Whittier Trust Co. Makes New $1.07 Million Investment in Ralliant Corporation $RAL

Whittier Trust Co. purchased a new position in shares of Ralliant Corporation (NYSE:RAL) in the 2nd quarter, Holdings Channel reports. The firm purchased 21,979 shares of the company’s stock, valued at approximately $1,066,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in RAL. ST Germain D J Co. Inc. purchased a new stake in shares of Ralliant in the second quarter valued at $27,000. Evermay Wealth Management LLC acquired a new position in shares of Ralliant during the second quarter worth about $32,000. CX Institutional acquired a new position in shares of Ralliant during the second quarter worth about $47,000. Hazlett Burt & Watson Inc. acquired a new position in shares of Ralliant during the second quarter worth about $53,000. Finally, GAMMA Investing LLC acquired a new position in shares of Ralliant during the second quarter worth about $56,000.

Analyst Upgrades and Downgrades

A number of brokerages have commented on RAL. Weiss Ratings restated a “sell (d+)” rating on shares of Ralliant in a research note on Wednesday, October 8th. Morgan Stanley began coverage on Ralliant in a research report on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 target price on the stock. Melius began coverage on Ralliant in a research report on Tuesday, July 22nd. They set a “hold” rating and a $56.00 target price on the stock. Evercore ISI began coverage on Ralliant in a research report on Friday, July 18th. They set an “in-line” rating and a $52.00 target price on the stock. Finally, Oppenheimer began coverage on Ralliant in a research report on Wednesday, September 10th. They set an “outperform” rating and a $55.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ralliant has an average rating of “Hold” and a consensus target price of $55.13.

Ralliant Stock Performance

Shares of NYSE RAL opened at $42.34 on Thursday. The company’s 50 day moving average price is $42.88. Ralliant Corporation has a 52-week low of $40.70 and a 52-week high of $55.08. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.59.

Ralliant (NYSE:RAL) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.07. The firm had revenue of $503.30 million for the quarter, compared to analyst estimates of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Announces Dividend

The company also recently disclosed a — dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th were paid 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.