Callan Family Office LLC bought a new position in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the second quarter, Holdings Channel reports. The fund bought 24,174 shares of the company’s stock, valued at approximately $1,172,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. ST Germain D J Co. Inc. acquired a new stake in shares of Ralliant during the second quarter worth $27,000. CX Institutional acquired a new stake in shares of Ralliant during the second quarter worth $47,000. GAMMA Investing LLC acquired a new stake in shares of Ralliant during the second quarter worth $56,000. ORG Partners LLC acquired a new stake in shares of Ralliant during the second quarter worth $70,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Ralliant during the second quarter worth $74,000.
Analyst Ratings Changes
A number of research analysts recently commented on RAL shares. TD Cowen started coverage on Ralliant in a research note on Tuesday, July 15th. They issued a “buy” rating and a $64.00 price target for the company. Barclays dropped their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a research note on Wednesday, August 13th. Melius started coverage on Ralliant in a research note on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 price target for the company. Wall Street Zen raised Ralliant to a “hold” rating in a research note on Sunday, July 13th. Finally, Morgan Stanley started coverage on Ralliant in a research note on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price target for the company. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Ralliant has a consensus rating of “Hold” and an average target price of $55.13.
Ralliant Trading Down 4.0%
Ralliant stock opened at $41.49 on Monday. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The company has a 50-day simple moving average of $43.09.
Ralliant (NYSE:RAL – Get Free Report) last released its earnings results on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The business had revenue of $503.30 million during the quarter, compared to the consensus estimate of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Announces Dividend
The company also recently declared a — dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 8th were issued 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.
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