Hikari Tsushin Inc. Takes Position in Ralliant Corporation $RAL

Hikari Tsushin Inc. acquired a new position in Ralliant Corporation (NYSE:RAL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,075 shares of the company’s stock, valued at approximately $1,022,000.

Other large investors have also modified their holdings of the company. ST Germain D J Co. Inc. bought a new position in Ralliant in the 2nd quarter worth $27,000. Evermay Wealth Management LLC bought a new stake in Ralliant during the second quarter valued at about $32,000. SouthState Corp acquired a new stake in shares of Ralliant in the second quarter valued at about $35,000. Nomura Asset Management Co. Ltd. bought a new position in shares of Ralliant in the second quarter worth about $38,000. Finally, Generali Investments Management Co LLC bought a new position in shares of Ralliant in the second quarter worth about $47,000.

Wall Street Analyst Weigh In

RAL has been the subject of several recent analyst reports. Royal Bank Of Canada increased their target price on Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a research note on Friday, November 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Ralliant in a report on Friday, October 31st. Oppenheimer assumed 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. Barclays dropped their target price on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 13th. Finally, Morgan Stanley started coverage on shares of Ralliant in a report on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price target for the company. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $55.75.

Ralliant Trading Up 0.9%

Shares of NYSE:RAL opened at $46.17 on Thursday. The firm has a market cap of $5.21 billion and a price-to-earnings ratio of 36.35. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 1.03. Ralliant Corporation has a 1-year low of $40.70 and a 1-year high of $55.08. The stock’s 50 day moving average price is $43.92.

Ralliant (NYSE:RAL) last issued its earnings results on Wednesday, November 5th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $529.10 million during the quarter, compared to analyst estimates of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, December 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.4%. Ralliant’s payout ratio is presently 15.75%.

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.