Squarepoint Ops LLC Increases Position in Ralliant Corporation $RAL

Squarepoint Ops LLC raised its holdings in Ralliant Corporation (NYSE:RALFree Report) by 139.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 63,738 shares of the company’s stock after acquiring an additional 37,069 shares during the period. Squarepoint Ops LLC’s holdings in Ralliant were worth $4,693,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Dunhill Financial LLC acquired a new stake in shares of Ralliant in the 2nd quarter worth $25,000. Global Retirement Partners LLC acquired a new stake in shares of Ralliant during the 2nd quarter worth approximately $35,000. Group One Trading LLC purchased a new stake in shares of Ralliant during the 2nd quarter valued at approximately $36,000. Persistent Asset Partners Ltd purchased a new stake in shares of Ralliant during the 2nd quarter valued at approximately $37,000. Finally, Allworth Financial LP lifted its holdings in Ralliant by 134.4% in the fourth quarter. Allworth Financial LP now owns 511 shares of the company’s stock valued at $26,000 after acquiring an additional 293 shares during the last quarter.

Ralliant Stock Performance

Shares of RAL stock opened at $67.36 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.52 and a debt-to-equity ratio of 0.75. Ralliant Corporation has a 52 week low of $37.27 and a 52 week high of $75.41. The stock has a market capitalization of $7.45 billion, a PE ratio of -6.21, a P/E/G ratio of 2.40 and a beta of 1.54. The firm has a 50 day moving average of $66.97 and a two-hundred day moving average of $57.85.

Ralliant (NYSE:RALGet Free Report) last posted its quarterly earnings data 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. The business had revenue of $567.80 million for 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. On average, research analysts predict that Ralliant Corporation will post 2.88 EPS for the current fiscal year.

Ralliant Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $0.20 annualized dividend and a yield of 0.3%. Ralliant’s dividend payout ratio (DPR) is -1.84%.

Insider Buying and Selling

In other Ralliant news, SVP Karen M. Bick sold 6,062 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $72.00, for a total value of $436,464.00. Following the sale, the senior vice president directly 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 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, CEO Tamara S. Newcombe sold 12,936 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $18,088,710.93. The trade was a 4.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

RAL has been the subject of a number of recent analyst reports. 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 for the company. TD Cowen increased their target price on shares of Ralliant from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Royal Bank Of Canada lifted their target price on shares of Ralliant from $71.00 to $73.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. Weiss Ratings reissued a “sell (d)” rating on shares of Ralliant in a research report on Friday, July 31st. Finally, Morgan Stanley raised their price target on Ralliant from $68.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ralliant currently has an average rating of “Moderate Buy” and a consensus price target of $77.20.

Check Out Our Latest Research Report on Ralliant

Ralliant Profile

(Free Report)

Ralliant is a global industrial technology company that develops and provides mission-critical products and solutions for customers across industrial, electrical, electronic, utility and related markets. The company focuses on helping customers measure, monitor, test, maintain and improve the performance, safety and reliability of their assets and operations.

Ralliant’s portfolio includes electronic test and measurement instruments, industrial condition-monitoring systems, electrical testing equipment, reliability and maintenance software, sensors and related controls.

Further Reading

Want to see what other hedge funds are holding RAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ralliant Corporation (NYSE:RALFree Report).

Institutional Ownership by Quarter for Ralliant (NYSE:RAL)

Receive News & Ratings for Ralliant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ralliant and related companies with MarketBeat.com's FREE daily email newsletter.