Crestwood Advisors Group LLC acquired a new stake in shares of Ralliant Corporation (NYSE:RAL – Free 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.
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:RAL – Get 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
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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