Arrowstreet Capital Limited Partnership Takes Position in Ralliant Corporation $RAL

Arrowstreet Capital Limited Partnership purchased a new stake in Ralliant Corporation (NYSE:RAL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 226,097 shares of the company’s stock, valued at approximately $10,963,000. Arrowstreet Capital Limited Partnership owned about 0.20% of Ralliant as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new stake in Ralliant during the second quarter valued at about $70,000. Nordea Investment Management AB purchased a new stake in Ralliant during the 2nd quarter valued at $29,477,000. Cullen Frost Bankers Inc. purchased a new position in Ralliant during the 2nd quarter valued at about $144,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Ralliant in the second quarter valued at $1,410,000. Finally, iA Global Asset Management Inc. bought a new position in Ralliant in the second quarter worth about $285,000.

Ralliant Trading Down 0.8%

Shares of RAL stock opened at $50.90 on Wednesday. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08. The firm has a market capitalization of $5.74 billion and a P/E ratio of 40.08. 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 business’s fifty day simple moving average is $45.58.

Ralliant (NYSE:RAL) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 earnings per share for the quarter, beating 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 announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Monday, December 8th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s dividend payout ratio is presently 15.75%.

Analysts Set New Price Targets

A number of analysts have recently commented on RAL shares. Barclays dropped their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 13th. Oppenheimer began coverage on shares of Ralliant in a research note on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price objective on the stock. Royal Bank Of Canada increased their target price on shares of Ralliant from $45.00 to $52.00 and gave the stock a “sector perform” rating in a report on Friday, November 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ralliant in a research report on Tuesday, December 2nd. Finally, Citigroup upgraded Ralliant from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $53.00 to $61.00 in a research report on Monday. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $56.75.

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.