Boston Partners acquired a new position in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,316,491 shares of the company’s stock, valued at approximately $63,525,000.
A number of other institutional investors have also recently bought and sold shares of RAL. Flossbach Von Storch SE acquired a new position in Ralliant in the 2nd quarter worth about $198,077,000. Bank of New York Mellon Corp acquired a new stake in Ralliant in the second quarter valued at approximately $32,655,000. Nordea Investment Management AB bought a new stake in Ralliant in the second quarter worth approximately $29,477,000. Nicholas Company Inc. bought a new stake in Ralliant in the second quarter worth approximately $14,459,000. Finally, TD Asset Management Inc acquired a new position in shares of Ralliant during the 2nd quarter worth $13,190,000.
Wall Street Analysts Forecast Growth
RAL has been the subject of a number of recent research reports. Evercore ISI assumed coverage on shares of Ralliant in a report on Friday, July 18th. They issued an “in-line” rating and a $52.00 price objective for the company. Barclays reduced their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Oppenheimer began coverage on Ralliant in a report on Wednesday, September 10th. They set an “outperform” rating and a $55.00 price objective on the stock. Citigroup assumed coverage on Ralliant in a research note on Monday, July 21st. They issued a “neutral” rating and a $53.00 price objective on the stock. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Ralliant in a report on Friday, October 31st. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $55.75.
Ralliant Stock Up 2.3%
Shares of NYSE:RAL opened at $47.81 on Thursday. The company has a market cap of $5.39 billion and a P/E ratio of 37.64. The firm’s 50 day simple moving average is $43.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.49. Ralliant Corporation has a twelve month low of $40.70 and a twelve month high of $55.08.
Ralliant (NYSE:RAL – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $529.10 million for the quarter, compared to analyst estimates of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.
Ralliant Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Monday, December 8th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, December 8th. Ralliant’s dividend payout ratio (DPR) is currently 15.75%.
Ralliant Company Profile
Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.
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