Evermay Wealth Management LLC bought a new position in Ralliant Corporation (NYSE:RAL – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 664 shares of the company’s stock, valued at approximately $32,000.
A number of other large investors also recently modified their holdings of the company. Nordea Investment Management AB bought a new position in shares of Ralliant in the 2nd quarter worth $29,477,000. TD Asset Management Inc bought a new position in shares of Ralliant in the 2nd quarter worth $13,190,000. New York State Teachers Retirement System bought a new position in shares of Ralliant in the 2nd quarter worth $5,094,000. Aberdeen Group plc bought a new position in shares of Ralliant in the 2nd quarter worth $5,042,000. Finally, Robeco Institutional Asset Management B.V. bought a new position in shares of Ralliant in the 2nd quarter worth $4,802,000.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on RAL. Melius Research upgraded Ralliant to a “hold” rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada upgraded Ralliant to a “hold” rating in a research note on Tuesday, August 19th. Oppenheimer began coverage on Ralliant in a research note on Wednesday, September 10th. They set an “outperform” rating and a $55.00 price objective on the stock. Evercore ISI began coverage on Ralliant in a research note on Friday, July 18th. They set an “in-line” rating and a $52.00 price objective on the stock. Finally, Morgan Stanley began coverage on Ralliant in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $55.13.
Ralliant Price Performance
Shares of NYSE RAL opened at $42.51 on Tuesday. The firm’s fifty day moving average price is $42.95. Ralliant Corporation has a 1-year low of $40.70 and a 1-year high of $55.08. 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 released its quarterly earnings data on Monday, August 11th. The company reported $0.67 EPS 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 analysts’ expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Announces Dividend
The firm also recently announced a — dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th were given a dividend of $0.05 per share. The ex-dividend date was Monday, September 8th.
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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