Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of RBC Bearings Incorporated (NYSE:RBC)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of RBC Bearings Incorporated (NYSE:RBC). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in RBC Bearings stock on September 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

RBC Bearings Price Performance

NYSE:RBC traded down $4.47 on Wednesday, reaching $505.54. 77,404 shares of the company’s stock traded hands, compared to its average volume of 239,288. The company has a quick ratio of 0.98, a current ratio of 2.53 and a debt-to-equity ratio of 0.21. RBC Bearings Incorporated has a 12 month low of $364.50 and a 12 month high of $667.69. The stock has a 50-day simple moving average of $510.92 and a 200-day simple moving average of $562.05. The firm has a market cap of $16.01 billion, a PE ratio of 50.07, a P/E/G ratio of 2.75 and a beta of 1.38.

RBC Bearings (NYSE:RBC) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.88 EPS for the quarter, beating the consensus estimate of $3.42 by $0.46. The business had revenue of $519.50 million during the quarter, compared to analyst estimates of $508.92 million. RBC Bearings had a net margin of 16.40% and a return on equity of 12.06%. RBC Bearings’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.84 earnings per share. Equities research analysts forecast that RBC Bearings Incorporated will post 14.03 earnings per share for the current year.

Institutional Trading of RBC Bearings

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP increased its holdings in shares of RBC Bearings by 27.5% during the 1st quarter. First Trust Advisors LP now owns 409,700 shares of the industrial products company’s stock worth $222,516,000 after buying an additional 88,468 shares during the last quarter. Maren Capital LLC raised its holdings in RBC Bearings by 1.4% in the 4th quarter. Maren Capital LLC now owns 450,314 shares of the industrial products company’s stock valued at $201,934,000 after buying an additional 6,373 shares during the period. Blair William & Co. IL lifted its position in RBC Bearings by 4.4% in the fourth quarter. Blair William & Co. IL now owns 222,235 shares of the industrial products company’s stock valued at $99,657,000 after buying an additional 9,331 shares during the last quarter. Gotham Asset Management LLC lifted its position in RBC Bearings by 14.4% in the fourth quarter. Gotham Asset Management LLC now owns 117,141 shares of the industrial products company’s stock valued at $52,530,000 after buying an additional 14,703 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in RBC Bearings by 40.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 78,430 shares of the industrial products company’s stock worth $50,514,000 after buying an additional 22,721 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on RBC shares. Truist Financial boosted their target price on shares of RBC Bearings from $615.00 to $646.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Guggenheim initiated coverage on shares of RBC Bearings in a research note on Monday, September 14th. They issued a “buy” rating and a $600.00 price objective on the stock. Weiss Ratings cut shares of RBC Bearings from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. Raymond James Financial upgraded RBC Bearings from a “market perform” rating to an “outperform” rating and set a $645.00 target price on the stock in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada set a $600.00 target price on RBC Bearings in a research report on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $615.44.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

RBC Bearings Company Profile

RBC Bearings Incorporated designs and manufactures highly engineered bearings and related components for demanding aerospace, defense and industrial applications. Its products are used in systems that require precision, reliability and resistance to extreme operating conditions.

The company’s product portfolio includes plain bearings, roller bearings, ball bearings, rod ends, spherical bearings, precision components and other motion-control products. These products support applications such as aircraft structures and flight controls, aircraft engines, landing systems, space systems, military equipment, construction machinery, energy equipment and other industrial systems.

Founded in 1919, RBC Bearings serves original equipment manufacturers and aftermarket customers through operations and sales channels in North America, Europe and Asia.