Guinness Asset Management LTD Invests $86,000 in Ralliant Corporation $RAL

Guinness Asset Management LTD acquired a new position in shares of Ralliant Corporation (NYSE:RAL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,765 shares of the company’s stock, valued at approximately $86,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nordea Investment Management AB purchased a new stake in shares of Ralliant during the 2nd quarter worth about $29,477,000. TD Asset Management Inc bought a new stake in shares of Ralliant in the 2nd quarter valued at approximately $13,190,000. New York State Teachers Retirement System acquired a new position in Ralliant in the second quarter worth approximately $5,094,000. Aberdeen Group plc bought a new position in Ralliant during the second quarter valued at approximately $5,042,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Ralliant in the second quarter valued at approximately $4,922,000.

Analysts Set New Price Targets

RAL has been the topic of a number of recent research reports. Royal Bank Of Canada upgraded shares of Ralliant to a “hold” rating in a report on Tuesday, August 19th. Seaport Res Ptn upgraded Ralliant to a “hold” rating in a report on Monday, July 14th. Melius started coverage on Ralliant in a research report on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 price target for the company. Barclays lowered their price objective on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a report on Wednesday, August 13th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Ralliant in a research note on Wednesday, October 8th. Four equities 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 company. According to data from MarketBeat.com, Ralliant has a consensus rating of “Hold” and an average target price of $55.13.

Ralliant Stock Performance

Shares of NYSE:RAL opened at $43.43 on Monday. 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 $42.87. 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.

Ralliant (NYSE:RAL) last announced its earnings results 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 business had revenue of $503.30 million for 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 Dividend Announcement

The business also recently disclosed a — dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 8th were paid a $0.05 dividend. The ex-dividend date was Monday, September 8th. Ralliant’s dividend payout ratio (DPR) is presently 29.85%.

About Ralliant

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.