Ralliant’s (RAL) “Buy” Rating Reiterated at Truist Financial

Ralliant (NYSE:RAL – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Truist Financial in a report released on Thursday, Benzinga reports. They currently have a $88.00 price target on the stock, up from their prior price target of $82.00. Truist Financial‘s price target indicates a potential upside of 40.28% from the stock’s current price.

Several other equities analysts have also weighed in on RAL. Citigroup lifted their target price on shares of Ralliant from $82.00 to $85.00 and gave the company a “buy” rating in a report on Monday, October 12th. TD Cowen lifted their price objective on shares of Ralliant from $70.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 31st. Royal Bank Of Canada decreased their price objective on shares of Ralliant from $73.00 to $72.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 14th. Evercore reissued an “outperform” rating on shares of Ralliant in a research note on Tuesday, September 22nd. Finally, BMO Capital Markets assumed coverage on Ralliant in a research report on Monday, July 20th. They set a “market perform” rating and a $78.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

Check Out Our Latest Analysis on Ralliant

Ralliant Stock Performance

Shares of RAL traded down $8.85 during mid-day trading on Thursday, reaching $62.73. The company had a trading volume of 507,325 shares, compared to its average volume of 1,606,679. The stock has a market capitalization of $6.94 billion, a P/E ratio of -5.79, a PEG ratio of 2.64 and a beta of 1.42. Ralliant has a 52-week low of $37.27 and a 52-week high of $75.41. The stock has a 50 day moving average of $68.08 and a two-hundred day moving average of $58.88. The company has a quick ratio of 1.00, a current ratio of 1.52 and a debt-to-equity ratio of 0.75.

Ralliant (NYSE:RAL – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.16. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%. The company had revenue of $620.10 million during the quarter. During the same quarter in the prior year, the business posted $0.60 earnings per share. The firm’s revenue was up 17.2% compared to the same quarter last year. On average, analysts expect that Ralliant will post 2.88 earnings per share for the current year.

Insider Activity

In related news, SVP Karen M. Bick sold 6,062 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $72.00, for a total transaction of $436,464.00. Following the completion of the transaction, the senior vice president owned 31,668 shares in the company, valued at $2,280,096. This represents a 16.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tamara S. Newcombe sold 12,936 shares of Ralliant stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $70.58, for a total value of $913,022.88. Following the completion of the sale, the chief executive officer owned 246,897 shares in the company, valued at approximately $17,425,990.26. The trade was a 4.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 44,870 shares of company stock worth $3,122,883. Company insiders own 0.42% of the company’s stock.

Hedge Funds Weigh In On Ralliant

A number of hedge funds have recently made changes to their positions in RAL. BlackRock Inc. purchased a new position in Ralliant in the 2nd quarter valued at $1,039,481,000. Flossbach Von Storch SE purchased a new stake in shares of Ralliant during the second quarter worth $222,460,000. Irenic Capital Management LP grew its holdings in shares of Ralliant by 424.1% during the first quarter. Irenic Capital Management LP now owns 1,740,218 shares of the company’s stock worth $72,376,000 after buying an additional 1,408,176 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Ralliant by 60.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,314,834 shares of the company’s stock worth $54,669,000 after buying an additional 496,171 shares in the last quarter. Finally, Rokos Capital Management LLP acquired a new stake in shares of Ralliant in the first quarter valued at about $42,022,000.

Trending Headlines about Ralliant

Here are the key news stories impacting Ralliant this week:

  • Positive Sentiment: Adjusted EPS was $0.93, ahead of the $0.77 consensus estimate and up 64% year over year on a normalized basis. Revenue reached $620 million, up 17% year over year and above expectations. Ralliant third-quarter results and guidance
  • Positive Sentiment: Management raised its full-year 2026 guidance, reinforcing the favorable earnings and revenue growth reported for the quarter. Ralliant fiscal Q3 results and raised outlook

Ralliant Company Profile

(Get Free Report)

Ralliant Corporation (NYSE: RAL) is an industrial technology company that develops and supplies highly engineered products and solutions for customers with demanding measurement, monitoring, sensing and reliability requirements. Its offerings are designed to support the performance, safety and efficiency of industrial equipment and processes.

The company’s portfolio includes test and measurement instruments, sensing and monitoring technologies, power and electrical solutions, and products used to improve the reliability and maintenance of industrial assets.

Further Reading

Analyst Recommendations for Ralliant (NYSE:RAL)

Receive News & Ratings for Ralliant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ralliant and related companies with MarketBeat.com's FREE daily email newsletter.