Distillate Capital Partners LLC Takes $3.08 Million Position in Ralliant Corporation $RAL

Distillate Capital Partners LLC purchased a new stake in shares of Ralliant Corporation (NYSE:RAL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 63,495 shares of the company’s stock, valued at approximately $3,079,000. Distillate Capital Partners LLC owned 0.06% of Ralliant as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. OMERS ADMINISTRATION Corp bought a new position in Ralliant during the second quarter valued at $206,000. Capital Counsel LLC NY purchased a new position in shares of Ralliant during the 2nd quarter worth about $246,000. Edgestream Partners L.P. bought a new position in Ralliant during the 2nd quarter valued at about $763,000. Panagora Asset Management Inc. purchased a new stake in Ralliant in the 2nd quarter worth about $5,970,000. Finally, New York State Common Retirement Fund purchased a new stake in Ralliant in the 2nd quarter worth about $3,024,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on RAL shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ralliant in a research note on Wednesday, November 26th. Morgan Stanley assumed coverage on Ralliant in a research report on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price objective on the stock. Royal Bank Of Canada increased their target price on Ralliant from $45.00 to $52.00 and gave the stock a “sector perform” rating in a research note on Friday, November 7th. Barclays lowered their target price on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a research note on Wednesday, August 13th. Finally, Oppenheimer initiated coverage on shares of Ralliant in a research note on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price target on the stock. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $55.75.

Ralliant Trading Down 1.4%

Shares of RAL stock opened at $48.67 on Tuesday. Ralliant Corporation has a twelve month low of $40.70 and a twelve month high of $55.08. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average price of $44.72. The stock has a market cap of $5.49 billion and a PE ratio of 38.32.

Ralliant (NYSE:RAL) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm had revenue of $529.10 million for the quarter, compared to analysts’ expectations of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Monday, December 8th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s dividend payout ratio is presently 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.