RBC Bearings (NYSE:RBC) Releases Earnings Results, Beats Expectations By $0.13 EPS

RBC Bearings (NYSE:RBC) issued its quarterly earnings data on Friday. The industrial products company reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $0.13, RTT News reports. RBC Bearings had a net margin of 14.59% and a return on equity of 10.06%. The business had revenue of $437.70 million during the quarter, compared to analysts’ expectations of $440.26 million. During the same period in the previous year, the company earned $2.47 earnings per share. RBC Bearings’s revenue for the quarter was up 5.8% on a year-over-year basis. RBC Bearings updated its Q1 2026 guidance to EPS.

RBC Bearings Price Performance

Shares of RBC Bearings stock opened at $368.35 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.43 and a quick ratio of 1.18. RBC Bearings has a fifty-two week low of $260.53 and a fifty-two week high of $372.95. The firm has a fifty day moving average price of $333.48 and a two-hundred day moving average price of $330.11. The company has a market cap of $11.57 billion, a PE ratio of 50.60, a price-to-earnings-growth ratio of 4.42 and a beta of 1.66.

Hedge Funds Weigh In On RBC Bearings

A number of hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its stake in shares of RBC Bearings by 2.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 211,744 shares of the industrial products company’s stock valued at $68,133,000 after buying an additional 4,253 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of RBC Bearings by 27.8% in the 1st quarter. AQR Capital Management LLC now owns 1,297 shares of the industrial products company’s stock valued at $417,000 after buying an additional 282 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of RBC Bearings by 32.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,229 shares of the industrial products company’s stock worth $395,000 after purchasing an additional 303 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of RBC Bearings by 64.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,111 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 434 shares in the last quarter. Finally, Advisors Asset Management Inc. acquired a new stake in shares of RBC Bearings during the 1st quarter worth about $26,000.

Wall Street Analyst Weigh In

RBC has been the subject of a number of analyst reports. Truist Financial reduced their price objective on shares of RBC Bearings from $410.00 to $375.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. Morgan Stanley boosted their price objective on shares of RBC Bearings from $360.00 to $390.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 4th. Finally, KeyCorp increased their price target on shares of RBC Bearings from $375.00 to $395.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, RBC Bearings presently has a consensus rating of “Moderate Buy” and an average target price of $354.20.

About RBC Bearings

RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.