State of Wyoming Makes New Investment in RBC Bearings Incorporated $ROLL

State of Wyoming bought a new position in RBC Bearings Incorporated (NASDAQ:ROLL) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,787 shares of the company’s stock, valued at approximately $1,151,000.

Separately, GSA Capital Partners LLP purchased a new position in shares of RBC Bearings during the second quarter valued at $281,000.

RBC Bearings Price Performance

ROLL stock opened at $560.49 on Friday. RBC Bearings Incorporated has a 1-year low of $152.90 and a 1-year high of $264.94. The business has a 50-day moving average price of $594.86 and a 200 day moving average price of $574.45. The company has a market capitalization of $16.22 billion, a P/E ratio of 272.08 and a beta of 1.34.

About RBC Bearings

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.