iA Global Asset Management Inc. Purchases New Position in Ralliant Corporation $RAL

iA Global Asset Management Inc. purchased a new stake in Ralliant Corporation (NYSE:RAL) during the 2nd quarter, HoldingsChannel reports. The fund purchased 5,876 shares of the company’s stock, valued at approximately $285,000.

Several other institutional investors have also bought and sold shares of RAL. Farmers & Merchants Investments Inc. acquired a new stake in Ralliant in the 2nd quarter valued at $662,000. GAMMA Investing LLC acquired a new stake in Ralliant in the 2nd quarter valued at $56,000. Alpha Omega Wealth Management LLC acquired a new stake in Ralliant in the 2nd quarter valued at $213,000. Public Employees Retirement System of Ohio acquired a new position in Ralliant in the second quarter worth $1,799,000. Finally, TD Private Client Wealth LLC acquired a new position in Ralliant in the second quarter worth $284,000.

Ralliant Stock Down 2.6%

Shares of RAL opened at $43.15 on Wednesday. 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 12-month low of $40.70 and a 12-month high of $55.08. The firm has a market capitalization of $4.86 billion and a price-to-earnings ratio of 64.40. The firm’s fifty day moving average price is $43.02.

Ralliant (NYSE:RAL) last issued its quarterly earnings results on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.07. The firm had revenue of $503.30 million for the quarter, compared to analyst estimates of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Monday, December 8th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s dividend payout ratio is 29.85%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on RAL shares. TD Cowen started coverage on Ralliant in a research note on Tuesday, July 15th. They issued a “buy” rating and a $64.00 price objective on the stock. Barclays reduced their price objective on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Ralliant in a research note on Friday, October 31st. Evercore ISI began coverage on Ralliant in a research note on Friday, July 18th. They issued an “in-line” rating and a $52.00 price objective on the stock. Finally, Melius began coverage on Ralliant in a research report on Tuesday, July 22nd. They issued a “hold” rating and a $56.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Ralliant presently has a consensus rating of “Hold” and a consensus price target of $55.13.

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.