King Luther Capital Management Corp Takes Position in Ralliant Corporation $RAL

King Luther Capital Management Corp bought a new position in shares of Ralliant Corporation (NYSE:RAL) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 149,317 shares of the company’s stock, valued at approximately $7,240,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. ST Germain D J Co. Inc. purchased a new position in Ralliant in the 2nd quarter valued at approximately $27,000. Evermay Wealth Management LLC acquired a new stake in shares of Ralliant in the second quarter valued at $32,000. SouthState Corp purchased a new position in Ralliant in the second quarter valued at $35,000. CX Institutional purchased a new position in Ralliant in the second quarter valued at $47,000. Finally, Hartford Financial Management Inc. acquired a new position in Ralliant during the 2nd quarter worth $48,000.

Wall Street Analyst Weigh In

RAL has been the topic of a number of analyst reports. Wall Street Zen raised Ralliant to a “hold” rating in a research report on Sunday, July 13th. Oppenheimer started coverage on shares of Ralliant in a research note on Wednesday, September 10th. They set an “outperform” rating and a $55.00 target price on the stock. TD Cowen initiated coverage on shares of Ralliant in a research note on Tuesday, July 15th. They issued a “buy” rating and a $64.00 price target for the company. Royal Bank Of Canada boosted their price target on shares of Ralliant from $45.00 to $52.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, Evercore ISI started coverage on shares of Ralliant in a report on Friday, July 18th. They issued an “in-line” rating and a $52.00 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 given a Sell rating to the company. According to MarketBeat.com, Ralliant presently has an average rating of “Hold” and an average target price of $55.75.

Ralliant Stock Performance

Shares of NYSE RAL opened at $46.67 on Monday. The stock’s 50-day simple moving average is $43.23. The firm has a market cap of $5.26 billion and a price-to-earnings ratio of 69.65. Ralliant Corporation has a fifty-two week low of $40.70 and a fifty-two week high of $55.08. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.39.

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

Ralliant Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s dividend payout ratio (DPR) is 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.