Edward Stewart Biography and Net Worth

Director of RBC Bearings


Edward D. Stewart has been a director since 2013. Mr. Stewart is the former Chairman of the Board of ATC Technology Corporation and has served on other company boards and audit committees. Mr. Stewart has many years of financial and operational experience with General Electric Company including as Executive Vice President of GE Capital and Chief Financial Officer of a number of other GE businesses. Mr. Stewart formerly served as a member of the Board of Directors of Nordstrom fsb, a formerly wholly owned subsidiary of Nordstrom, Inc. and a member of its audit and investment committees. Mr. Stewart earned a Bachelor of Arts degree in Economics from Tufts University. His extensive financial experience qualifies him as a "Financial Expert" for our Audit Committee. In addition, his service as a director of other publicly-traded and private companies is a valuable resource to the Board.

What is Edward Stewart's net worth?

The estimated net worth of Edward Stewart is at least $5.63 million as of February 28th, 2023. Mr. Stewart owns 23,083 shares of RBC Bearings stock worth more than $5,631,790 as of April 24th. This net worth estimate does not reflect any other investments that Mr. Stewart may own. Learn More about Edward Stewart's net worth.

How do I contact Edward Stewart?

The corporate mailing address for Mr. Stewart and other RBC Bearings executives is ONE TRIBOLOGY CENTER, OXFORD CT, 06478. RBC Bearings can also be reached via phone at (203) 267-7001 and via email at [email protected]. Learn More on Edward Stewart's contact information.

Has Edward Stewart been buying or selling shares of RBC Bearings?

Edward Stewart has not been actively trading shares of RBC Bearings within the last three months. Most recently, Edward Stewart sold 2,000 shares of the business's stock in a transaction on Tuesday, February 28th. The shares were sold at an average price of $235.32, for a transaction totalling $470,640.00. Following the completion of the sale, the director now directly owns 23,083 shares of the company's stock, valued at $5,431,891.56. Learn More on Edward Stewart's trading history.

Who are RBC Bearings' active insiders?

RBC Bearings' insider roster includes Michael Ambrose (Director), John Avampato (VP), Patrick Bannon (VP), Daniel Bergeron (COO), Scott Brown (Insider), Richard Crowell (Director), Richard Edwards (VP), John Feeney (VP), Dean Foate (Director), Michael Hartnett (CEO), Steven Kaplan (Director), John Kunze (Insider), Alan Levine (Director), Edward Stewart (Director), and Robert Sullivan (CFO). Learn More on RBC Bearings' active insiders.

Are insiders buying or selling shares of RBC Bearings?

In the last twelve months, insiders at the industrial products company sold shares 13 times. They sold a total of 67,871 shares worth more than $17,411,959.22. The most recent insider tranaction occured on February, 21st when COO Daniel A Bergeron sold 15,000 shares worth more than $4,008,300.00. Insiders at RBC Bearings own 2.9% of the company. Learn More about insider trades at RBC Bearings.

Information on this page was last updated on 2/21/2024.

Edward Stewart Insider Trading History at RBC Bearings

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/28/2023Sell2,000$235.32$470,640.0023,083View SEC Filing Icon  
8/10/2022Sell3,000$252.45$757,350.0025,083View SEC Filing Icon  
5/27/2021Sell1,600$193.38$309,408.00View SEC Filing Icon  
12/23/2020Sell917$178.84$163,996.28View SEC Filing Icon  
8/14/2014Buy2,000$58.54$117,080.00View SEC Filing Icon  
2/26/2014Buy1,500$64.58$96,870.007,000View SEC Filing Icon  
11/18/2013Buy2,250$66.83$150,367.505,500View SEC Filing Icon  
8/26/2013Buy1,250$60.12$75,150.003,250View SEC Filing Icon  
6/18/2013Buy1,000$52.44$52,440.00View SEC Filing Icon  
See Full Table

Edward Stewart Buying and Selling Activity at RBC Bearings

This chart shows Edward Stewart's buying and selling at RBC Bearings by year and by quarter.

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RBC Bearings Company Overview

RBC Bearings logo
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. In addition, it offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear & maxum, and controlled start transmission. Further, the company produces power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. The company was founded in 1919 and is headquartered in Oxford, Connecticut.
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Today's Range

Now: $243.98
Low: $242.59
High: $247.74

50 Day Range

MA: $264.26
Low: $242.79
High: $276.33

2 Week Range

Now: $243.98
Low: $195.18
High: $288.16

Volume

54,976 shs

Average Volume

121,550 shs

Market Capitalization

$6.88 billion

P/E Ratio

40.80

Dividend Yield

N/A

Beta

1.45