Ralliant Corporation (NYSE:RAL – Get Free Report) has earned an average recommendation of “Hold” from the eleven ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $55.1250.
A number of analysts have issued reports on the company. 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ralliant in a research note on Saturday, September 27th. Oppenheimer assumed coverage on Ralliant in a research note on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price objective on the stock. Wall Street Zen raised Ralliant to a “hold” rating in a research note on Sunday, July 13th. Finally, Melius assumed coverage on Ralliant in a research note on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 price objective on the stock.
Read Our Latest Analysis on Ralliant
Ralliant Price Performance
Ralliant (NYSE:RAL – Get Free Report) 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 business had revenue of $503.30 million for the quarter, compared to the consensus estimate of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Announces Dividend
The company also recently disclosed a — dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 8th.
Hedge Funds Weigh In On Ralliant
A number of institutional investors and hedge funds have recently modified their holdings of RAL. Dodge & Cox purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $523,571,000. Viking Global Investors LP purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $257,200,000. State Street Corp purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $213,096,000. Flossbach Von Storch SE purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $198,077,000. Finally, Norges Bank purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $108,453,000.
About Ralliant
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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