Blair William & Co. IL acquired a new stake in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 84,904 shares of the company’s stock, valued at approximately $4,498,000.
A number of other institutional investors have also added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. purchased a new stake in Ralliant during the 2nd quarter valued at approximately $4,802,000. Mountain Pacific Investment Advisers LLC purchased a new stake in Ralliant during the 2nd quarter valued at approximately $3,455,000. State of Alaska Department of Revenue purchased a new stake in Ralliant during the 2nd quarter valued at approximately $2,788,000. Louisiana State Employees Retirement System purchased a new position in shares of Ralliant in the second quarter valued at $2,554,000. Finally, Maryland State Retirement & Pension System purchased a new position in shares of Ralliant in the second quarter valued at $1,866,000.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on RAL. Wall Street Zen raised shares of Ralliant to a “hold” rating in a report on Sunday, July 13th. Barclays cut their target price on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. Melius began coverage on shares of Ralliant in a report on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 target price for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ralliant in a report on Wednesday, October 8th. Finally, Melius Research raised shares of Ralliant to a “hold” rating in a report on Tuesday, July 22nd. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ralliant presently has a consensus rating of “Hold” and an average price target of $55.13.
Ralliant Stock Down 4.0%
NYSE RAL opened at $41.49 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38. The stock’s fifty day moving average price is $43.09. Ralliant Corporation has a 52 week low of $40.70 and a 52 week high of $55.08.
Ralliant (NYSE:RAL – Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The firm had revenue of $503.30 million for the quarter, compared to analysts’ expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Dividend Announcement
The firm also recently announced a — dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 8th were given a dividend of $0.05 per share. The ex-dividend date was Monday, September 8th.
Ralliant Profile
Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.
Featured Articles
- Five stocks we like better than Ralliant
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Microsoft 365 Premium Marks the Next Phase of AI Monetization
- Where Do I Find 52-Week Highs and Lows?
- Could Target’s Week of Discounts Come Full Circle for Investors?
- What is Forex and How Does it Work?
- 3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Want to see what other hedge funds are holding RAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ralliant Corporation (NYSE:RAL – Free Report).
Receive News & Ratings for Ralliant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ralliant and related companies with MarketBeat.com's FREE daily email newsletter.