Q2 EPS Estimates for RBC Bearings Increased by William Blair

Key Points

• William Blair raised its Q2 2026 EPS estimate for RBC Bearings from $2.58 to $2.61, also projecting earnings for Q3 2026 at $2.71 and FY2026 at $11.26 EPS.
• RBC Bearings' stock price target has been increased by multiple firms, including Truist Financial and KeyCorp, indicating strong analyst support with a consensus rating of "Moderate Buy."
• The company reported Q2 earnings of $2.84 per share, exceeding expectations, with revenue growth of 7.3% year-over-year.

RBC Bearings Incorporated (NYSE:RBC - Free Report) - William Blair upped their Q2 2026 earnings per share (EPS) estimates for shares of RBC Bearings in a report released on Monday, August 4th. William Blair analyst R. Sparenblek now anticipates that the industrial products company will post earnings per share of $2.61 for the quarter, up from their previous forecast of $2.58. The consensus estimate for RBC Bearings' current full-year earnings is $9.16 per share. William Blair also issued estimates for RBC Bearings' Q3 2026 earnings at $2.71 EPS, Q4 2026 earnings at $3.26 EPS and FY2026 earnings at $11.26 EPS.

A number of other equities analysts have also recently commented on the company. Morgan Stanley reissued an "overweight" rating and set a $415.00 target price (up previously from $390.00) on shares of RBC Bearings in a report on Tuesday, May 20th. Truist Financial upped their price objective on RBC Bearings from $431.00 to $455.00 and gave the stock a "buy" rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of RBC Bearings in a research note on Wednesday, July 16th. They set a "buy" rating and a $480.00 price objective on the stock. The Goldman Sachs Group raised their price target on shares of RBC Bearings from $375.00 to $416.00 and gave the company a "neutral" rating in a research note on Tuesday, July 8th. Finally, KeyCorp increased their price objective on shares of RBC Bearings from $405.00 to $450.00 and gave the company an "overweight" rating in a report on Tuesday, July 15th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, RBC Bearings currently has a consensus rating of "Moderate Buy" and an average price target of $425.17.

RBC Bearings Trading Down 1.4%

Shares of NYSE:RBC traded down $5.61 during trading on Thursday, hitting $392.46. The company had a trading volume of 94,829 shares, compared to its average volume of 166,184. RBC Bearings has a one year low of $272.50 and a one year high of $416.33. The company has a fifty day simple moving average of $384.14 and a two-hundred day simple moving average of $357.94. The stock has a market cap of $12.39 billion, a price-to-earnings ratio of 49.43, a price-to-earnings-growth ratio of 3.08 and a beta of 1.71. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.33 and a quick ratio of 1.33.

RBC Bearings (NYSE:RBC - Get Free Report) last issued its quarterly earnings data 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 return on equity of 10.14% and a net margin of 15.20%. The firm had revenue of $436.00 million for the quarter, compared to analyst estimates of $432.63 million. During the same period last year, the company earned $2.54 EPS. The business's quarterly revenue was up 7.3% compared to the same quarter last year.

Insider Activity at RBC Bearings

In related news, COO Daniel A. Bergeron sold 48,743 shares of the stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $402.75, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven H. Kaplan sold 400 shares of the stock in a transaction on Monday, June 9th. The shares were sold at an average price of $381.30, for a total transaction of $152,520.00. Following the completion of the sale, the director owned 2,499 shares of the company's stock, valued at approximately $952,868.70. This represents a 13.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,716 shares of company stock worth $48,818,116 over the last ninety days. 1.90% of the stock is owned by corporate insiders.

Institutional Trading of RBC Bearings

Hedge funds have recently modified their holdings of the stock. Durable Capital Partners LP grew its stake in shares of RBC Bearings by 1.9% during the 4th quarter. Durable Capital Partners LP now owns 2,631,346 shares of the industrial products company's stock valued at $787,141,000 after purchasing an additional 48,287 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of RBC Bearings by 0.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,097,321 shares of the industrial products company's stock valued at $328,253,000 after buying an additional 2,884 shares during the period. Geneva Capital Management LLC increased its stake in shares of RBC Bearings by 7.4% during the second quarter. Geneva Capital Management LLC now owns 633,230 shares of the industrial products company's stock valued at $243,667,000 after buying an additional 43,812 shares during the period. Geode Capital Management LLC increased its stake in shares of RBC Bearings by 4.1% during the second quarter. Geode Capital Management LLC now owns 557,858 shares of the industrial products company's stock valued at $214,699,000 after buying an additional 21,972 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in RBC Bearings by 2.0% in the first quarter. Ameriprise Financial Inc. now owns 545,412 shares of the industrial products company's stock valued at $175,515,000 after purchasing an additional 10,531 shares during the last quarter.

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.