Callan Family Office LLC Buys Shares of 13,832 RBC Bearings Incorporated $ROLL

Callan Family Office LLC bought a new stake in shares of RBC Bearings Incorporated (NASDAQ:ROLL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,832 shares of the company’s stock, valued at approximately $8,908,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. C M Bidwell & Associates Ltd. purchased a new position in RBC Bearings during the 2nd quarter valued at $25,000. Danske Bank A S bought a new position in RBC Bearings in the 2nd quarter valued at $39,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in RBC Bearings in the second quarter worth $53,000. Virtus Advisers LLC purchased a new stake in RBC Bearings in the second quarter worth $99,000. Finally, OneAscent Financial Services LLC bought a new stake in shares of RBC Bearings during the second quarter worth $232,000.

RBC Bearings Trading Down 3.1%

Shares of ROLL opened at $504.61 on Friday. The firm has a market capitalization of $14.60 billion, a P/E ratio of 244.96 and a beta of 1.34. RBC Bearings Incorporated has a 12-month low of $152.90 and a 12-month high of $264.94. The firm has a fifty day moving average price of $589.48 and a 200-day moving average price of $575.53.

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.