Meeder Advisory Services Inc. Acquires Shares of 1,302 RBC Bearings Incorporated $ROLL

Meeder Advisory Services Inc. bought a new stake in RBC Bearings Incorporated (NASDAQ:ROLL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,302 shares of the company’s stock, valued at approximately $839,000.

A number of other large investors have also recently made changes to their positions in ROLL. BlackRock Inc. acquired a new position in RBC Bearings in the second quarter valued at $1,962,222,000. Bank of New York Mellon Corp purchased a new stake in shares of RBC Bearings in the second quarter valued at about $112,479,000. Deutsche Bank AG acquired a new stake in shares of RBC Bearings during the second quarter worth about $48,927,000. TimesSquare Capital Management LLC acquired a new stake in shares of RBC Bearings during the second quarter worth about $40,908,000. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of RBC Bearings during the second quarter worth about $2,049,000.

RBC Bearings Stock Performance

Shares of ROLL opened at $545.65 on Thursday. The stock has a market capitalization of $15.79 billion, a P/E ratio of 264.88 and a beta of 1.34. RBC Bearings Incorporated has a 1 year low of $152.90 and a 1 year high of $264.94. The company’s fifty day moving average is $592.66 and its two-hundred day moving average is $575.97.

RBC Bearings Company Profile

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.