Ralliant (NYSE:RAL – Free Report) had its price target boosted by Citigroup from $85.00 to $88.00 in a report published on Thursday,Benzinga reports. They currently have a buy rating on the stock.
Several other research analysts have also issued reports on the stock. BMO Capital Markets started coverage on shares of Ralliant in a research note on Monday, July 20th. They issued a “market perform” rating and a $78.00 price target for the company. Royal Bank Of Canada boosted their price objective on shares of Ralliant from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research note on Thursday. Evercore restated an “outperform” rating on shares of Ralliant in a report on Tuesday, September 22nd. Wall Street Zen cut shares of Ralliant from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 30th. Finally, Weiss Ratings downgraded shares of Ralliant from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Ralliant currently has an average rating of “Moderate Buy” and a consensus target price of $78.40.
Get Our Latest Analysis on Ralliant
Ralliant Price Performance
Shares of RAL stock opened at $62.44 on Thursday. The business’s fifty day moving average is $68.04 and its 200 day moving average is $58.92. The company has a quick ratio of 1.00, a current ratio of 1.65 and a debt-to-equity ratio of 0.71. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of -5.99, a PEG ratio of 2.60 and a beta of 1.42. Ralliant has a twelve month low of $37.27 and a twelve month high of $75.41.
Ralliant (NYSE:RAL – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.77 by $0.16. The business had revenue of $620.10 million during the quarter. Ralliant had a positive return on equity of 20.40% and a negative net margin of 52.10%. The business’s quarterly revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. Research analysts expect that Ralliant will post 2.93 EPS for the current fiscal year.
Ralliant Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 23rd. Shareholders of record on Tuesday, December 8th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, December 8th. Ralliant’s payout ratio is -1.92%.
Insiders Place Their Bets
In other news, CEO Tamara Newcombe sold 12,936 shares of the firm’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $70.58, for a total transaction of $913,022.88. Following the completion of the transaction, the chief executive officer directly owned 246,897 shares in the company, valued at $17,425,990.26. This trade represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen Bick sold 6,062 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.00, for a total value of $436,464.00. Following the transaction, the senior vice president owned 31,668 shares of the company’s stock, valued at $2,280,096. The trade was a 16.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 44,870 shares of company stock worth $3,122,883. Insiders own 0.42% of the company’s stock.
Institutional Trading of Ralliant
Institutional investors and hedge funds have recently bought and sold shares of the company. Dunhill Financial LLC purchased a new position in Ralliant in the second quarter worth about $25,000. Nolet Wealth Management LLC lifted its stake in shares of Ralliant by 9.5% in the third quarter. Nolet Wealth Management LLC now owns 4,162 shares of the company’s stock worth $288,000 after buying an additional 362 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Ralliant by 42.8% during the second quarter. GAMMA Investing LLC now owns 1,274 shares of the company’s stock valued at $94,000 after buying an additional 382 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Ralliant by 230.1% during the second quarter. Versant Capital Management Inc now owns 604 shares of the company’s stock valued at $44,000 after buying an additional 421 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new stake in shares of Ralliant during the second quarter valued at approximately $35,000.
Ralliant News Summary
Here are the key news stories impacting Ralliant this week:
- Positive Sentiment: Ralliant beat third-quarter expectations: adjusted EPS was $0.93 versus $0.77 expected, while revenue reached $620 million, up 17% year over year. The company also raised its full-year outlook, supporting expectations for continued growth. Ralliant Reports Third Quarter 2026 Results and Raises Full Year Guidance
- Positive Sentiment: Several analysts raised price targets after the results. Citigroup lifted its target to $88 and maintained a Buy rating; Truist raised its target to $88 from $82 and reiterated Buy. Citigroup recommendations Truist raises price target
- Neutral Sentiment: RBC raised its price target slightly, from $72 to $73, but kept a Sector Perform rating, signaling a more measured view. RBC raises price target
- Neutral Sentiment: Ralliant is scheduled to present at Baird’s 2026 Global Industrial Conference; the announcement did not include new financial guidance or operating details. Ralliant to present at Baird’s conference
About Ralliant
Ralliant Corporation (NYSE: RAL) is an industrial technology company that develops and supplies highly engineered products and solutions for customers with demanding measurement, monitoring, sensing and reliability requirements. Its offerings are designed to support the performance, safety and efficiency of industrial equipment and processes.
The company’s portfolio includes test and measurement instruments, sensing and monitoring technologies, power and electrical solutions, and products used to improve the reliability and maintenance of industrial assets.
Featured Stories
- Five stocks we like better than Ralliant
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Ralliant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ralliant and related companies with MarketBeat.com's FREE daily email newsletter.
