RBC Bearings (NYSE:RBC) Posts Earnings Results, Beats Expectations By $0.13 EPS

RBC Bearings (NYSE:RBC) posted its earnings results on Friday. The industrial products company reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.13, RTT News reports. RBC Bearings had a return on equity of 10.06% and a net margin of 14.59%. The company had revenue of $437.70 million for the quarter, compared to the consensus estimate of $440.26 million. During the same period in the previous year, the business earned $2.47 earnings per share. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. RBC Bearings updated its Q1 2026 guidance to EPS.

RBC Bearings Stock Up 0.3%

Shares of NYSE:RBC opened at $368.35 on Friday. RBC Bearings has a 52-week low of $260.53 and a 52-week high of $372.95. The stock has a market cap of $11.57 billion, a P/E ratio of 50.60, a price-to-earnings-growth ratio of 4.42 and a beta of 1.66. The business’s 50 day moving average is $333.48 and its 200 day moving average is $330.11. The company has a quick ratio of 1.18, a current ratio of 3.43 and a debt-to-equity ratio of 0.34.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on RBC shares. Morgan Stanley upped their price objective on RBC Bearings from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Tuesday, February 4th. KeyCorp increased their price target on RBC Bearings from $375.00 to $395.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Finally, Truist Financial reduced their price target on RBC Bearings from $410.00 to $375.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $354.20.

Institutional Trading of RBC Bearings

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its position in 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 valued at $68,133,000 after acquiring an additional 4,253 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings 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 valued at $357,000 after purchasing an additional 434 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings 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 valued at $395,000 after purchasing an additional 303 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of RBC Bearings by 27.8% during the 1st quarter. AQR Capital Management LLC now owns 1,297 shares of the industrial products company’s stock valued at $417,000 after purchasing an additional 282 shares during the last quarter. Finally, Advisors Asset Management Inc. purchased a new stake in shares of RBC Bearings during the 1st quarter valued at $26,000.

RBC Bearings Company 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.