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

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold $15,001–$50,000 of RBC Bearings shares on September 14 from his Bank of America trust account.
• RBC Bearings recently reported strong quarterly results, with EPS of $3.88 beating estimates and revenue rising 19.2% year over year to $519.5 million.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $615.44, above its reported $510.57 share price.

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 Trading Up 0.1%

RBC Bearings stock opened at $510.57 on Wednesday. RBC Bearings Incorporated has a 52 week low of $364.50 and a 52 week high of $667.69. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.98 and a current ratio of 2.53. The firm has a market capitalization of $16.16 billion, a price-to-earnings ratio of 50.45, a P/E/G ratio of 2.75 and a beta of 1.38. The company has a 50 day moving average price of $510.92 and a 200 day moving average price of $562.05.

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

Hedge Funds Weigh In On RBC Bearings

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP raised its holdings in 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 period. Fifth Third Bancorp raised its stake in shares of RBC Bearings by 12,957.3% in the 1st quarter. Fifth Third Bancorp now owns 74,949 shares of the industrial products company's stock valued at $40,707,000 after purchasing an additional 74,375 shares during the period. Visualize Group LP acquired a new position in shares of RBC Bearings during the first quarter worth about $27,942,000. Squarepoint Ops LLC raised its holdings in shares of RBC Bearings by 1,382.4% in the second quarter. Squarepoint Ops LLC now owns 52,448 shares of the industrial products company's stock valued at $33,780,000 after purchasing an additional 48,910 shares during the last quarter. Finally, Moore Capital Management LP bought a new position in RBC Bearings in the fourth quarter valued at $21,314,000.

Wall Street Analyst Weigh In

RBC has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $686.00 price objective on shares of RBC Bearings in a research report on Tuesday, August 4th. Royal Bank Of Canada set a $600.00 price target on shares of RBC Bearings in a research report on Monday, September 14th. Guggenheim initiated coverage on shares of RBC Bearings in a research report on Monday, September 14th. They set a "buy" rating and a $600.00 price objective on the stock. Weiss Ratings downgraded shares of RBC Bearings from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, August 27th. Finally, Truist Financial upped their price objective on shares of RBC Bearings from $615.00 to $646.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. One research 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's stock. According to MarketBeat, RBC Bearings presently has an average rating of "Moderate Buy" and a consensus 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.

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