Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of RBC Bearings Incorporated (NYSE:RBC)

by · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of RBC Bearings Incorporated (NYSE:RBC). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in RBC Bearings stock on March 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
  • Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

RBC Bearings Price Performance

Shares of NYSE RBC traded up $15.50 during trading on Thursday, reaching $596.05. The company had a trading volume of 65,259 shares, compared to its average volume of 198,686. The company has a current ratio of 1.86, a quick ratio of 0.67 and a debt-to-equity ratio of 0.22. RBC Bearings Incorporated has a twelve month low of $310.95 and a twelve month high of $596.66. The stock has a 50-day moving average price of $548.85 and a two-hundred day moving average price of $474.90. The stock has a market capitalization of $18.85 billion, a PE ratio of 70.12, a price-to-earnings-growth ratio of 2.64 and a beta of 1.49.

RBC Bearings (NYSE:RBCGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The industrial products company reported $3.04 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.21. RBC Bearings had a return on equity of 10.86% and a net margin of 15.00%.The firm had revenue of $461.60 million during the quarter, compared to analysts’ expectations of $460.69 million. During the same quarter last year, the business posted $2.34 EPS. The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. As a group, sell-side analysts predict that RBC Bearings Incorporated will post 9.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on RBC shares. Morgan Stanley reiterated an “overweight” rating and set a $600.00 price target on shares of RBC Bearings in a report on Friday, February 6th. Weiss Ratings restated a “buy (b-)” rating on shares of RBC Bearings in a research report on Monday, December 22nd. Truist Financial boosted their price target on RBC Bearings from $542.00 to $599.00 and gave the company a “buy” rating in a report on Friday, February 6th. KeyCorp increased their price target on RBC Bearings from $595.00 to $680.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $527.00 price objective on RBC Bearings and gave the stock a “buy” rating in a report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $574.67.

View Our Latest Stock Report on RBC Bearings

Institutional Investors Weigh In On RBC Bearings

A number of institutional investors have recently bought and sold shares of RBC. Norges Bank acquired a new position in shares of RBC Bearings in the 4th quarter valued at $175,909,000. Artisan Partners Limited Partnership increased its holdings in shares of RBC Bearings by 51.7% during the 3rd quarter. Artisan Partners Limited Partnership now owns 619,592 shares of the industrial products company’s stock worth $241,821,000 after buying an additional 211,093 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of RBC Bearings by 39,846.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 185,749 shares of the industrial products company’s stock worth $83,295,000 after buying an additional 185,284 shares during the last quarter. Cartenna Capital LP purchased a new position in shares of RBC Bearings in the 4th quarter worth $76,233,000. Finally, Invesco Ltd. boosted its holdings in RBC Bearings by 60.5% in the third quarter. Invesco Ltd. now owns 381,161 shares of the industrial products company’s stock valued at $148,763,000 after acquiring an additional 143,710 shares during the last quarter.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

RBC Bearings Company Profile

(Get Free Report)

RBC Bearings Incorporated is a global designer, manufacturer and marketer of highly engineered precision bearings and components for extreme applications. The company’s product portfolio includes cylindrical roller bearings, spherical plain bearings, ball bearings, track rollers, and engineered components such as metal-to-metal and polymer bearings. These products are tailored to meet the demanding requirements of aerospace, defense and industrial customers where reliability under severe conditions is critical.

The company’s bearings and components find application in aircraft engines, auxiliary power units, landing gear systems, space and missile programs, industrial gas turbines, oil and gas drilling equipment, and heavy machinery.

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