Commerce Bank acquired a new stake in shares of Ralliant Corporation (NYSE:RAL – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,163 shares of the company’s stock, valued at approximately $748,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Ralliant during the 2nd quarter valued at approximately $1,039,481,000. Viking Global Investors LP bought a new stake in Ralliant during the 2nd quarter valued at $257,200,000. State Street Corp purchased a new stake in shares of Ralliant during the second quarter worth $213,096,000. Millennium Management LLC lifted its position in shares of Ralliant by 172.4% during the fourth quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock worth $253,175,000 after acquiring an additional 3,147,660 shares in the last quarter. Finally, Flossbach Von Storch SE bought a new position in shares of Ralliant in the second quarter worth $222,460,000.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. TD Cowen boosted their price objective on Ralliant from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Weiss Ratings restated a “sell (d)” rating on shares of Ralliant in a research note on Friday, July 31st. Citigroup lifted their target price on Ralliant from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, July 31st. Royal Bank Of Canada upped their price target on Ralliant from $71.00 to $73.00 and gave the company a “sector perform” rating in a research report on Friday, July 31st. Finally, Wall Street Zen raised shares of Ralliant from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 22nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $75.70.
Ralliant Price Performance
NYSE:RAL opened at $64.20 on Thursday. Ralliant Corporation has a 52-week low of $37.27 and a 52-week high of $75.41. The stock has a fifty day moving average of $68.63 and a 200 day moving average of $56.22. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.00 and a current ratio of 1.52. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of -5.92, a P/E/G ratio of 2.29 and a beta of 1.60.
Ralliant (NYSE:RAL – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.05. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%.The business had revenue of $567.80 million for the quarter. Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. On average, research analysts expect that Ralliant Corporation will post 2.87 EPS for the current fiscal year.
Ralliant Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, September 8th. Ralliant’s dividend payout ratio is -1.84%.
Insider Activity at Ralliant
In other Ralliant news, CEO Tamara S. Newcombe sold 12,936 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $71.79, for a total value of $928,675.44. Following the completion of the transaction, the chief executive officer owned 251,967 shares of the company’s stock, valued at $18,088,710.93. The trade was a 4.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen M. Bick sold 6,062 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $72.00, for a total transaction of $436,464.00. Following the completion of the transaction, the senior vice president directly owned 31,668 shares in the company, valued at $2,280,096. The trade was a 16.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.42% of the stock is currently owned by corporate insiders.
About Ralliant
Ralliant, Inc (NYSE: RAL) is a medical technology company focused on enabling point-of-care cell therapy solutions in the field of regenerative medicine. The company develops and markets systems that isolate, concentrate and store adipose-derived stromal vascular fraction (SVF) cells directly from a patient’s own fat tissue, facilitating same-day, autologous treatments without the need for extensive laboratory infrastructure.
The company’s core product portfolio includes proprietary device platforms and single-use processing kits engineered to streamline the workflow for clinicians.
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