KLP Kapitalforvaltning AS Takes $1.15 Million Position in Ralliant Corporation $RAL

KLP Kapitalforvaltning AS acquired a new stake in shares of Ralliant Corporation (NYSE:RAL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 23,701 shares of the company’s stock, valued at approximately $1,149,000.

A number of other hedge funds have also modified their holdings of the stock. ST Germain D J Co. Inc. acquired a new position in shares of Ralliant in the second quarter worth $27,000. CX Institutional bought a new stake in Ralliant during the second quarter valued at about $47,000. GAMMA Investing LLC bought a new stake in Ralliant during the second quarter valued at about $56,000. ORG Partners LLC bought a new stake in Ralliant during the second quarter valued at about $70,000. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in Ralliant during the second quarter valued at about $74,000.

Ralliant Stock Performance

Ralliant stock opened at $42.46 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The business’s 50-day moving average price is $43.04. Ralliant Corporation has a fifty-two week low of $40.70 and a fifty-two week high of $55.08.

Ralliant (NYSE:RAL) last announced its earnings results on Monday, August 11th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The company had revenue of $503.30 million for the quarter, compared to the consensus estimate of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Announces Dividend

The firm also recently disclosed a — dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 8th.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on RAL shares. Oppenheimer assumed coverage on shares of Ralliant in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price target for the company. Melius Research raised shares of Ralliant to a “hold” rating in a report on Tuesday, July 22nd. Evercore ISI started coverage on shares of Ralliant in a research note on Friday, July 18th. They issued an “in-line” rating and a $52.00 price objective on the stock. TD Cowen started coverage on shares of Ralliant in a research note on Tuesday, July 15th. They issued a “buy” rating and a $64.00 price objective on the stock. Finally, Seaport Res Ptn raised shares of Ralliant to a “hold” rating in a research report on Monday, July 14th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ralliant has an average rating of “Hold” and a consensus target price of $55.13.

About Ralliant

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.