RBC Bearings (RBC)

• Market cap: $9.62B
• 1 day: -1.26%
• 5 days: -6.60%
• 1 month: -5.60%
• 3 months: 3.67%
• 6 months: 11.70%
• Year to date: 9.87%
• 1 year: 11.45%
• 5 years: 94.65%
• 10 years: 382.33%
• Sector: Industrials
• Industry: Ball & Roller Bearings

About: RBC Bearings Inc is an international manufacturer and marketer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The end market is the United States of America. The company has two reportable segments: Aerospace Defense segment represents the end markets for the company's highly engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications; and Industrial segment represents the end markets for the company's engineered bearings and precision components used in various industrial applications. It derives maximum revenue from Industrial Segment.

Employees: 5,302

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

40% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 35

35.96% more ownership

Funds ownership: 70.26% [Q2] → 106.22% (+35.96%) [Q3]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 8 (+1) [Q3]

10% more capital invested

Capital invested by funds: $8.47B [Q2] → $9.29B (+$816M) [Q3]

4% more funds holding

Funds holding: 370 [Q2] → 384 (+14) [Q3]

3% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 139

39% less call options, than puts

Call options by funds: $6.29M | Put options by funds: $10.3M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $335 9% upside
• Avg. target: $352 15% upside
• High target: $375 22% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Keybanc Jeffrey Hammond 54% 1-year accuracy 20 / 37 met price target	22% upside $375	Overweight Upgraded	22 Nov 2024
B of A Securities Ronald Epstein 47% 1-year accuracy 14 / 30 met price target	9% upside $335	Neutral Downgraded	21 Nov 2024
Truist Securities Michael Ciarmoli 67% 1-year accuracy 40 / 60 met price target	13% upside $347	Buy Maintained	20 Nov 2024