B. Metzler seel. Sohn & Co. AG Decreases Stake in RBC Bearings Incorporated $RBC

Key Points

• B. Metzler seel. Sohn & Co. AG has reduced its holdings in RBC Bearings Incorporated by 17.2%, selling 1,570 shares and now owning 7,579 shares valued at approximately $2.4 million.
• CEO Daniel A. Bergeron sold 48,743 shares for over $19.6 million, decreasing his position by 30.49%, while company insiders have collectively sold 125,716 shares worth nearly $48.8 million recently.
• RBC Bearings reported quarterly earnings of $2.84 per share, exceeding analyst estimates, with a year-over-year revenue increase of 7.3%, and analysts expect an average EPS of 9.16 for this fiscal year.

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of RBC Bearings Incorporated (NYSE:RBC - Free Report) by 17.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,579 shares of the industrial products company's stock after selling 1,570 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in RBC Bearings were worth $2,439,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RBC. NBC Securities Inc. acquired a new stake in shares of RBC Bearings during the 1st quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of RBC Bearings by 109.3% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 113 shares of the industrial products company's stock worth $36,000 after purchasing an additional 59 shares during the last quarter. Golden State Wealth Management LLC increased its position in shares of RBC Bearings by 107.1% during the 1st quarter. Golden State Wealth Management LLC now owns 263 shares of the industrial products company's stock worth $85,000 after purchasing an additional 136 shares during the last quarter. UMB Bank n.a. boosted its holdings in RBC Bearings by 80.8% during the 1st quarter. UMB Bank n.a. now owns 311 shares of the industrial products company's stock valued at $100,000 after acquiring an additional 139 shares during the period. Finally, SVB Wealth LLC purchased a new position in RBC Bearings during the 1st quarter valued at about $111,000.

Wall Street Analyst Weigh In

A number of brokerages recently commented on RBC. Truist Financial raised their target price on RBC Bearings from $431.00 to $455.00 and gave the company a "buy" rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft began coverage on RBC Bearings in a report on Wednesday, July 16th. They set a "buy" rating and a $480.00 target price for the company. Morgan Stanley restated an "overweight" rating and set a $415.00 target price (up from $390.00) on shares of RBC Bearings in a report on Tuesday, May 20th. Zacks Research upgraded RBC Bearings from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 13th. Finally, The Goldman Sachs Group lifted their price objective on RBC Bearings from $375.00 to $416.00 and gave the company a "neutral" rating in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $425.17.

RBC Bearings Stock Performance

RBC traded down $3.04 during trading on Tuesday, hitting $386.92. 59,130 shares of the stock were exchanged, compared to its average volume of 166,638. The firm has a market capitalization of $12.21 billion, a P/E ratio of 48.74, a PEG ratio of 3.02 and a beta of 1.73. RBC Bearings Incorporated has a 1-year low of $272.50 and a 1-year high of $416.33. The stock has a fifty day moving average price of $391.64 and a two-hundred day moving average price of $363.49. The company has a quick ratio of 1.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.29.

RBC Bearings (NYSE:RBC - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The industrial products company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.74 by $0.10. The company had revenue of $436.00 million for the quarter, compared to analyst estimates of $432.63 million. RBC Bearings had a return on equity of 10.14% and a net margin of 15.20%.The firm's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.54 earnings per share. RBC Bearings has set its Q2 2026 guidance at EPS. As a group, sell-side analysts predict that RBC Bearings Incorporated will post 9.16 earnings per share for the current year.

Insider Transactions at RBC Bearings

In other news, Director Steven H. Kaplan sold 400 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $381.30, for a total value of $152,520.00. Following the transaction, the director owned 2,499 shares of the company's stock, valued at approximately $952,868.70. The trade was a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Daniel A. Bergeron sold 48,743 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $402.75, for a total value of $19,631,243.25. Following the completion of the transaction, the chief operating officer directly owned 111,134 shares in the company, valued at approximately $44,759,218.50. The trade was a 30.49% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,716 shares of company stock worth $48,818,116. 1.90% of the stock is currently owned by corporate insiders.

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.