RBC Bearings (RBC)

• Market cap: $9.12B
• 1 day: 0.82%
• 5 days: 7.01%
• 1 month: -2.62%
• 3 months: 7.54%
• 6 months: 4.87%
• Year to date: 4.80%
• 1 year: 15.60%
• 5 years: 79.00%
• 10 years: 409.29%
• 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)

63% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 30

36.28% more ownership

Funds ownership: 71.37% [Q2] → 107.65% (+36.28%) [Q3]

14% more funds holding in top 10

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

9% more capital invested

Capital invested by funds: $8.61B [Q2] → $9.41B (+$807M) [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

37% less call options, than puts

Call options by funds: $6.77M | Put options by funds: $10.7M

Research analyst outlook

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

• Low target: $335 7% upside
• Avg. target: $354 13% upside
• High target: $375 20% upside

3 analyst ratings

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

Truist Securities Michael Ciarmoli 78% 1-year accuracy 47 / 60 met price target	12% upside $351	Buy Maintained	14 Jan 2025
Keybanc Jeffrey Hammond 51% 1-year accuracy 19 / 37 met price target	20% upside $375	Overweight Upgraded	22 Nov 2024
B of A Securities Ronald Epstein 53% 1-year accuracy 16 / 30 met price target	7% upside $335	Neutral Downgraded	21 Nov 2024