Vise Technologies Inc. Takes Position in RBC Bearings Incorporated $ROLL

Vise Technologies Inc. bought a new position in shares of RBC Bearings Incorporated (NASDAQ:ROLL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,092 shares of the company’s stock, valued at approximately $703,000.

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. purchased a new position in RBC Bearings in the 2nd quarter valued at about $1,962,222,000. Bank of New York Mellon Corp acquired a new stake in RBC Bearings in the 2nd quarter worth about $112,479,000. Deutsche Bank AG purchased a new stake in RBC Bearings during the 2nd quarter worth approximately $48,927,000. TimesSquare Capital Management LLC purchased a new stake in RBC Bearings during the 2nd quarter worth approximately $40,908,000. Finally, Lisanti Capital Growth LLC acquired a new position in shares of RBC Bearings during the second quarter valued at approximately $6,783,000.

RBC Bearings Price Performance

NASDAQ ROLL opened at $505.63 on Monday. The company has a market cap of $14.63 billion, a PE ratio of 245.45 and a beta of 1.34. The stock’s 50 day simple moving average is $589.48 and its 200-day simple moving average is $576.07. 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.