Riverbridge Partners LLC Takes Position in RBC Bearings Incorporated $RBC

Posted by Francis Steltz on Jun 24th, 2026

Riverbridge Partners LLC acquired a new position in shares of RBC Bearings Incorporated (NYSE:RBC – Free Report) in the first quarter, Holdings Channel.com reports. The fund acquired 20,386 shares of the industrial products company’s stock, valued at approximately $11,072,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. purchased a new position in shares of RBC Bearings in the 1st quarter worth about $26,000. AQR Capital Management LLC grew its position in RBC Bearings by 27.8% during the first quarter. AQR Capital Management LLC now owns 1,297 shares of the industrial products company’s stock valued at $417,000 after acquiring an additional 282 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in RBC Bearings by 32.7% during the first quarter. Integrated Wealth Concepts LLC now owns 1,229 shares of the industrial products company’s stock valued at $395,000 after acquiring an additional 303 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of RBC Bearings by 64.1% during the first quarter. Jones Financial Companies Lllp now owns 1,111 shares of the industrial products company’s stock worth $357,000 after acquiring an additional 434 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of RBC Bearings by 2.0% during the first quarter. Goldman Sachs Group Inc. now owns 211,744 shares of the industrial products company’s stock worth $68,133,000 after acquiring an additional 4,253 shares in the last quarter.

Analysts Set New Price Targets

RBC has been the subject of a number of research reports. Truist Financial reaffirmed a “buy” rating and issued a $615.00 price objective (up from $599.00) on shares of RBC Bearings in a research note on Tuesday, May 19th. Wall Street Zen upgraded shares of RBC Bearings from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Zacks Research downgraded shares of RBC Bearings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Weiss Ratings lowered shares of RBC Bearings from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 17th. Finally, KeyCorp raised their price objective on RBC Bearings from $595.00 to $680.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $584.00.

Check Out Our Latest Analysis on RBC Bearings

RBC Bearings Price Performance

Shares of RBC Bearings stock opened at $633.06 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.18 and a quick ratio of 0.78. RBC Bearings Incorporated has a one year low of $364.50 and a one year high of $646.17. The business’s 50 day simple moving average is $594.97 and its two-hundred day simple moving average is $543.64. The stock has a market capitalization of $20.03 billion, a P/E ratio of 69.64, a price-to-earnings-growth ratio of 3.73 and a beta of 1.42.

RBC Bearings (NYSE:RBC – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The industrial products company reported $3.62 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.31. RBC Bearings had a return on equity of 11.35% and a net margin of 15.37%.The firm had revenue of $518.00 million during the quarter, compared to analyst estimates of $505.90 million. During the same quarter in the prior year, the firm posted $2.83 earnings per share. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. Analysts forecast that RBC Bearings Incorporated will post 13.58 EPS for the current year.

Insiders Place Their Bets

In other RBC Bearings news, Director Edward Stewart sold 600 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $592.83, for a total transaction of $355,698.00. Following the completion of the sale, the director owned 21,337 shares of the company’s stock, valued at $12,649,213.71. This represents a 2.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.90% of the stock is owned by insiders.

RBC Bearings Profile

(Free Report)

RBC Bearings Incorporated is a global designer, manufacturer and marketer of highly engineered precision bearings and components for extreme applications. The company’s product portfolio includes cylindrical roller bearings, spherical plain bearings, ball bearings, track rollers, and engineered components such as metal-to-metal and polymer bearings. These products are tailored to meet the demanding requirements of aerospace, defense and industrial customers where reliability under severe conditions is critical.

The company’s bearings and components find application in aircraft engines, auxiliary power units, landing gear systems, space and missile programs, industrial gas turbines, oil and gas drilling equipment, and heavy machinery.