RBC Bearings Stock Performance
Shares of RBC Bearings stock opened at $240.99 on Friday. RBC Bearings has a one year low of $152.90 and a one year high of $264.94. The stock’s fifty day moving average is $231.45 and its 200 day moving average is $223.62. The stock has a market cap of $6.97 billion, a P/E ratio of 116.99 and a beta of 1.34.
Hedge Funds Weigh In On RBC Bearings
A number of institutional investors have recently bought and sold shares of the stock. Compass Wealth Management LLC bought a new stake in shares of RBC Bearings in the fourth quarter worth about $31,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of RBC Bearings by 70.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 205 shares of the company’s stock valued at $43,000 after buying an additional 85 shares during the period. Lazard Asset Management LLC grew its stake in RBC Bearings by 34.4% in the fourth quarter. Lazard Asset Management LLC now owns 410 shares of the company’s stock worth $85,000 after purchasing an additional 105 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in RBC Bearings by 72.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 626 shares of the company’s stock worth $131,000 after purchasing an additional 262 shares in the last quarter. Finally, Point72 Middle East FZE bought a new position in RBC Bearings in the fourth quarter worth approximately $189,000.
RBC Bearings Company Profile
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.
- Five stocks we like better than RBC Bearings
- How to Most Effectively Use the MarketBeat Earnings Screener
- The most upgraded stocks in November have two things in common
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Monday.com rocked earnings like it’s the weekend
- 3 Best Fintech Stocks for a Portfolio Boost
- Plan to own one retailer? Make it this one
Receive News & Ratings for RBC Bearings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RBC Bearings and related companies with MarketBeat.com's FREE daily email newsletter.