Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of RBC Bearings Incorporated (NYSE:RBC). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in RBC Bearings stock on July 16th. 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 Mesabi Trust NYSE: MSB on 7/31/2026.
- Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
- Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
- Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
- Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
- Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
- Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
- Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
- Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
- Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.
RBC Bearings Stock Performance
NYSE:RBC opened at $487.71 on Tuesday. The stock has a 50 day simple moving average of $557.15 and a 200 day simple moving average of $572.69. The stock has a market cap of $15.44 billion, a P/E ratio of 48.19, a PEG ratio of 2.62 and a beta of 1.39. RBC Bearings Incorporated has a 1-year low of $364.50 and a 1-year high of $667.69. The company has a current ratio of 2.53, a quick ratio of 0.98 and a debt-to-equity ratio of 0.21.
RBC Bearings (NYSE:RBC - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.88 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 firm had revenue of $519.50 million for the quarter, compared to analyst estimates of $508.92 million. During the same period in the prior year, the firm posted $2.84 EPS. The company's revenue for the quarter was up 19.2% on a year-over-year basis. Research analysts anticipate that RBC Bearings Incorporated will post 14.12 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts recently commented on RBC shares. Morgan Stanley raised their price target on shares of RBC Bearings from $600.00 to $640.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 19th. Truist Financial increased their target price on shares of RBC Bearings from $615.00 to $646.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Weiss Ratings cut shares of RBC Bearings from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, August 27th. Wall Street Zen downgraded shares of RBC Bearings from a "buy" rating to a "hold" rating in a research report on Saturday, August 22nd. Finally, Royal Bank Of Canada set a $645.00 price target on RBC Bearings in a research note on Monday, August 3rd. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, RBC Bearings currently has a consensus rating of "Moderate Buy" and an average price target of $623.00.
Read Our Latest Analysis on RBC
Insider Transactions at RBC Bearings
In other news, VP John Feeney sold 225 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $657.94, for a total value of $148,036.50. Following the completion of the transaction, the vice president owned 2,378 shares of the company's stock, valued at approximately $1,564,581.32. This represents a 8.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dolores Ennico sold 600 shares of the firm's stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $636.11, for a total transaction of $381,666.00. Following the completion of the sale, the director owned 7,254 shares in the company, valued at approximately $4,614,341.94. The trade was a 7.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.80% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in RBC. Advisors Asset Management Inc. bought a new position in shares of RBC Bearings in the 1st quarter valued at $26,000. Western Wealth Management LLC bought a new stake in shares of RBC Bearings during the 1st quarter worth $27,000. SBI Securities Co. Ltd. boosted its stake in RBC Bearings by 106.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 64 shares of the industrial products company's stock valued at $29,000 after buying an additional 33 shares in the last quarter. Larson Financial Group LLC grew its position in RBC Bearings by 148.5% in the third quarter. Larson Financial Group LLC now owns 82 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 49 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in RBC Bearings by 123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 96 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 53 shares during the last quarter.
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.
About RBC Bearings
(
Get 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.
Further Reading
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