Y Intercept Hong Kong Ltd acquired a new stake in shares of Ralliant Corporation (NYSE:RAL – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,838 shares of the company’s stock, valued at approximately $623,000.
Several other institutional investors and hedge funds have also recently modified their holdings of RAL. ORG Partners LLC bought a new stake in Ralliant in the second quarter worth $70,000. Nordea Investment Management AB bought a new stake in Ralliant in the second quarter worth $29,477,000. Cullen Frost Bankers Inc. bought a new stake in Ralliant in the second quarter worth $144,000. Tandem Capital Management Corp ADV bought a new stake in Ralliant in the second quarter worth $443,000. Finally, Capital Investment Services of America Inc. bought a new stake in Ralliant in the second quarter worth $686,000.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada upgraded shares of Ralliant to a “hold” rating in a research report on Tuesday, August 19th. TD Cowen assumed coverage on shares of Ralliant in a research report on Tuesday, July 15th. They issued a “buy” rating and a $64.00 price target on the stock. 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 on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Ralliant in a research report on Friday, October 31st. Finally, Seaport Res Ptn raised shares of Ralliant to a “hold” rating in a research note on Monday, July 14th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $55.13.
Ralliant Trading Up 2.7%
Shares of RAL opened at $44.35 on Thursday. The stock has a market capitalization of $5.00 billion and a price-to-earnings ratio of 66.20. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.59 and a quick ratio of 1.03. The company’s fifty day moving average is $43.06.
Ralliant (NYSE:RAL – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. Ralliant has set its Q4 2025 guidance at 0.620-0.680 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 paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, December 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.5%. Ralliant’s dividend payout ratio is 29.85%.
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.
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