Ralliant Corporation (NYSE:RAL – Get Free Report) has received a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $77.20.
A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada raised their price target on shares of Ralliant from $71.00 to $73.00 and gave the stock a “sector perform” rating in a research report on Friday, July 31st. BMO Capital Markets began coverage on shares of Ralliant in a report on Monday, July 20th. They issued a “market perform” rating and a $78.00 target price on the stock. Morgan Stanley increased their price target on Ralliant from $68.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 23rd. Evercore began coverage on Ralliant in a research report on Tuesday, June 9th. They set an “outperform” rating and a $80.00 price objective for the company. Finally, Zacks Research upgraded Ralliant from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th.
Read Our Latest Analysis on RAL
Ralliant Stock Up 1.0%
Ralliant (NYSE:RAL – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. The firm had revenue of $567.80 million for the quarter. 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 research analysts predict that Ralliant will post 2.88 earnings per share for the current fiscal year.
Ralliant Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be given a $0.05 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $0.20 annualized dividend and a yield of 0.3%. Ralliant’s dividend payout ratio (DPR) is currently -1.84%.
Insider Transactions at Ralliant
In other news, CEO Tamara S. Newcombe sold 12,936 shares of Ralliant stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $71.79, for a total transaction of $928,675.44. Following the sale, the chief executive officer owned 251,967 shares of the company’s stock, valued at approximately $18,088,710.93. The trade was a 4.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen M. Bick sold 6,062 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.00, for a total value of $436,464.00. Following the transaction, the senior vice president owned 31,668 shares of the company’s stock, valued at approximately $2,280,096. This represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.42% of the company’s stock.
Institutional Trading of Ralliant
Several hedge funds have recently added to or reduced their stakes in the business. Dunhill Financial LLC bought a new position in shares of Ralliant in the second quarter worth $25,000. Global Retirement Partners LLC bought a new stake in shares of Ralliant during the second quarter valued at about $35,000. Group One Trading LLC acquired a new stake in Ralliant in the second quarter worth about $36,000. Persistent Asset Partners Ltd acquired a new stake in Ralliant in the second quarter worth about $37,000. Finally, Allworth Financial LP grew its position in Ralliant by 134.4% in the 4th quarter. Allworth Financial LP now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 293 shares in the last quarter.
Ralliant Company Profile
Ralliant is a global industrial technology company that develops and provides mission-critical products and solutions for customers across industrial, electrical, electronic, utility and related markets. The company focuses on helping customers measure, monitor, test, maintain and improve the performance, safety and reliability of their assets and operations.
Ralliant’s portfolio includes electronic test and measurement instruments, industrial condition-monitoring systems, electrical testing equipment, reliability and maintenance software, sensors and related controls.
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