Candriam S.C.A. Takes Position in Ralliant Corporation $RAL

Candriam S.C.A. bought a new position in shares of Ralliant Corporation (NYSE:RAL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,751 shares of the company’s stock, valued at approximately $1,249,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. ST Germain D J Co. Inc. acquired a new stake in Ralliant during the 2nd quarter worth about $27,000. Evermay Wealth Management LLC acquired a new stake in Ralliant during the second quarter worth about $32,000. SouthState Corp acquired a new stake in Ralliant during the second quarter worth about $35,000. CX Institutional purchased a new position in Ralliant during the second quarter valued at approximately $47,000. Finally, Hartford Financial Management Inc. acquired a new position in Ralliant in the second quarter valued at approximately $48,000.

Ralliant Price Performance

Shares of Ralliant stock opened at $46.56 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average price is $43.77. The firm has a market capitalization of $5.25 billion and a PE ratio of 36.66. Ralliant Corporation has a 12 month low of $40.70 and a 12 month high of $55.08.

Ralliant (NYSE:RAL) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. The firm had revenue of $529.10 million for the quarter, compared to analysts’ expectations of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Monday, December 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.4%. Ralliant’s payout ratio is presently 15.75%.

Analyst Ratings Changes

Several research firms recently issued reports on RAL. Royal Bank Of Canada boosted their target price on shares of Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a research note on Friday, November 7th. Morgan Stanley initiated coverage on shares of Ralliant in a research report on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price objective for the company. Melius Research raised shares of Ralliant to a “hold” rating in a research note on Tuesday, July 22nd. Barclays cut their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a research note on Wednesday, August 13th. Finally, Oppenheimer initiated coverage on Ralliant in a research report on Wednesday, September 10th. They set an “outperform” rating and a $55.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ralliant presently has a consensus rating of “Hold” and an average price target of $55.75.

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.