111 Capital bought a new position in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the second quarter, Holdings Channel reports. The firm bought 7,247 shares of the company’s stock, valued at approximately $351,000.
A number of other large investors have also recently added to or reduced their stakes in the stock. ST Germain D J Co. Inc. bought a new stake in Ralliant during the second quarter worth approximately $27,000. CX Institutional bought a new stake in Ralliant during the second quarter worth approximately $47,000. GAMMA Investing LLC bought a new stake in Ralliant during the second quarter worth approximately $56,000. ORG Partners LLC bought a new stake in Ralliant during the second quarter worth approximately $70,000. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in Ralliant during the second quarter worth approximately $74,000.
Ralliant Price Performance
RAL opened at $44.05 on Tuesday. Ralliant Corporation has a 1-year low of $40.70 and a 1-year high of $55.08. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.59 and a quick ratio of 1.03. The company has a 50 day simple moving average of $43.31.
Ralliant Dividend Announcement
The company also recently announced a — dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 8th were paid a $0.05 dividend. The ex-dividend date was Monday, September 8th.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. TD Cowen assumed coverage on Ralliant in a research report on Tuesday, July 15th. They set a “buy” rating and a $64.00 target price for the company. Barclays decreased their target price on Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Oppenheimer began coverage on Ralliant in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price objective for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ralliant in a research report on Saturday, September 27th. Finally, Evercore ISI began coverage on Ralliant in a research report on Friday, July 18th. They issued an “in-line” rating and a $52.00 price objective for the company. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $55.13.
View Our Latest Stock Analysis on RAL
About Ralliant
Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.
Featured Stories
- Five stocks we like better than Ralliant
- Upcoming IPO Stock Lockup Period, Explained
- Eli Lilly Stock Soars on Trump Tariff Hopes and Pfizer Deal
- The Risks of Owning Bonds
- 3 Exceptional Stocks to Build Long-Term Wealth
- Pros And Cons Of Monthly Dividend Stocks
- Insider Sales Jump at Broadcom and CoreWeave: Red Flag Ahead?
Want to see what other hedge funds are holding RAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ralliant Corporation (NYSE:RAL – Free Report).
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.
