Korea Investment CORP Takes $3.99 Million Position in Ralliant Corporation $RAL

Korea Investment CORP acquired a new position in Ralliant Corporation (NYSE:RAL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 82,358 shares of the company’s stock, valued at approximately $3,994,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. ST Germain D J Co. Inc. purchased a new stake in Ralliant during the 2nd quarter valued at $27,000. Manchester Capital Management LLC purchased a new position in shares of Ralliant in the second quarter worth $29,000. Evermay Wealth Management LLC bought a new position in shares of Ralliant during the second quarter valued at $32,000. SouthState Corp purchased a new stake in shares of Ralliant during the second quarter valued at $35,000. Finally, Nomura Asset Management Co. Ltd. bought a new stake in Ralliant in the 2nd quarter worth about $38,000.

Ralliant Trading Down 1.4%

Shares of RAL stock opened at $48.67 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39. Ralliant Corporation has a 12 month low of $40.70 and a 12 month high of $55.08. The stock has a market capitalization of $5.49 billion and a PE ratio of 38.32. The firm’s 50 day simple moving average is $44.72.

Ralliant (NYSE:RAL) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The business had revenue of $529.10 million for the quarter, compared to the consensus estimate 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. The ex-dividend date is Monday, December 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.4%. Ralliant’s dividend payout ratio is presently 15.75%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on RAL shares. Oppenheimer started coverage on Ralliant in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 target price for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ralliant in a report on Wednesday, November 26th. Royal Bank Of Canada raised their target price on shares of Ralliant from $45.00 to $52.00 and gave the stock a “sector perform” rating in a report on Friday, November 7th. Morgan Stanley started coverage on shares of Ralliant in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 target price for the company. Finally, Barclays dropped their price target on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $55.75.

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.