Ralliant (NYSE:RAL) Stock Gets Price Target Trim from Royal Bank Of Canada

Ralliant (NYSE:RAL – Free Report) had its price objective reduced by Royal Bank Of Canada from $73.00 to $72.00 in a report released on Wednesday,Benzinga reports. They currently have a sector perform rating on the stock.

A number of other equities analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Ralliant from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 30th. Oppenheimer raised their price objective on shares of Ralliant from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Wednesday, September 9th. Seaport Research Partners raised shares of Ralliant from a “neutral” rating to a “buy” rating and set a $88.00 target price for the company in a report on Wednesday. Morgan Stanley lifted their target price on shares of Ralliant from $68.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd. Finally, BMO Capital Markets assumed coverage on shares of Ralliant in a research note on Monday, July 20th. They issued a “market perform” rating and a $78.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $77.40.

Check Out Our Latest Research Report on Ralliant

Ralliant Trading Down 3.1%

Ralliant stock opened at $66.58 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.75. The business’s fifty day simple moving average is $67.92 and its two-hundred day simple moving average is $62.42. Ralliant has a 12 month low of $37.27 and a 12 month high of $75.41. The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of 27.06, a price-to-earnings-growth ratio of 2.54 and a beta of 1.39.

Ralliant (NYSE:RAL – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.05. The firm 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. As a group, equities analysts predict that Ralliant will post 2.88 earnings per share for the current fiscal year.

Ralliant Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 8th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, September 8th. Ralliant’s dividend payout ratio (DPR) is currently -1.84%.

Insiders Place Their Bets

In other news, SVP Karen M. Bick sold 6,062 shares of the business’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 completion of the transaction, the senior vice president owned 31,668 shares in the company, valued at $2,280,096. The trade was a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Wednesday, October 14th. The stock was sold at an average price of $70.58, for a total value of $913,022.88. Following the completion of the transaction, the chief executive officer owned 246,897 shares of the company’s stock, valued at $17,425,990.26. This represents a 4.98% 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. In the last three months, insiders sold 44,870 shares of company stock valued at $3,122,883. Corporate insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On Ralliant

Several large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Ralliant in the 2nd quarter worth about $1,039,481,000. Millennium Management LLC boosted its holdings in shares of Ralliant by 172.4% during the 4th quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock valued at $253,175,000 after acquiring an additional 3,147,660 shares during the last quarter. Flossbach Von Storch SE purchased a new stake in shares of Ralliant during the 2nd quarter valued at about $222,460,000. Irenic Capital Management LP boosted its holdings in shares of Ralliant by 424.1% during the 1st quarter. Irenic Capital Management LP now owns 1,740,218 shares of the company’s stock valued at $72,376,000 after acquiring an additional 1,408,176 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Ralliant by 60.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,314,834 shares of the company’s stock valued at $54,669,000 after acquiring an additional 496,171 shares during the last quarter.

Ralliant Company Profile

(Get Free Report)

Ralliant Corporation (NYSE:RAL) is a global technology company that provides test, measurement, sensing and industrial solutions. Its products and services are used by manufacturers, utilities, aerospace and defense organizations, electronics companies, and other industrial customers to improve safety, quality, reliability and operational performance.

Ralliant’s portfolio includes brands such as Fluke, Fluke Reliability, Industrial Scientific, Tektronix, Keithley, Qualitrol and EA Elektro-Automatik.

Further Reading

Analyst Recommendations for Ralliant (NYSE:RAL)

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