MAI Capital Management Takes $66,000 Position in Ralliant Corporation $RAL

MAI Capital Management acquired a new position in Ralliant Corporation (NYSE:RAL) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,363 shares of the company’s stock, valued at approximately $66,000.

Several other large investors have also recently added to or reduced their stakes in RAL. ST Germain D J Co. Inc. acquired a new position in Ralliant during the 2nd quarter worth $27,000. Evermay Wealth Management LLC bought a new stake in shares of Ralliant during the second quarter valued at about $32,000. SouthState Corp acquired a new stake in Ralliant in the second quarter worth about $35,000. Nomura Asset Management Co. Ltd. acquired a new stake in Ralliant in the second quarter worth about $38,000. Finally, CX Institutional bought a new position in Ralliant in the 2nd quarter valued at about $47,000.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Oppenheimer assumed coverage on shares of Ralliant in a research note on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price target for the company. Morgan Stanley began coverage on Ralliant in a report on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 target price on the stock. Royal Bank Of Canada increased their price target on Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a research note on Friday, November 7th. Barclays dropped their price objective on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Ralliant in a report on Wednesday. Four investment 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $55.75.

Ralliant Stock Performance

Shares of NYSE:RAL opened at $49.37 on Friday. The firm has a market cap of $5.57 billion and a P/E ratio of 38.87. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 1.03. The firm’s fifty day moving average is $44.63. Ralliant Corporation has a one year low of $40.70 and a one year high of $55.08.

Ralliant (NYSE:RAL) last announced its earnings results on Wednesday, November 5th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The company had revenue of $529.10 million for the quarter, compared to analyst estimates of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Monday, December 8th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, December 8th. Ralliant’s payout ratio is presently 15.75%.

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.