New insider activity at RBC Bearings ( (RBC) ) has taken place on February 11, 2025.
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In a notable transaction, President & CEO Michael J. Hartnett has sold 3,000 shares of RBC Bearings stock, netting a substantial sum of $1,103,375.
Recent Updates on RBC stock
In the last 24 hours, RBC Bearings has seen its price targets raised by several financial institutions due to strong earnings and growth prospects. Morgan Stanley increased its price target citing strong management execution and gross margin expansion, with a focus on the company’s organic growth pipeline for FY26. Truist raised its target after RBC Bearings’ Q4 earnings exceeded expectations, highlighting re-accelerating industrial growth and potential in commercial aerospace as production rates recover. KeyBanc also raised its target, driven by optimistic growth prospects in Aerospace, Defense, and Industrial sectors, as well as positive market commentary. RBC Bearings’ recent earnings call underscored significant growth in Aerospace and Defense, debt reduction, and improved gross margins, leading to an optimistic outlook for fiscal 2026 with anticipated revenue growth and strong financial performance.
More about RBC Bearings
YTD Price Performance: 21.59%
Average Trading Volume: 173,655
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.39B