Ralliant (NYSE:RAL – Free Report) had its target price raised by Royal Bank Of Canada from $72.00 to $73.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a sector perform rating on the stock.
RAL has been the subject of a number of other reports. Seaport Research Partners raised Ralliant from a “neutral” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Wednesday, October 14th. Wall Street Zen downgraded Ralliant from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 30th. Truist Financial reiterated a “buy” rating and issued a $88.00 price target (up from $82.00) on shares of Ralliant in a report on Thursday. BMO Capital Markets assumed coverage on Ralliant in a research note on Monday, July 20th. They issued a “market perform” rating and a $78.00 price objective for the company. Finally, Citigroup boosted their price objective on Ralliant from $82.00 to $85.00 and gave the company a “buy” rating in a report on Monday, October 12th. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.40.
Read Our Latest Research Report on Ralliant
Ralliant Trading Down 12.8%
Shares of RAL stock opened at $62.44 on Thursday. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of -5.99, a PEG ratio of 2.60 and a beta of 1.42. The stock has a 50-day moving average of $68.04 and a 200-day moving average of $58.92. The company has a current ratio of 1.65, a quick ratio of 1.00 and a debt-to-equity ratio of 0.71. Ralliant has a 1-year low of $37.27 and a 1-year high of $75.41.
Ralliant (NYSE:RAL – Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.16. Ralliant had a negative net margin of 52.10% and a positive return on equity of 20.40%. The business had revenue of $620.10 million for the quarter. During the same quarter in the previous year, the firm earned $0.60 EPS. Ralliant’s quarterly revenue was up 17.2% on a year-over-year basis. On average, equities research analysts forecast that Ralliant will post 2.93 earnings per share for the current year.
Ralliant Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 23rd. Shareholders of record on Tuesday, December 8th will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, December 8th. This represents a $0.20 annualized dividend and a yield of 0.3%. Ralliant’s dividend payout ratio is presently -1.92%.
Insiders Place Their Bets
In other news, SVP Karen M. Bick sold 6,062 shares of Ralliant stock in a transaction dated Monday, August 17th. The shares were 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. This trade represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 dated Wednesday, October 14th. The stock was sold at an average price of $70.58, for a total transaction of $913,022.88. Following the sale, the chief executive officer directly owned 246,897 shares of the company’s stock, valued at approximately $17,425,990.26. The trade was a 4.98% decrease in their ownership of the stock. 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. Insiders sold 44,870 shares of company stock worth $3,122,883 over the last ninety days. Insiders own 0.42% of the company’s stock.
Hedge Funds Weigh In On Ralliant
Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Ralliant in the second quarter worth approximately $1,039,481,000. Flossbach Von Storch SE bought a new position in shares of Ralliant in the second quarter valued at approximately $222,460,000. Irenic Capital Management LP lifted its holdings in shares of Ralliant by 424.1% in the first quarter. Irenic Capital Management LP now owns 1,740,218 shares of the company’s stock valued at $72,376,000 after purchasing an additional 1,408,176 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ralliant by 60.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,314,834 shares of the company’s stock valued at $54,669,000 after purchasing an additional 496,171 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Ralliant during the second quarter valued at approximately $50,707,000.
More Ralliant News
Here are the key news stories impacting Ralliant this week:
- Positive Sentiment: Ralliant beat third-quarter expectations: adjusted EPS was $0.93 versus $0.77 expected, while revenue reached $620 million, up 17% year over year. The company also raised its full-year outlook, supporting expectations for continued growth. Ralliant Reports Third Quarter 2026 Results and Raises Full Year Guidance
- Positive Sentiment: Several analysts raised price targets after the results. Citigroup lifted its target to $88 and maintained a Buy rating; Truist raised its target to $88 from $82 and reiterated Buy. Citigroup recommendations Truist raises price target
- Neutral Sentiment: RBC raised its price target slightly, from $72 to $73, but kept a Sector Perform rating, signaling a more measured view. RBC raises price target
- Neutral Sentiment: Ralliant is scheduled to present at Baird’s 2026 Global Industrial Conference; the announcement did not include new financial guidance or operating details. Ralliant to present at Baird’s conference
About Ralliant
Ralliant Corporation (NYSE: RAL) is an industrial technology company that develops and supplies highly engineered products and solutions for customers with demanding measurement, monitoring, sensing and reliability requirements. Its offerings are designed to support the performance, safety and efficiency of industrial equipment and processes.
The company’s portfolio includes test and measurement instruments, sensing and monitoring technologies, power and electrical solutions, and products used to improve the reliability and maintenance of industrial assets.
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