Insider Selling: Ralliant (NYSE:RAL) CEO Sells $844,720.80 in Stock

Ralliant Corporation (NYSE:RALGet Free Report) CEO Tamara Newcombe sold 12,936 shares of the company’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 sale, the chief executive officer owned 246,897 shares in the company, valued at $16,122,374.10. The trade was a 4.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ralliant Stock Up 1.0%

RAL stock opened at $68.02 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.52 and a debt-to-equity ratio of 0.75. The business has a 50 day moving average price of $66.76 and a two-hundred day moving average price of $58.60. The company has a market cap of $7.53 billion, a price-to-earnings ratio of -6.27, a P/E/G ratio of 2.50 and a beta of 1.54. Ralliant Corporation has a twelve month low of $37.27 and a twelve month high of $75.41.

Ralliant (NYSE:RALGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.05. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%.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. Analysts anticipate that Ralliant Corporation will post 2.88 EPS for the current fiscal year.

Ralliant Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, September 8th. Ralliant’s payout ratio is presently -1.84%.

Hedge Funds Weigh In On Ralliant

Several institutional investors and hedge funds have recently modified their holdings of RAL. BlackRock Inc. acquired a new position in Ralliant in the 2nd quarter valued at about $1,039,481,000. Millennium Management LLC raised its holdings in Ralliant by 172.4% in the 4th quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock valued at $253,175,000 after acquiring an additional 3,147,660 shares during the period. Flossbach Von Storch SE acquired a new stake in Ralliant during the second quarter worth approximately $222,460,000. Norges Bank acquired a new stake in Ralliant during the fourth quarter worth approximately $124,687,000. Finally, Irenic Capital Management LP boosted 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 acquiring an additional 1,408,176 shares during the period.

Wall Street Analyst Weigh In

A number of analysts have commented on RAL shares. BMO Capital Markets initiated coverage on shares of Ralliant in a research note on Monday, July 20th. They issued a “market perform” rating and a $78.00 price target for the company. Citigroup upped their target price on shares of Ralliant from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, July 31st. Zacks Research upgraded shares of Ralliant from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. TD Cowen lifted their price target on Ralliant from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Oppenheimer boosted their price target on Ralliant from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Ralliant presently has an average rating of “Moderate Buy” and a consensus target price of $77.20.

Check Out Our Latest Report on RAL

About Ralliant

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Ralliant (NYSE:RAL)

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