Ralliant Corporation (NYSE:RAL – Get Free Report) CEO Tamara Newcombe sold 12,936 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $65.30, for a total transaction of $844,720.80. Following the transaction, the chief executive officer directly owned 246,897 shares in the company, valued at $16,122,374.10. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ralliant Price Performance
Shares of RAL opened at $67.34 on Thursday. The business’s fifty day moving average is $66.84 and its 200 day moving average is $58.38. Ralliant Corporation has a 12-month low of $37.27 and a 12-month high of $75.41. The company has a quick ratio of 1.00, a current ratio of 1.52 and a debt-to-equity ratio of 0.75. The stock has a market cap of $7.45 billion, a P/E ratio of -6.21, a P/E/G ratio of 2.43 and a beta of 1.54.
Ralliant (NYSE:RAL – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%.The business had revenue of $567.80 million during the quarter. Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. Sell-side analysts anticipate that Ralliant Corporation will post 2.88 earnings per share for the current fiscal year.
Ralliant Dividend Announcement
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on RAL shares. BMO Capital Markets assumed coverage on Ralliant in a research note on Monday, July 20th. They issued a “market perform” rating and a $78.00 price objective for the company. Truist Financial reiterated a “buy” rating and set a $82.00 target price (up from $68.00) on shares of Ralliant in a research note on Friday, July 31st. Zacks Research raised shares of Ralliant from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Oppenheimer increased their price target on shares of Ralliant from $75.00 to $80.00 and gave the company an “outperform” rating in a research report on Wednesday, September 9th. Finally, Morgan Stanley raised their price objective on shares of Ralliant from $68.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ralliant presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.20.
Check Out Our Latest Report on Ralliant
Institutional Trading of Ralliant
A number of large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Ralliant during the 2nd quarter worth $1,039,481,000. Millennium Management LLC raised its stake in Ralliant by 172.4% in the 4th quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock valued at $253,175,000 after acquiring an additional 3,147,660 shares during the period. Flossbach Von Storch SE purchased a new stake in Ralliant during the second quarter valued at about $222,460,000. Norges Bank purchased a new stake in Ralliant during the fourth quarter valued at about $124,687,000. Finally, Geode Capital Management LLC boosted its position in Ralliant by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 1,872,647 shares of the company’s stock worth $95,357,000 after purchasing an additional 17,893 shares during the period.
Ralliant Company Profile
Ralliant is a global industrial technology company that develops and provides mission-critical products and solutions for customers across industrial, electrical, electronic, utility and related markets. The company focuses on helping customers measure, monitor, test, maintain and improve the performance, safety and reliability of their assets and operations.
Ralliant’s portfolio includes electronic test and measurement instruments, industrial condition-monitoring systems, electrical testing equipment, reliability and maintenance software, sensors and related controls.
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