Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Ralliant Corporation (NYSE:RAL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 32,816 shares of the company’s stock, valued at approximately $1,594,000.
A number of other large investors have also bought and sold shares of the stock. Farmers & Merchants Investments Inc. bought a new stake in shares of Ralliant in the 2nd quarter worth approximately $662,000. GAMMA Investing LLC purchased a new stake in Ralliant in the second quarter worth $56,000. Alpha Omega Wealth Management LLC bought a new stake in Ralliant in the second quarter valued at $213,000. Public Employees Retirement System of Ohio purchased a new position in Ralliant during the 2nd quarter valued at $1,799,000. Finally, TD Private Client Wealth LLC purchased a new position in Ralliant during the 2nd quarter valued at $284,000.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on RAL. Royal Bank Of Canada increased their price objective on Ralliant from $45.00 to $52.00 and gave the stock a “sector perform” rating in a report on Friday, November 7th. Barclays reduced their target price on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Ralliant in a research report on Thursday. Oppenheimer started coverage on shares of Ralliant in a research note on Wednesday, September 10th. They set an “outperform” rating and a $55.00 price objective on the stock. Finally, Morgan Stanley began coverage on shares of Ralliant in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 target price for the company. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Ralliant presently has an average rating of “Hold” and a consensus price target of $55.75.
Ralliant Price Performance
Shares of RAL opened at $45.93 on Friday. The stock has a market cap of $5.18 billion and a price-to-earnings ratio of 36.16. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.49. Ralliant Corporation has a 1 year low of $40.70 and a 1 year high of $55.08. The firm’s 50 day moving average is $44.04.
Ralliant (NYSE:RAL – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $529.10 million during 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders 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 yield of 0.4%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s dividend payout ratio (DPR) is 15.75%.
Ralliant Company 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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