Ieq Capital LLC Makes New Investment in RBC Bearings Incorporated $ROLL

Ieq Capital LLC purchased a new stake in RBC Bearings Incorporated (NASDAQ:ROLL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,802 shares of the company’s stock, valued at approximately $11,466,000. Ieq Capital LLC owned approximately 0.06% of RBC Bearings as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of RBC Bearings during the second quarter worth about $1,962,222,000. Bank of New York Mellon Corp bought a new position in shares of RBC Bearings in the second quarter worth approximately $112,479,000. Deutsche Bank AG purchased a new stake in RBC Bearings in the second quarter valued at approximately $48,927,000. TimesSquare Capital Management LLC bought a new stake in RBC Bearings during the second quarter valued at approximately $40,908,000. Finally, Advisors Capital Management LLC bought a new stake in RBC Bearings during the second quarter valued at approximately $14,275,000.

RBC Bearings Price Performance

ROLL stock opened at $505.63 on Friday. The firm has a 50 day simple moving average of $589.48 and a two-hundred day simple moving average of $575.53. The stock has a market cap of $14.63 billion, a PE ratio of 245.45 and a beta of 1.34. RBC Bearings Incorporated has a one year low of $152.90 and a one year high of $264.94.

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.