term growth opportunity beyond the current quarter. RBC Bearings forecasts $500m-$510m Q1 FY2027 revenue while targeting marine revenue doubling in 24-36 months

RBC Bearings Trading Down 6.8%

NYSE RBC opened at $570.05 on Friday. RBC Bearings Incorporated has a twelve month low of $350.58 and a twelve month high of $632.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.67 and a current ratio of 1.86. The stock has a market cap of $18.02 billion, a price-to-earnings ratio of 62.71, a PEG ratio of 2.72 and a beta of 1.47. The firm’s 50 day moving average price is $573.65 and its two-hundred day moving average price is $512.45.

RBC Bearings (NYSE:RBC) last posted its quarterly earnings results on Friday, May 15th. The industrial products company reported $3.62 EPS for the quarter, beating the consensus estimate of $3.31 by $0.31. RBC Bearings had a net margin of 15.00% and a return on equity of 10.86%. The business had revenue of $518.00 million for the quarter, compared to analysts’ expectations of $505.90 million. During the same period in the previous year, the company posted $2.83 EPS. RBC Bearings’s revenue was up 18.3% on a year-over-year basis. Equities analysts anticipate that RBC Bearings Incorporated will post 13.64 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $600.00 price target on shares of RBC Bearings in a report on Friday, February 6th. Zacks Research raised RBC Bearings from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. KeyCorp upped their price target on RBC Bearings from $595.00 to $680.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Truist Financial raised RBC Bearings to a “strong-buy” rating in a report on Friday, May 1st. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $542.00 price objective on shares of RBC Bearings in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $574.67.

RBC Bearings Profile

RBC Bearings Incorporated is a global designer, manufacturer and marketer of highly engineered precision bearings and components for extreme applications. The company’s product portfolio includes cylindrical roller bearings, spherical plain bearings, ball bearings, track rollers, and engineered components such as metal-to-metal and polymer bearings. These products are tailored to meet the demanding requirements of aerospace, defense and industrial customers where reliability under severe conditions is critical.

The company’s bearings and components find application in aircraft engines, auxiliary power units, landing gear systems, space and missile programs, industrial gas turbines, oil and gas drilling equipment, and heavy machinery.