9,408 Shares in Ralliant Corporation $RAL Bought by Assetmark Inc.

Assetmark Inc. acquired a new stake in shares of Ralliant Corporation (NYSE:RALFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,408 shares of the company’s stock, valued at approximately $456,000.

A number of other institutional investors have also recently made changes to their positions in the business. Farmers & Merchants Investments Inc. bought a new position in Ralliant in the second quarter worth approximately $662,000. GAMMA Investing LLC purchased a new position in Ralliant in the 2nd quarter worth $56,000. Alpha Omega Wealth Management LLC purchased a new stake in Ralliant in the second quarter valued at approximately $213,000. Public Employees Retirement System of Ohio purchased a new position in shares of Ralliant during the second quarter worth $1,799,000. Finally, TD Private Client Wealth LLC acquired a new stake in Ralliant during the second quarter worth about $284,000.

Ralliant Price Performance

Ralliant stock opened at $46.67 on Friday. The firm has a market capitalization of $5.26 billion and a PE ratio of 69.65. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.49. The company has a fifty day simple moving average of $43.23. Ralliant Corporation has a 1-year low of $40.70 and a 1-year high of $55.08.

Ralliant (NYSE:RALGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $529.10 million for the quarter, compared to analyst estimates of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Monday, December 8th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, December 8th. Ralliant’s dividend payout ratio is currently 29.85%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on RAL shares. TD Cowen assumed coverage on Ralliant in a research note on Tuesday, July 15th. They issued a “buy” rating and a $64.00 price target for the company. Oppenheimer assumed coverage on Ralliant in a report on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 target price for the company. Evercore ISI began coverage on Ralliant in a research note on Friday, July 18th. They set an “in-line” rating and a $52.00 target price for the company. Barclays lowered their price objective on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Finally, Royal Bank Of Canada lifted their price objective on shares of Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a report on Friday. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Ralliant has an average rating of “Hold” and a consensus price target of $55.75.

Read Our Latest Research Report on Ralliant

Ralliant Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ralliant Corporation (NYSE:RALFree Report).

Institutional Ownership by Quarter for Ralliant (NYSE:RAL)

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.