Shares of Ralliant Corporation (NYSE:RAL – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $77.20.
Several research analysts have commented on the stock. Wall Street Zen downgraded shares of Ralliant from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 30th. TD Cowen upped their price target on shares of Ralliant from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Zacks Research downgraded Ralliant from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 30th. Weiss Ratings raised Ralliant from a “sell (d+)” rating to a “hold (c)” rating in a research note on Thursday. Finally, Citigroup lifted their price objective on Ralliant from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, July 31st.
Check Out Our Latest Stock Report on Ralliant
Ralliant Trading Up 1.8%
Ralliant (NYSE:RAL – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.63 by $0.05. The company had revenue of $567.80 million during the quarter. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. On average, equities analysts expect that Ralliant will post 2.88 earnings per share for the current fiscal year.
Ralliant Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 8th were issued a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. Ralliant’s dividend payout ratio (DPR) is presently -1.84%.
Insider Transactions at Ralliant
In other news, SVP Karen Bick sold 6,062 shares of Ralliant stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $72.00, for a total transaction of $436,464.00. Following the completion of the sale, the senior vice president owned 31,668 shares in the company, valued at approximately $2,280,096. This trade represents a 16.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tamara Newcombe sold 12,936 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $65.30, for a total value of $844,720.80. Following the transaction, the chief executive officer directly owned 246,897 shares of the company’s stock, valued at $16,122,374.10. The trade was a 4.98% decrease in their position. 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 have sold 31,934 shares of company stock valued at $2,209,860. Corporate insiders own 0.42% of the company’s stock.
Institutional Investors Weigh In On Ralliant
Several hedge funds have recently bought and sold shares of RAL. BlackRock Inc. purchased a new position in Ralliant in the 2nd quarter worth approximately $1,039,481,000. Millennium Management LLC raised its position in shares of Ralliant by 172.4% during the 4th quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock valued at $253,175,000 after buying an additional 3,147,660 shares in the last quarter. Flossbach Von Storch SE bought a new stake in shares of Ralliant during the 2nd quarter worth $222,460,000. Irenic Capital Management LP lifted its holdings in shares of Ralliant by 424.1% during the 1st quarter. Irenic Capital Management LP now owns 1,740,218 shares of the company’s stock worth $72,376,000 after acquiring an additional 1,408,176 shares during the last quarter. Finally, Rokos Capital Management LLP purchased a new position in Ralliant in the first quarter worth $42,022,000.
About Ralliant
Ralliant Corporation (NYSE:RAL) is a global technology company that provides test, measurement, sensing and industrial solutions. Its products and services are used by manufacturers, utilities, aerospace and defense organizations, electronics companies, and other industrial customers to improve safety, quality, reliability and operational performance.
Ralliant’s portfolio includes brands such as Fluke, Fluke Reliability, Industrial Scientific, Tektronix, Keithley, Qualitrol and EA Elektro-Automatik.
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