Corient Private Wealth LP Acquires Shares of 8,140 RBC Bearings Incorporated $ROLL

Corient Private Wealth LP bought a new position in shares of RBC Bearings Incorporated (NASDAQ:ROLL) during the second quarter, HoldingsChannel.com reports. The firm bought 8,140 shares of the company’s stock, valued at approximately $5,243,000.

Several other hedge funds also recently made changes to their positions in ROLL. BlackRock Inc. acquired a new stake in shares of RBC Bearings in the second quarter valued at approximately $1,962,222,000. Port Capital LLC acquired a new stake in RBC Bearings during the second quarter worth approximately $186,958,000. Bank of New York Mellon Corp acquired a new stake in RBC Bearings during the second quarter worth approximately $112,479,000. Bamco Inc. NY bought a new position in RBC Bearings during the 2nd quarter worth $96,110,000. Finally, American Capital Management Inc. bought a new position in RBC Bearings during the 2nd quarter worth $92,575,000.

RBC Bearings Price Performance

Shares of NASDAQ ROLL opened at $500.62 on Tuesday. The business has a fifty day moving average price of $574.99 and a two-hundred day moving average price of $575.14. The stock has a market capitalization of $14.48 billion, a PE ratio of 243.02 and a beta of 1.34. RBC Bearings Incorporated has a fifty-two week low of $152.90 and a fifty-two week high of $264.94.

RBC Bearings 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.