Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of RBC Bearings Incorporated (NYSE:RBC). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in RBC Bearings stock on September 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
- Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
- Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
- Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
- Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
- Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.
RBC Bearings Stock Down 2.2%
Shares of RBC Bearings stock opened at $498.89 on Thursday. The firm’s 50 day moving average price is $509.46 and its 200-day moving average price is $561.70. The company has a quick ratio of 0.98, a current ratio of 2.53 and a debt-to-equity ratio of 0.21. RBC Bearings Incorporated has a 52-week low of $364.50 and a 52-week high of $667.69. The company has a market cap of $15.79 billion, a P/E ratio of 49.30, a PEG ratio of 2.75 and a beta of 1.38.
RBC Bearings (NYSE:RBC – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.88 EPS for the quarter, topping the consensus estimate of $3.42 by $0.46. RBC Bearings had a net margin of 16.40% and a return on equity of 12.06%. The firm had revenue of $519.50 million during the quarter, compared to analyst estimates of $508.92 million. During the same quarter in the previous year, the business posted $2.84 EPS. RBC Bearings’s revenue was up 19.2% on a year-over-year basis. On average, sell-side analysts predict that RBC Bearings Incorporated will post 14.03 EPS for the current fiscal year.
Institutional Investors Weigh In On RBC Bearings
Institutional investors and hedge funds have recently made changes to their positions in the stock. Allianz Asset Management GmbH acquired a new stake in shares of RBC Bearings during the second quarter worth about $6,493,000. Corient Private Wealth LP increased its holdings in RBC Bearings by 25.8% in the 2nd quarter. Corient Private Wealth LP now owns 11,106 shares of the industrial products company’s stock worth $7,153,000 after buying an additional 2,275 shares during the period. Amundi increased its holdings in RBC Bearings by 284.6% in the 2nd quarter. Amundi now owns 8,316 shares of the industrial products company’s stock worth $5,356,000 after buying an additional 6,154 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in RBC Bearings by 40.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 78,430 shares of the industrial products company’s stock worth $50,514,000 after buying an additional 22,721 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in RBC Bearings during the 2nd quarter worth approximately $2,608,000.
Wall Street Analyst Weigh In
Several research firms have issued reports on RBC. Raymond James Financial raised shares of RBC Bearings from a “market perform” rating to an “outperform” rating and set a $645.00 price target on the stock in a report on Monday, August 3rd. Weiss Ratings downgraded RBC Bearings from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. Royal Bank Of Canada set a $600.00 price objective on RBC Bearings in a report on Monday, September 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $686.00 price objective on shares of RBC Bearings in a research report on Tuesday, August 4th. Finally, Guggenheim initiated coverage on RBC Bearings in a research report on Monday, September 14th. They issued a “buy” rating and a $600.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $615.44.
Get Our Latest Research Report on RBC
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
RBC Bearings Company Profile
RBC Bearings Incorporated designs and manufactures highly engineered bearings and related components for demanding aerospace, defense and industrial applications. Its products are used in systems that require precision, reliability and resistance to extreme operating conditions.
The company’s product portfolio includes plain bearings, roller bearings, ball bearings, rod ends, spherical bearings, precision components and other motion-control products. These products support applications such as aircraft structures and flight controls, aircraft engines, landing systems, space systems, military equipment, construction machinery, energy equipment and other industrial systems.
Founded in 1919, RBC Bearings serves original equipment manufacturers and aftermarket customers through operations and sales channels in North America, Europe and Asia.
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