RBC Bearings (NYSE:RBC - Get Free Report) is projected to post its Q1 2026 quarterly earnings results before the market opens on Friday, August 1st. Analysts expect RBC Bearings to post earnings of $2.74 per share and revenue of $432.63 million for the quarter. RBC Bearings has set its Q1 2026 guidance at EPS.
RBC Bearings (NYSE:RBC - Get Free Report) last issued its quarterly earnings results on Friday, May 16th. The industrial products company reported $2.83 earnings per share for the quarter, topping analysts' consensus estimates of $2.70 by $0.13. The company had revenue of $437.70 million for the quarter, compared to the consensus estimate of $440.26 million. RBC Bearings had a net margin of 15.05% and a return on equity of 10.08%. The firm's quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.47 EPS. On average, analysts expect RBC Bearings to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.
RBC Bearings Stock Performance
NYSE RBC traded up $3.56 during trading on Friday, hitting $388.58. 77,151 shares of the company's stock traded hands, compared to its average volume of 172,243. The stock has a market capitalization of $12.20 billion, a price-to-earnings ratio of 50.66, a PEG ratio of 3.14 and a beta of 1.65. RBC Bearings has a 12-month low of $260.53 and a 12-month high of $402.22. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.18 and a current ratio of 3.26. The business has a 50 day moving average of $378.23 and a 200-day moving average of $351.20.
Insider Buying and Selling
In related news, CEO Michael J. Hartnett sold 26,725 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $381.09, for a total value of $10,184,630.25. Following the transaction, the chief executive officer directly owned 316,853 shares of the company's stock, valued at approximately $120,749,509.77. The trade was a 7.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Daniel A. Bergeron sold 31,282 shares of RBC Bearings stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $380.28, for a total value of $11,895,918.96. Following the completion of the sale, the chief operating officer directly owned 111,134 shares in the company, valued at approximately $42,262,037.52. The trade was a 21.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 76,973 shares of company stock valued at $29,186,872 in the last 90 days. Corporate insiders own 2.60% of the company's stock.
Institutional Trading of RBC Bearings
A number of institutional investors have recently bought and sold shares of RBC. Jane Street Group LLC grew its position in shares of RBC Bearings by 198.2% during the 1st quarter. Jane Street Group LLC now owns 4,861 shares of the industrial products company's stock worth $1,564,000 after buying an additional 3,231 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of RBC Bearings by 1.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,770 shares of the industrial products company's stock worth $21,163,000 after buying an additional 923 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of RBC Bearings by 2.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 211,744 shares of the industrial products company's stock worth $68,133,000 after buying an additional 4,253 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of RBC Bearings by 64.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,111 shares of the industrial products company's stock worth $357,000 after buying an additional 434 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of RBC Bearings by 32.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,229 shares of the industrial products company's stock worth $395,000 after buying an additional 303 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the stock. The Goldman Sachs Group upped their price objective on shares of RBC Bearings from $375.00 to $416.00 and gave the company a "neutral" rating in a report on Tuesday, July 8th. Truist Financial upped their price objective on shares of RBC Bearings from $405.00 to $431.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Morgan Stanley reaffirmed an "overweight" rating and set a $415.00 price objective (up from $390.00) on shares of RBC Bearings in a report on Tuesday, May 20th. KeyCorp upped their price target on RBC Bearings from $405.00 to $450.00 and gave the company an "overweight" rating in a research report on Tuesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft started coverage on RBC Bearings in a research report on Wednesday, July 16th. They set a "buy" rating and a $480.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $421.17.
Get Our Latest Analysis on RBC
RBC Bearings Company Profile
(
Get Free Report)
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.
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