Crestwood Advisors Group LLC Invests $1.31 Million in Ralliant Corporation $RAL

Crestwood Advisors Group LLC acquired a new stake in shares of Ralliant Corporation (NYSE:RALFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 26,981 shares of the company’s stock, valued at approximately $1,308,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RAL. ORG Partners LLC purchased a new stake in Ralliant in the 2nd quarter worth approximately $70,000. Nordea Investment Management AB acquired a new stake in shares of Ralliant during the second quarter worth $29,477,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Ralliant in the second quarter valued at $144,000. Tandem Capital Management Corp ADV purchased a new stake in shares of Ralliant in the second quarter valued at $443,000. Finally, MUFG Securities EMEA plc acquired a new position in Ralliant in the second quarter valued at $2,247,000.

Wall Street Analysts Forecast Growth

Several analysts have commented on RAL shares. Wall Street Zen upgraded Ralliant to a “hold” rating in a report on Sunday, July 13th. Melius began coverage on shares of Ralliant in a research report on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 target price on the stock. Morgan Stanley initiated coverage on shares of Ralliant in a report on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 target price for the company. Barclays cut their price target on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Finally, Seaport Res Ptn raised shares of Ralliant to a “hold” rating in a research note on Monday, July 14th. 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $55.13.

Read Our Latest Report on Ralliant

Ralliant Stock Performance

RAL opened at $46.84 on Friday. Ralliant Corporation has a 1 year low of $40.70 and a 1 year high of $55.08. The business’s 50 day simple moving average is $43.14. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.59. The firm has a market cap of $5.28 billion and a P/E ratio of 69.91.

Ralliant (NYSE:RALGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates 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 declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be issued 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%.

About Ralliant

(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.

See Also

Institutional Ownership by Quarter for Ralliant (NYSE:RAL)

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