AG2R LA Mondiale Gestion D Actifs bought a new position in Ralliant Corporation (NYSE:RAL – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 5,567 shares of the company’s stock, valued at approximately $270,000.
Other large investors have also added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D purchased a new position in shares of Ralliant during the 2nd quarter worth approximately $1,785,000. AlphaQuest LLC bought a new stake in Ralliant during the second quarter valued at approximately $405,000. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Ralliant in the second quarter worth approximately $1,556,000. Asset Management One Co. Ltd. bought a new position in shares of Ralliant in the second quarter worth approximately $2,462,000. Finally, Paralel Advisors LLC purchased a new position in shares of Ralliant in the second quarter worth $590,000.
Analysts Set New Price Targets
A number of research firms recently issued reports on RAL. Morgan Stanley began coverage on shares of Ralliant in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 price target on the stock. Melius started coverage on shares of Ralliant in a report on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 price target on the stock. Melius Research raised shares of Ralliant to a “hold” rating in a research report on Tuesday, July 22nd. Evercore ISI started coverage on shares of Ralliant in a report on Friday, July 18th. They set an “in-line” rating and a $52.00 target price for the company. Finally, TD Cowen initiated coverage on shares of Ralliant in a research note on Tuesday, July 15th. They set a “buy” rating and a $64.00 target price on the stock. 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $55.13.
Ralliant Stock Down 0.1%
Shares of RAL opened at $43.43 on Monday. The firm has a market capitalization of $4.90 billion and a P/E ratio of 64.82. Ralliant Corporation has a 52-week low of $40.70 and a 52-week high of $55.08. The company has a 50 day simple moving average of $42.87. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.59 and a quick ratio of 1.03.
Ralliant (NYSE:RAL – Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.07. The firm had revenue of $503.30 million during 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 firm also recently disclosed a — dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th were given a $0.05 dividend. The ex-dividend date was Monday, September 8th. Ralliant’s dividend payout ratio is presently 29.85%.
Ralliant Company 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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