Hikari Tsushin Inc. Purchases New Position in Ralliant Corporation $RAL

Hikari Tsushin Inc. acquired a new position in shares of Ralliant Corporation (NYSE:RAL) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 21,075 shares of the company’s stock, valued at approximately $1,022,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RAL. Farmers & Merchants Investments Inc. bought a new stake in shares of Ralliant in the 2nd quarter worth about $662,000. GAMMA Investing LLC acquired a new position in Ralliant in the second quarter valued at about $56,000. Alpha Omega Wealth Management LLC acquired a new stake in shares of Ralliant during the second quarter worth approximately $213,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Ralliant during the second quarter worth approximately $1,799,000. Finally, TD Private Client Wealth LLC bought a new position in shares of Ralliant in the second quarter valued at approximately $284,000.

Ralliant Stock Performance

NYSE RAL opened at $46.17 on Thursday. The firm has a market cap of $5.21 billion and a PE ratio of 36.35. Ralliant Corporation has a 52 week low of $40.70 and a 52 week high of $55.08. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 1.03. The company has a fifty day moving average price of $43.92.

Ralliant (NYSE:RAL) last released its earnings results on Wednesday, November 5th. The company reported $0.60 earnings per share (EPS) 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Monday, December 8th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s payout ratio is currently 15.75%.

Wall Street Analyst Weigh In

RAL has been the topic of several recent analyst reports. Oppenheimer began coverage on Ralliant in a report on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 target price on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Ralliant in a research note on Friday, October 31st. Royal Bank Of Canada increased their target price on Ralliant from $45.00 to $52.00 and gave the stock a “sector perform” rating in a report on Friday, November 7th. Barclays cut their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. Finally, Morgan Stanley started coverage on shares of Ralliant in a report on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently 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.