Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and transmission products worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, distributed energy, microgrid, rental marine, agriculture, healthcare, mobile, and defense markets; and switchgear for healthcare, government, and waste water applications, as well as residential, commercial, and industrial applications. The Climate Solutions segment provides fractional motors, electronic variable speed controls, and blowers for use in a residential and light commercial air moving applications; and fractional horsepower motors and blowers for white goods, water heating equipment, small pumps, compressors, and fans. The Power Transmission Solutions segment offers bearings; conveyors; disc, diaphragms, gear and flexible couplings, transmission elements, gears, grids, jaws, elastomers, and disc couplings; mechanical power transmission drives and components; and worm gearing, shaft configuration, helical offset, concentric and right angle, bevel and miter gearing, and spur gearing products, as well as modular plastic belts, conveying chains, and hydraulic pump drives. This segment serves beverage, bulk handling, metal, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly to original equipment manufacturers and end-users through a network of direct and independent sales representatives, and distributors. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.
IPO Year: 2022
Exchange: NYSE
Website: regalbeloit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/21/2024 | $330.00 → $335.00 | Buy → Neutral | BofA Securities |
| 6/28/2024 | Mkt Perform | Raymond James | |
| 5/29/2024 | Outperform | William Blair | |
| 11/29/2023 | $230.00 → $280.00 | Underperform → Buy | BofA Securities |
| 8/9/2023 | $267.00 | Neutral → Overweight | Alembic Global Advisors |
| 1/10/2023 | $269.00 → $220.00 | Overweight → Equal Weight | Wells Fargo |
| 12/20/2022 | $217.00 | Overweight → Neutral | Alembic Global Advisors |
| 9/23/2021 | $180.00 | Buy | Loop Capital |
| 9/8/2021 | $175.00 → $185.00 | Overweight | Keybanc |
| 7/29/2021 | $165.00 → $175.00 | Overweight | Keybanc |
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
3 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
4 - RBC Bearings INC (0001324948) (Issuer)
BofA Securities downgraded RBC Bearings from Buy to Neutral and set a new price target of $335.00 from $330.00 previously
Raymond James initiated coverage of RBC Bearings with a rating of Mkt Perform
William Blair resumed coverage of RBC Bearings with a rating of Outperform
BofA Securities upgraded RBC Bearings from Underperform to Buy and set a new price target of $280.00 from $230.00 previously
Alembic Global Advisors upgraded RBC Bearings from Neutral to Overweight and set a new price target of $267.00
Wells Fargo downgraded RBC Bearings from Overweight to Equal Weight and set a new price target of $220.00 from $269.00 previously
Alembic Global Advisors downgraded RBC Bearings from Overweight to Neutral and set a new price target of $217.00
Loop Capital initiated coverage of Regal Beloit with a rating of Buy and set a new price target of $180.00
Keybanc reiterated coverage of Regal Beloit with a rating of Overweight and set a new price target of $185.00 from $175.00 previously
Keybanc reiterated coverage of Regal Beloit with a rating of Overweight and set a new price target of $175.00 from $165.00 previously
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025. Second Quarter Financial Highlights Net sales of $397.9 million increased 3.2% over last year, Aerospace/Defense up 12.5% and Industrial down 1.4%. Gross margin of 43.7% compared to 43.1% last year. Net income attributable to common stockholders increased 5.6% over last year, up 6.2% on an adjusted basis. Diluted EPS was $1.65, a 4.4% increase over last year; Adjusted Diluted EPS was $2.29, a 5.1% increase over last year.
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its second quarter fiscal 2025 financial results before the market opens on Friday, November 1st. RBC Bearings will host a conference call to discuss the results on Friday, November 1st at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will recap th
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter fiscal 2025. First Quarter Financial Highlights First quarter net sales of $406.3 million increased 5.0% over last year, Aerospace/Defense up 23.7% and Industrial down 3.5%. Gross margin of 45.3% for the first quarter of fiscal 2025 compared to 43.4% last year. First quarter net income attributable to common stockholders as a percentage of net sales of 13.7% vs 11.4% last year. Adjusted EBITDA as a percentage of net sales
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its first quarter fiscal 2025 financial results before the market opens on Friday, August 2nd. RBC Bearings will host a conference call to discuss the results on Friday, August 2nd at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will rec
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the fourth quarter and full year fiscal 2024. Fourth Quarter Financial Highlights Fourth quarter net sales of $413.7 million increased 4.9% over last year, Aerospace/Defense up 16.8% and Industrial down 0.4%. Gross margin of 43.1% for the fourth quarter of fiscal 2024 compared to 42.2% last year. Fourth quarter net income attributable to common stockholders as a percentage of net sales of 13.5% vs 11.0% last year; Adjusted EBITDA as a percentag
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its fourth quarter fiscal 2024 financial results before the market opens on Friday, May 17th. RBC Bearings will host a conference call to discuss the results on Friday, May 17th at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will recap
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal 2024. Third Quarter Financial Highlights Third quarter net sales of $373.9 million increased 6.3% over last year, Aerospace/Defense up 22.5% and Industrial down 0.6%. Gross margin of 42.3% in the third quarter of fiscal 2024 compared to 41.5% for the same quarter last year. Third quarter net income as a percentage of net sales of 12.5% vs 10.3% last year; Adjusted EBITDA as a percentage of net sales of 29.3% vs 29.4%
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its third quarter fiscal 2024 financial results before the market open on Thursday, February 8th. RBC Bearings will host a conference call to discuss the results on Thursday, February 8th at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer w
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2024. Second Quarter Financial Highlights Second quarter net sales of $385.6 million increased 4.4% over last year, Aerospace/Defense up 22.9 % and Industrial down 2.8 %. Gross margin of 43.1% in the second quarter of fiscal 2024 compared to 40.9 % for the same quarter last year. Second quarter net income as a percentage of net sales of 13.4% vs 11.9% last year; Adjusted EBITDA as a percentage of net sales of 31.7 %
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its second quarter fiscal 2024 financial results before the market open on Thursday, November 9th. RBC Bearings will host a conference call to discuss the results on Thursday, November 9th at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer
SC 13G/A - RBC Bearings INC (0001324948) (Subject)
SC 13G/A - REGAL BELOIT CORP (0000082811) (Subject)
SC 13G/A - REGAL BELOIT CORP (0000082811) (Subject)
144 - RBC Bearings INC (0001324948) (Subject)
10-Q - RBC Bearings INC (0001324948) (Filer)
8-K - RBC Bearings INC (0001324948) (Filer)
8-K - RBC Bearings INC (0001324948) (Filer)
25-NSE - RBC Bearings INC (0001324948) (Subject)
8-K - RBC Bearings INC (0001324948) (Filer)
144 - RBC Bearings INC (0001324948) (Subject)
144 - RBC Bearings INC (0001324948) (Subject)
144 - RBC Bearings INC (0001324948) (Subject)
144 - RBC Bearings INC (0001324948) (Subject)
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it has been named to the Fortune® 100 Fastest-Growing Companies list for 2024. RBC Bearings placed 96th on the list, which ranks companies based on growth in revenue, profits, and stock returns. "We are honored to be included in Fortune's prestigious list of the fastest growing publicly traded companies," said Dr. Michael J. Hartnett, Chairman and Chief Executive Officer. "In the last 20 years, RBC has grown its annual revenue over 700%, reaching over $1.5 billion in f
BELOIT, Wis., Aug. 10, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, today announced the appointment of Theodore D. Crandall and Robin A. Walker-Lee to its Board of Directors, contingent on closing its planned merger with Rexnord Corporation's Process & Motion Control segment ("PMC"). Terms of the merger with PMC provide that Regal and Rexnord mutually agree on two independent directors from the Rexnord board of directors to be added to Regal's board, effective on the merger's closing date. The merger is on track to close in the second half of 2021
RBC Bearings (NYSE:RBC) has outperformed the market over the past 15 years by 6.04% on an annualized basis producing an average annual return of 18.04%. Currently, RBC Bearings has a market capitalization of $8.30 billion. Buying $100 In RBC: If an investor had bought $100 of RBC stock 15 years ago, it would be worth $1,195.56 today based on a price of $284.12 for RBC at the time of writing. RBC Bearings's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine
In the preceding three months, 5 analysts have released ratings for RBC Bearings (NYSE:RBC), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 2 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for RBC Bearings, presenting an average target of $305.0, a high estimate of $330.00, and a low estimate of $276.00. This upward t
Truist Securities analyst Michael Ciarmoli maintains RBC Bearings (NYSE:RBC) with a Buy and lowers the price target from $328 to $315.
RBC Bearings (NYSE:RBC) has outperformed the market over the past 10 years by 6.06% on an annualized basis producing an average annual return of 17.16%. Currently, RBC Bearings has a market capitalization of $8.40 billion. Buying $100 In RBC: If an investor had bought $100 of RBC stock 10 years ago, it would be worth $477.50 today based on a price of $287.52 for RBC at the time of writing. RBC Bearings's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine an
RBC Bearings (NYSE:RBC) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 2 0 0 3M Ago 0 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $302.5, along with a high estimate of $330.00 and a low estimate of $276.00. This upward trend is apparent, with t
Raymond James analyst Tim Thein initiates coverage on RBC Bearings (NYSE:RBC) with a Market Perform rating.
RBC Bearings's (NYSE:RBC) short percent of float has risen 11.25% since its last report. The company recently reported that it has 1.35 million shares sold short, which is 5.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.51 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i
Goldman Sachs analyst Joe Ritchie maintains RBC Bearings (NYSE:RBC) with a Neutral and raises the price target from $245 to $276.
Morgan Stanley analyst Kristine Liwag maintains RBC Bearings (NYSE:RBC) with a Overweight and raises the price target from $310 to $330.
Goldman Sachs analyst Joe Ritchie maintains RBC Bearings (NYSE:RBC) with a Neutral and raises the price target from $245 to $276.
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will participate in the Baird Global Industrial Conference on November 14, 2024 at the Ritz Carlton in Chicago, IL and the Goldman Sachs Industrials and Materials Conference on December 4, 2024 at the Conrad New York Downtown in New York, NY. Materials shared during the conference will be available online at: https://investor.rbcbearings.com. About RBC Bearings RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision b
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025. Second Quarter Financial Highlights Net sales of $397.9 million increased 3.2% over last year, Aerospace/Defense up 12.5% and Industrial down 1.4%. Gross margin of 43.7% compared to 43.1% last year. Net income attributable to common stockholders increased 5.6% over last year, up 6.2% on an adjusted basis. Diluted EPS was $1.65, a 4.4% increase over last year; Adjusted Diluted EPS was $2.29, a 5.1% increase over last year.
RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it has been named to the Fortune® 100 Fastest-Growing Companies list for 2024. RBC Bearings placed 96th on the list, which ranks companies based on growth in revenue, profits, and stock returns. "We are honored to be included in Fortune's prestigious list of the fastest growing publicly traded companies," said Dr. Michael J. Hartnett, Chairman and Chief Executive Officer. "In the last 20 years, RBC has grown its annual revenue over 700%, reaching over $1.5 billion in f
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its second quarter fiscal 2025 financial results before the market opens on Friday, November 1st. RBC Bearings will host a conference call to discuss the results on Friday, November 1st at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will recap th
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that its Board of Directors has elected Frederick J. Elmy as a director of the Company. Mr. Elmy is a Class III director and will serve until the Company's annual meeting of stockholders in 2025. Additionally, the Board of Directors has determined that he is an audit committee financial expert and appointed him to serve on the Company's Audit Committee. Chairman and Chief Executive Officer Dr. Michael J. Hartnett commented, "We are very excited to have Mr. Elmy joini
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will participate in the Morgan Stanley Laguna Conference on September 11, 2024, at The Ritz-Carlton, Laguna Niguel in Dana Point, CA. The Company will be represented by Chairman, President and Chief Executive Officer, Dr. Michael Hartnett. Materials shared during the conference will be available online at: https://investor.rbcbearings.com. About RBC Bearings RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered prec
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter fiscal 2025. First Quarter Financial Highlights First quarter net sales of $406.3 million increased 5.0% over last year, Aerospace/Defense up 23.7% and Industrial down 3.5%. Gross margin of 45.3% for the first quarter of fiscal 2025 compared to 43.4% last year. First quarter net income attributable to common stockholders as a percentage of net sales of 13.7% vs 11.4% last year. Adjusted EBITDA as a percentage of net sales
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its first quarter fiscal 2025 financial results before the market opens on Friday, August 2nd. RBC Bearings will host a conference call to discuss the results on Friday, August 2nd at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will rec
RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the fourth quarter and full year fiscal 2024. Fourth Quarter Financial Highlights Fourth quarter net sales of $413.7 million increased 4.9% over last year, Aerospace/Defense up 16.8% and Industrial down 0.4%. Gross margin of 43.1% for the fourth quarter of fiscal 2024 compared to 42.2% last year. Fourth quarter net income attributable to common stockholders as a percentage of net sales of 13.5% vs 11.0% last year; Adjusted EBITDA as a percentag
Webcast is Live at 11:00 a.m. (ET) RBC Bearings Incorporated (NYSE:RBC, RBCP))), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its fourth quarter fiscal 2024 financial results before the market opens on Friday, May 17th. RBC Bearings will host a conference call to discuss the results on Friday, May 17th at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Vice President and Chief Operating Officer; and Robert M. Sullivan, Vice President and Chief Financial Officer will recap