Capstone Investment Advisors LLC Acquires New Holdings in RBC Bearings Incorporated $ROLL

Capstone Investment Advisors LLC bought a new stake in RBC Bearings Incorporated (NASDAQ:ROLL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,025 shares of the company’s stock, valued at approximately $660,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. C M Bidwell & Associates Ltd. bought a new position in shares of RBC Bearings in the 2nd quarter valued at $25,000. Quantbot Technologies LP bought a new stake in RBC Bearings during the 2nd quarter worth $27,000. Danske Bank A S acquired a new position in RBC Bearings in the 2nd quarter worth about $39,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in RBC Bearings in the 2nd quarter worth about $53,000. Finally, Osterweis Capital Management Inc. bought a new position in RBC Bearings in the second quarter valued at about $64,000.

RBC Bearings Trading Down 1.0%

Shares of ROLL stock opened at $509.00 on Friday. The business’s 50-day moving average price is $577.76 and its 200-day moving average price is $575.26. RBC Bearings Incorporated has a 12 month low of $152.90 and a 12 month high of $264.94. The firm has a market capitalization of $14.73 billion, a price-to-earnings ratio of 247.09 and a beta of 1.34.

RBC Bearings Profile

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.