Ralliant (NYSE:RAL – Get Free Report) was upgraded by equities researchers at Seaport Research Partners from a “neutral” rating to a “buy” rating in a research note issued on Wednesday, MarketBeat.com reports. The firm presently has a $88.00 target price on the stock. Seaport Research Partners’ price objective would indicate a potential upside of 21.20% from the company’s previous close.
RAL has been the topic of a number of other research reports. Royal Bank Of Canada boosted their price objective on shares of Ralliant from $71.00 to $73.00 and gave the company a “sector perform” rating in a research report on Friday, July 31st. Citigroup upped their price objective on shares of Ralliant from $82.00 to $85.00 and gave the company a “buy” rating in a research note on Monday. Truist Financial reiterated a “buy” rating and set a $82.00 target price (up from $68.00) on shares of Ralliant in a report on Friday, July 31st. Evercore reissued an “outperform” rating on shares of Ralliant in a research note on Tuesday, September 22nd. Finally, BMO Capital Markets started coverage on 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 equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.50.
Get Our Latest Stock Analysis on Ralliant
Ralliant Stock Up 0.4%
Ralliant (NYSE:RAL – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. The company had revenue of $567.80 million during the quarter. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. 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 will post 2.88 EPS for the current year.
Insider Activity
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 sale, the senior vice president owned 31,668 shares of the company’s stock, valued at approximately $2,280,096. The trade was a 16.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 Monday, September 14th. The shares were sold at an average price of $65.30, for a total transaction of $844,720.80. Following the transaction, the chief executive officer owned 246,897 shares in the company, valued at $16,122,374.10. 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. Over the last ninety days, insiders sold 31,934 shares of company stock valued at $2,209,860. Corporate insiders own 0.42% of the company’s stock.
Institutional Trading of Ralliant
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dunhill Financial LLC bought a new stake in Ralliant during the 2nd quarter valued at about $25,000. GAMMA Investing LLC raised its holdings in Ralliant by 42.8% in the second quarter. GAMMA Investing LLC now owns 1,274 shares of the company’s stock worth $94,000 after buying an additional 382 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Ralliant by 230.1% in the second quarter. Versant Capital Management Inc now owns 604 shares of the company’s stock worth $44,000 after buying an additional 421 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of Ralliant in the second quarter worth approximately $35,000. Finally, Group One Trading LLC purchased a new stake in shares of Ralliant during the second quarter valued at approximately $36,000.
About Ralliant
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.
Recommended Stories
- Five stocks we like better than Ralliant
- PepsiCo’s Earnings Beat Masks a Bigger Problem With Its North American Business
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
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.
