Plato Investment Management Ltd Buys Shares of 5,740 Ralliant Corporation $RAL

Plato Investment Management Ltd bought a new stake in shares of Ralliant Corporation (NYSE:RAL) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 5,740 shares of the company’s stock, valued at approximately $277,000.

Several other hedge funds have also added to or reduced their stakes in the business. ST Germain D J Co. Inc. bought a new position in Ralliant during the second quarter worth about $27,000. Evermay Wealth Management LLC bought a new position in Ralliant during the second quarter worth about $32,000. CX Institutional bought a new position in Ralliant during the second quarter worth about $47,000. Hartford Financial Management Inc. bought a new position in Ralliant during the second quarter worth about $48,000. Finally, Hazlett Burt & Watson Inc. bought a new position in Ralliant during the second quarter worth about $53,000.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on RAL shares. Wall Street Zen upgraded Ralliant to a “hold” rating in a report on Sunday, July 13th. Melius Research raised shares of Ralliant to a “hold” rating in a research note on Tuesday, July 22nd. Melius started coverage on shares of Ralliant in a research note on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 target price for the company. Evercore ISI started coverage on shares of Ralliant in a research note on Friday, July 18th. They issued an “in-line” rating and a $52.00 target price for the company. Finally, Seaport Res Ptn raised shares of Ralliant to a “hold” rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $55.13.

Ralliant Price Performance

Ralliant stock opened at $44.25 on Tuesday. The business’s 50-day simple moving average is $42.98. Ralliant Corporation has a one year low of $40.70 and a one year high of $55.08. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.59. The firm has a market cap of $4.99 billion and a P/E ratio of 66.04.

Ralliant (NYSE:RAL) last issued its earnings results on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.07. The firm had revenue of $503.30 million during the quarter, compared to analyst estimates of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, December 8th. Ralliant’s dividend payout ratio (DPR) is 29.85%.

Ralliant 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.