State of Wyoming Acquires New Holdings in RBC Bearings Incorporated $ROLL

State of Wyoming acquired a new position in RBC Bearings Incorporated (NASDAQ:ROLL) in the second quarter, Holdings Channel reports. The fund acquired 1,787 shares of the company’s stock, valued at approximately $1,151,000.

Separately, GSA Capital Partners LLP bought a new stake in RBC Bearings during the 2nd quarter valued at $281,000.

RBC Bearings Trading Up 1.1%

Shares of NASDAQ:ROLL opened at $560.49 on Friday. The company has a market capitalization of $16.22 billion, a PE ratio of 272.08 and a beta of 1.34. RBC Bearings Incorporated has a 12-month low of $152.90 and a 12-month high of $264.94. The business’s fifty day simple moving average is $594.86 and its 200-day simple moving average is $574.45.

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.