ASO GROUP Ltd purchased a new stake in Ralliant Corporation (NYSE:RAL – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 73,074 shares of the company’s stock, valued at approximately $3,720,000. Ralliant comprises 1.5% of ASO GROUP Ltd’s investment portfolio, making the stock its 11th biggest holding.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Allworth Financial LP grew its position in shares of Ralliant by 134.4% in the fourth quarter. Allworth Financial LP now owns 511 shares of the company’s stock valued at $26,000 after purchasing an additional 293 shares during the last quarter. Rothschild Investment LLC grew its position in shares of Ralliant by 98.1% in the fourth quarter. Rothschild Investment LLC now owns 612 shares of the company’s stock valued at $31,000 after purchasing an additional 303 shares during the last quarter. Keybank National Association OH grew its position in shares of Ralliant by 1.6% in the fourth quarter. Keybank National Association OH now owns 19,667 shares of the company’s stock valued at $1,001,000 after purchasing an additional 305 shares during the last quarter. SouthState Bank Corp grew its position in shares of Ralliant by 48.2% in the fourth quarter. SouthState Bank Corp now owns 1,052 shares of the company’s stock valued at $54,000 after purchasing an additional 342 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Ralliant by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 25,800 shares of the company’s stock valued at $1,313,000 after purchasing an additional 400 shares during the last quarter.
Analysts Set New Price Targets
RAL has been the subject of several research reports. Evercore initiated coverage on shares of Ralliant in a research note on Tuesday. They issued an “outperform” rating and a $80.00 target price for the company. Zacks Research upgraded shares of Ralliant from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Royal Bank Of Canada increased their target price on shares of Ralliant from $47.00 to $64.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 13th. Truist Financial reiterated a “buy” rating and issued a $68.00 target price (up from $53.00) on shares of Ralliant in a research note on Wednesday, May 13th. Finally, Citigroup increased their target price on shares of Ralliant from $51.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $67.30.
Ralliant Stock Up 5.1%
Shares of RAL opened at $65.66 on Friday. The stock has a market cap of $7.35 billion and a price-to-earnings ratio of -6.00. The company has a quick ratio of 1.05, a current ratio of 1.61 and a debt-to-equity ratio of 0.73. Ralliant Corporation has a 12 month low of $37.27 and a 12 month high of $65.91. The company has a 50-day moving average price of $52.57 and a two-hundred day moving average price of $49.71.
Ralliant (NYSE:RAL – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.08. The firm had revenue of $534.60 million during the quarter. Ralliant had a negative net margin of 58.55% and a positive return on equity of 12.49%. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Ralliant has set its FY 2026 guidance at 2.530-2.690 EPS and its Q2 2026 guidance at 0.580-0.640 EPS. Equities analysts predict that Ralliant Corporation will post 2.64 EPS for the current fiscal year.
Ralliant Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, June 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. Ralliant’s dividend payout ratio (DPR) is currently -1.83%.
Ralliant Company Profile
Ralliant, Inc (NYSE: RAL) is a medical technology company focused on enabling point-of-care cell therapy solutions in the field of regenerative medicine. The company develops and markets systems that isolate, concentrate and store adipose-derived stromal vascular fraction (SVF) cells directly from a patient’s own fat tissue, facilitating same-day, autologous treatments without the need for extensive laboratory infrastructure.
The company’s core product portfolio includes proprietary device platforms and single-use processing kits engineered to streamline the workflow for clinicians.
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