1,911 Shares in RBC Bearings Incorporated $ROLL Purchased by Commerce Bank

Commerce Bank purchased a new stake in RBC Bearings Incorporated (NASDAQ:ROLL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,911 shares of the company’s stock, valued at approximately $1,231,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROLL. C M Bidwell & Associates Ltd. acquired a new stake in RBC Bearings during the 2nd quarter worth approximately $25,000. Quantbot Technologies LP purchased a new position in shares of RBC Bearings in the 2nd quarter valued at approximately $27,000. Danske Bank A S acquired a new position in shares of RBC Bearings in the second quarter valued at approximately $39,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of RBC Bearings in the second quarter valued at approximately $53,000. Finally, Virtus Advisers LLC purchased a new stake in shares of RBC Bearings during the second quarter worth approximately $99,000.

RBC Bearings Price Performance

Shares of NASDAQ ROLL opened at $495.90 on Wednesday. The company has a market cap of $14.35 billion, a PE ratio of 240.73 and a beta of 1.34. The stock has a fifty day moving average price of $585.10 and a 200 day moving average price of $575.92. RBC Bearings Incorporated has a 1-year low of $152.90 and a 1-year high of $264.94.

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.