Analysts Set Ralliant Corporation (NYSE:RAL) Price Target at $77.20
by Danessa Lincoln · The Markets DailyRalliant Corporation (NYSE:RAL – Get Free Report) has been assigned an average rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $77.20.
Several research firms have recently weighed in on RAL. Vertical Research cut shares of Ralliant from a “buy” rating to a “hold” rating and set a $65.00 price objective on the stock. in a research report on Wednesday, May 27th. Wall Street Zen lowered shares of Ralliant from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 30th. Evercore initiated coverage on Ralliant in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $80.00 target price on the stock. TD Cowen raised their price target on Ralliant from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Morgan Stanley upped their price objective on Ralliant from $68.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd.
Read Our Latest Stock Analysis on Ralliant
Insider Buying and Selling
In related news, CEO Tamara S. Newcombe sold 12,936 shares of Ralliant stock in a transaction on Monday, September 14th. The shares were sold at an average price of $65.30, for a total value of $844,720.80. Following the transaction, the chief executive officer owned 246,897 shares in the company, valued at $16,122,374.10. This trade represents a 4.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 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 sale, the senior vice president owned 31,668 shares of the company’s stock, valued at approximately $2,280,096. The trade was 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. Over the last 90 days, insiders sold 31,934 shares of company stock valued at $2,209,860. Company insiders own 0.42% of the company’s stock.
Institutional Investors Weigh In On Ralliant
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Ralliant in the 2nd quarter worth approximately $1,039,481,000. Millennium Management LLC lifted its stake in Ralliant by 172.4% in the fourth quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock worth $253,175,000 after acquiring an additional 3,147,660 shares during the period. Flossbach Von Storch SE bought a new stake in Ralliant in the second quarter valued at $222,460,000. Norges Bank bought a new stake in Ralliant in the fourth quarter valued at $124,687,000. Finally, Geode Capital Management LLC increased its position in Ralliant by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 1,872,647 shares of the company’s stock valued at $95,357,000 after purchasing an additional 17,893 shares during the period.
Ralliant Stock Down 0.6%
Shares of NYSE RAL opened at $67.17 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average of $66.78 and a 200-day moving average of $58.53. The firm has a market capitalization of $7.43 billion, a price-to-earnings ratio of -6.19, a PEG ratio of 2.51 and a beta of 1.54. Ralliant has a 12 month low of $37.27 and a 12 month high of $75.41.
Ralliant (NYSE:RAL – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates 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 business 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. Sell-side 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 will be paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 8th will be given 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 dividend payout ratio (DPR) is presently -1.84%.
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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