Samlyn Capital LLC Has $24.15 Million Stock Holdings in RBC Bearings Incorporated $RBC

Key Points

• Samlyn Capital LLC reduced its stake in RBC Bearings by 12.1%, selling 10,328 shares and holding 75,044 shares valued at approximately $24.1 million as of the end of the reporting period.
• Several hedge funds have recently increased their positions in RBC Bearings, with **Thurston Springer Miller Herd & Titak Inc.** boosting its stake by **109.3%** during the first quarter.
• RBC Bearings reported quarterly earnings of $2.84 EPS, exceeding analysts' expectations, alongside a revenue increase of **7.3% year-over-year**, indicating strong performance amid a competitive market.

Samlyn Capital LLC decreased its stake in shares of RBC Bearings Incorporated (NYSE:RBC - Free Report) by 12.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 75,044 shares of the industrial products company's stock after selling 10,328 shares during the quarter. Samlyn Capital LLC owned 0.24% of RBC Bearings worth $24,147,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. bought a new stake in shares of RBC Bearings in the 1st quarter worth approximately $25,000. Advisors Asset Management Inc. bought a new stake in RBC Bearings in the 1st quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of RBC Bearings by 109.3% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 113 shares of the industrial products company's stock valued at $36,000 after buying an additional 59 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings 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 acquiring an additional 136 shares during the period. Finally, UMB Bank n.a. boosted its position in shares of 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 in the last quarter.

Analyst Ratings Changes

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

RBC Bearings Price Performance

NYSE RBC traded up $6.65 on Thursday, hitting $384.73. 186,194 shares of the company were exchanged, compared to its average volume of 167,015. The company has a current ratio of 3.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.29. The company has a market cap of $12.14 billion, a P/E ratio of 48.45, a P/E/G ratio of 2.90 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 firm has a 50 day moving average of $391.53 and a two-hundred day moving average of $364.36.

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

Insider Buying and Selling at RBC Bearings

In other news, Director Michael H. Ambrose sold 595 shares of the company's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $367.32, for a total transaction of $218,555.40. Following the transaction, the director owned 6,985 shares of the company's stock, valued at $2,565,730.20. This represents a 7.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Daniel A. Bergeron sold 48,743 shares of the firm's stock in a transaction dated 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 owned 111,134 shares in the company, valued at approximately $44,759,218.50. This represents a 30.49% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

RBC Bearings Profile

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.