<div id="readability-page-1"><p>Douglas Lane &amp; Associates LLC increased its holdings in  RBC Bearings Incorporated (NYSE:RBC - Free Report) by 1.7% in the 3rd quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 148,469 shares of the industrial products company's stock after purchasing an additional 2,472 shares during the period. Douglas Lane &amp; Associates LLC owned approximately 0.47% of RBC Bearings worth $57,946,000 at the end of the most recent quarter.</p><ul><li>RBC Bearings Stock is Rolling Forward</li></ul><p>A number of other institutional investors also recently added to or reduced their stakes in RBC. Artisan Partners Limited Partnership bought a new stake in shares of  RBC Bearings in the 2nd quarter valued at approximately $157,190,000.  Norges Bank bought a new stake in  RBC Bearings in the second quarter valued at $137,078,000.  Frontier Capital Management Co. LLC acquired a new position in  RBC Bearings during the second quarter worth $39,818,000.  Greenhouse Funds LLLP boosted its stake in shares of  RBC Bearings by 28.0% in the 2nd quarter. Greenhouse Funds LLLP now owns 227,434 shares of the industrial products company's stock valued at $87,517,000 after purchasing an additional 49,773 shares in the last quarter.  Finally, Jennison Associates LLC grew its holdings in shares of  RBC Bearings by 101.1% in the 2nd quarter. Jennison Associates LLC now owns 96,742 shares of the industrial products company's stock worth $37,226,000 after purchasing an additional 48,628 shares during the last quarter. </p><h2>Insider Transactions at RBC Bearings</h2><p>In related news, Director Steven H. Kaplan sold 700 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $443.00, for a total value of $310,100.00. Following the transaction, the director directly owned 1,999 shares in the company, valued at $885,557. This represents a 25.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP John J. Feeney sold 105 shares of RBC Bearings stock in a transaction on Friday, September 26th. The stock was sold at an average price of $382.83, for a total transaction of $40,197.15. Following the sale, the vice president directly owned 2,666 shares of the company's stock, valued at $1,020,624.78. This represents a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own  1.90% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities analysts recently issued reports on the stock. Bank of America raised shares of RBC Bearings from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and lifted their price target for the company from $390.00 to $500.00 in a report on Thursday, November 6th. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of RBC Bearings in a report on Monday, December 15th. Truist Financial  restated a &#34;buy&#34; rating and set a $471.00 price target (up from $455.00) on shares of RBC Bearings in a research report on Monday, November 3rd. Zacks Research downgraded RBC Bearings from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft  set a $527.00 target price on RBC Bearings and gave the stock a &#34;buy&#34; rating in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $463.17.</p><p><b>Get Our Latest Analysis on RBC Bearings</b></p><h2>RBC Bearings Stock Up 0.2%</h2><p>NYSE:RBC opened at $450.86 on Friday. The stock's fifty day moving average price is $426.84 and its two-hundred day moving average price is $400.16. The company has a market cap of $14.25 billion, a price-to-earnings ratio of 55.05, a P/E/G ratio of 3.15 and a beta of 1.53. RBC Bearings Incorporated has a 52-week low of $290.56 and a 52-week high of $465.80. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.13 and a current ratio of 3.18. </p><p>RBC Bearings (NYSE:RBC - Get Free Report) last released its earnings results on Monday, August 15th. The industrial products company reported $1.22 earnings per share for the quarter. The company had revenue of $156.21 million during the quarter. RBC Bearings had a return on equity of 10.47% and a net margin of 15.03%. On average, analysts anticipate that  RBC Bearings Incorporated will post 9.16 EPS for the current year. </p><h2>RBC Bearings Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than RBC Bearings</li><li>What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story</li><li>These 3 Banks Are Rallying Into Year-End, But Will It Continue?</li><li>5 discounted opportunities for dividend growth investors</li><li>3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&amp;P 500</li><li>How to Short a Stock in 5 Easy Steps </li><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJCQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJCQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in RBC Bearings Right Now?</h2><p>Before you consider RBC Bearings, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RBC Bearings wasn't on the list.</p><p>While RBC Bearings currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Douglas Lane & Associates LLC increased its stake in RBC Bearings by 1.7% in Q3, owning 148,469 shares worth $57.95 million. Other institutional investors also adjusted their positions. Insider transactions included sales by Director Steven H. Kaplan and VP John J. Feeney. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a price target of $463.17. RBC Bearings' stock opened at $450.86, with a market cap of $14.25 billion and a P/E ratio of 55.05.</p>

Douglas Lane & Associates LLC Has $57.95 Million Position in RBC Bearings Incorporated $RBC