Brokerages Set Ralliant Corporation (NYSE:RAL) Price Target at $55.75

Ralliant Corporation (NYSE:RAL) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $55.75.

Several brokerages have weighed in on RAL. Oppenheimer initiated coverage on Ralliant in a research note on Wednesday, September 10th. They set an “outperform” rating and a $55.00 target price on the stock. Morgan Stanley assumed coverage on shares of Ralliant in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ralliant in a report on Thursday. Royal Bank Of Canada increased their target price on shares of Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a research report on Friday, November 7th. Finally, Barclays dropped their price target 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.

Ralliant Trading Up 3.0%

NYSE RAL opened at $45.93 on Monday. The stock has a 50-day moving average price of $44.04. Ralliant has a 52 week low of $40.70 and a 52 week high of $55.08. The company has a market cap of $5.18 billion and a PE ratio of 36.16. The company has a current ratio of 1.49, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39.

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

Ralliant Dividend Announcement

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

Hedge Funds Weigh In On Ralliant

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. bought a new stake in shares of Ralliant in the 3rd quarter worth $403,000. Wilmington Savings Fund Society FSB acquired a new position in Ralliant during the third quarter worth about $30,000. Advisory Services Network LLC acquired a new position in shares of Ralliant in the 3rd quarter worth approximately $82,000. Livforsakringsbolaget Skandia Omsesidigt grew its position in Ralliant by 990.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 7,423 shares of the company’s stock worth $325,000 after buying an additional 6,742 shares during the last quarter. Finally, Keystone Financial Group acquired a new position in shares of Ralliant in the 3rd quarter worth $306,000.

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.