State of New Jersey Common Pension Fund D Acquires New Stake in Ralliant Corporation $RAL

State of New Jersey Common Pension Fund D acquired a new stake in Ralliant Corporation (NYSE:RAL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 36,810 shares of the company’s stock, valued at approximately $1,785,000.

Several other large investors have also recently bought and sold shares of RAL. AlphaQuest LLC purchased a new stake in shares of Ralliant in the 2nd quarter worth about $405,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Ralliant in the second quarter valued at about $1,556,000. Asset Management One Co. Ltd. purchased a new stake in shares of Ralliant in the second quarter valued at about $2,462,000. Paralel Advisors LLC purchased a new stake in Ralliant in the 2nd quarter valued at approximately $590,000. Finally, Capital Investment Services of America Inc. purchased a new stake in Ralliant in the 2nd quarter valued at approximately $686,000.

Ralliant Trading Up 0.4%

NYSE RAL opened at $43.80 on Monday. The stock has a 50-day moving average price of $42.94. The company has a market cap of $4.94 billion and a PE ratio of 65.37. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. Ralliant Corporation has a 52 week low of $40.70 and a 52 week high of $55.08.

Ralliant (NYSE:RAL) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.07. The business 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s payout ratio is currently 29.85%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on RAL shares. Morgan Stanley initiated coverage on shares of Ralliant in a report on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 target price on the stock. Wall Street Zen raised shares of Ralliant to a “hold” rating in a research note on Sunday, July 13th. Citigroup initiated coverage on shares of Ralliant in a research note on Monday, July 21st. They set a “neutral” rating and a $53.00 price objective on the stock. Barclays reduced their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Finally, Melius began coverage on Ralliant in a research note on Tuesday, July 22nd. They set a “hold” rating and a $56.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $55.13.

Ralliant 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.