Brown Shipley& Co Ltd acquired a new stake in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,341 shares of the company’s stock, valued at approximately $259,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Liberty Capital Management Inc. purchased a new stake in Ralliant in the second quarter worth about $520,000. Truist Financial Corp purchased a new stake in Ralliant in the second quarter worth about $1,409,000. FARMERS & MERCHANTS TRUST Co OF LONG BEACH purchased a new stake in Ralliant in the second quarter worth about $356,000. V Square Quantitative Management LLC purchased a new stake in Ralliant in the second quarter worth about $131,000. Finally, GraniteShares Advisors LLC purchased a new stake in Ralliant in the second quarter worth about $119,000.
Wall Street Analyst Weigh In
A number of brokerages have commented on RAL. Wall Street Zen upgraded Ralliant to a “hold” rating in a research report on Sunday, July 13th. TD Cowen started coverage on Ralliant in a research report on Tuesday, July 15th. They set a “buy” rating and a $64.00 target price for the company. Seaport Res Ptn upgraded Ralliant to a “hold” rating in a research report on Monday, July 14th. Melius started coverage on Ralliant in a research report on Tuesday, July 22nd. They set a “hold” rating and a $56.00 target price for the company. Finally, Oppenheimer started coverage on Ralliant in a research report on Wednesday, September 10th. They set an “outperform” rating and a $55.00 target price for the company. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $55.13.
Ralliant Price Performance
Shares of Ralliant stock opened at $43.71 on Wednesday. The company’s 50 day moving average price is $43.57. 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.
Ralliant (NYSE:RAL – Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The firm had revenue of $503.30 million for the quarter, compared to the consensus estimate of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Dividend Announcement
The company also recently declared a — dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 8th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, September 8th.
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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