Jupiter Topco LLC Acquires New Holdings in RBC Bearings Incorporated $ROLL

Jupiter Topco LLC acquired a new stake in shares of RBC Bearings Incorporated (NASDAQ:ROLL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 15,648 shares of the company’s stock, valued at approximately $10,072,000.

A number of other hedge funds have also bought and sold shares of the stock. C M Bidwell & Associates Ltd. purchased a new stake in shares of RBC Bearings during the second quarter valued at $25,000. Quantbot Technologies LP purchased a new position in shares of RBC Bearings in the second quarter worth about $27,000. Danske Bank A S acquired a new stake in shares of RBC Bearings during the second quarter worth about $39,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in RBC Bearings in the second quarter valued at approximately $53,000. Finally, Osterweis Capital Management Inc. acquired a new position in RBC Bearings in the 2nd quarter worth approximately $64,000.

RBC Bearings Price Performance

NASDAQ:ROLL opened at $500.62 on Monday. The company’s fifty day moving average price is $577.76 and its 200-day moving average price is $575.48. RBC Bearings Incorporated has a 1-year low of $152.90 and a 1-year high of $264.94. The firm has a market capitalization of $14.48 billion, a P/E ratio of 243.02 and a beta of 1.34.

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.