Public Employees Retirement System of Ohio Takes Position in RBC Bearings Incorporated $ROLL

Public Employees Retirement System of Ohio purchased a new position in RBC Bearings Incorporated (NASDAQ:ROLL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,369 shares of the company’s stock, valued at approximately $12,475,000. Public Employees Retirement System of Ohio owned about 0.07% of RBC Bearings at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Capstone Investment Advisors LLC bought a new position in RBC Bearings in the second quarter valued at about $660,000. Proficio Capital Partners LLC bought a new stake in shares of RBC Bearings during the 2nd quarter valued at about $261,000. Transamerica Financial Advisors LLC bought a new stake in shares of RBC Bearings during the 2nd quarter valued at about $598,000. Corient Private Wealth LP purchased a new stake in shares of RBC Bearings during the 2nd quarter valued at about $5,243,000. Finally, Bamco Inc. NY purchased a new stake in shares of RBC Bearings during the 2nd quarter valued at about $96,110,000.

RBC Bearings Stock Down 1.6%

Shares of NASDAQ:ROLL opened at $500.62 on Monday. The stock has a market capitalization of $14.48 billion, a PE ratio of 243.02 and a beta of 1.34. The firm’s 50 day moving average price is $577.76 and its 200-day moving average price is $575.48. RBC Bearings Incorporated has a twelve month low of $152.90 and a twelve month 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.