Man Group plc bought a new position in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the 2nd quarter, Holdings Channel reports. The fund bought 146,745 shares of the company’s stock, valued at approximately $10,805,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Dunhill Financial LLC acquired a new position in Ralliant in the 2nd quarter valued at about $25,000. Global Retirement Partners LLC acquired a new stake in Ralliant during the second quarter worth approximately $35,000. Group One Trading LLC bought a new stake in shares of Ralliant during the second quarter worth approximately $36,000. Danske Bank A S bought a new stake in shares of Ralliant during the fourth quarter worth approximately $25,000. Finally, Persistent Asset Partners Ltd bought a new stake in shares of Ralliant during the second quarter worth approximately $37,000.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on RAL shares. Barclays increased their target price on Ralliant from $52.00 to $67.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Citigroup upped their price objective on Ralliant from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, July 31st. BMO Capital Markets began coverage on Ralliant in a research report on Monday, July 20th. They set a “market perform” rating and a $78.00 price objective on the stock. TD Cowen lifted their target price on Ralliant from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Vertical Research cut shares of Ralliant from a “buy” rating to a “hold” rating and set a $65.00 target price for the company. in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ralliant currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.70.
Ralliant Stock Down 2.6%
Shares of RAL opened at $61.65 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.75. Ralliant Corporation has a 12 month low of $37.27 and a 12 month high of $75.41. The firm’s 50 day moving average is $68.40 and its 200-day moving average is $56.42. The stock has a market capitalization of $6.82 billion, a PE ratio of -5.68, a P/E/G ratio of 2.35 and a beta of 1.60.
Ralliant (NYSE:RAL – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. The business had revenue of $567.80 million during the quarter. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%.Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. Equities research analysts forecast that Ralliant Corporation will post 2.87 EPS for the current year.
Ralliant Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, September 8th. Ralliant’s dividend payout ratio (DPR) is -1.84%.
Insider Buying and Selling at Ralliant
In other Ralliant news, SVP Karen M. Bick sold 6,062 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.00, for a total value of $436,464.00. Following the sale, the senior vice president owned 31,668 shares in the company, valued at $2,280,096. This trade represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tamara S. Newcombe sold 12,936 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $71.79, for a total value of $928,675.44. Following the sale, the chief executive officer owned 251,967 shares in the company, valued at $18,088,710.93. This represents a 4.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.42% of the company’s stock.
Ralliant Profile
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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