Capital Investment Services of America Inc. purchased a new position in Ralliant Corporation (NYSE:RAL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 14,139 shares of the company’s stock, valued at approximately $686,000.
Other institutional investors also recently bought and sold shares of the company. ST Germain D J Co. Inc. purchased a new position in Ralliant in the second quarter worth about $27,000. Evermay Wealth Management LLC bought a new stake in shares of Ralliant during the second quarter valued at approximately $32,000. CX Institutional purchased a new position in Ralliant in the 2nd quarter worth approximately $47,000. Hazlett Burt & Watson Inc. purchased a new position in Ralliant in the 2nd quarter worth approximately $53,000. Finally, GAMMA Investing LLC bought a new position in Ralliant in the 2nd quarter valued at approximately $56,000.
Wall Street Analysts Forecast Growth
Several research firms recently commented on RAL. Evercore ISI started coverage on Ralliant in a report on Friday, July 18th. They issued an “in-line” rating and a $52.00 price objective for the company. Citigroup started coverage on shares of Ralliant in a report on Monday, July 21st. They set a “neutral” rating and a $53.00 price objective for the company. Royal Bank Of Canada raised shares of Ralliant to a “hold” rating in a research report on Tuesday, August 19th. Melius Research upgraded shares of Ralliant to a “hold” rating in a research note on Tuesday, July 22nd. Finally, Oppenheimer initiated coverage on Ralliant in a report on Wednesday, September 10th. They set an “outperform” rating and a $55.00 price target on the stock. 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. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $55.13.
Ralliant Price Performance
Shares of RAL stock opened at $42.34 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38. Ralliant Corporation has a 1 year low of $40.70 and a 1 year high of $55.08. The company’s fifty day simple moving average is $42.88.
Ralliant (NYSE:RAL – Get Free Report) last released its earnings results on Monday, August 11th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.07. The company had revenue of $503.30 million for the quarter, compared to analysts’ expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Announces Dividend
The company also recently announced a — dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 8th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 8th.
Ralliant Profile
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.
Further Reading
- Five stocks we like better than Ralliant
- 10 Best Airline Stocks to Buy
- Quanta Services: The Backbone of the AI Data Center Push
- How to invest in marijuana stocks in 7 stepsÂ
- Archer’s Recent String of Victories Signals a New Phase of Growth
- Business Services Stocks Investing
- 3 Key Stocks Boosting Buybacks Amid Improving Fundamentals
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.