3,929 Shares in Ralliant Corporation $RAL Bought by Sierra Legacy Group

Sierra Legacy Group bought a new stake in shares of Ralliant Corporation (NYSE:RAL) during the 2nd quarter, Holdings Channel reports. The firm bought 3,929 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ST Germain D J Co. Inc. bought a new position in shares of Ralliant in the second quarter worth about $27,000. Evermay Wealth Management LLC purchased a new stake in Ralliant in the 2nd quarter worth approximately $32,000. SouthState Corp bought a new stake in Ralliant during the 2nd quarter worth approximately $35,000. Nomura Asset Management Co. Ltd. purchased a new position in Ralliant during the second quarter valued at approximately $38,000. Finally, Generali Investments Management Co LLC bought a new position in shares of Ralliant in the second quarter worth approximately $47,000.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on RAL shares. Oppenheimer started coverage on shares of Ralliant in a research note on Wednesday, September 10th. They set an “outperform” rating and a $55.00 target price on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Ralliant in a research report on Friday, October 31st. Royal Bank Of Canada lifted 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. Morgan Stanley started coverage on Ralliant in a research note on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price target for the company. Finally, Melius Research upgraded shares of Ralliant to a “hold” rating in a research report on Tuesday, July 22nd. Four equities 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 MarketBeat.com, Ralliant presently has an average rating of “Hold” and an average target price of $55.75.

Ralliant Trading Down 1.6%

Shares of RAL stock opened at $45.73 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $5.16 billion and a PE ratio of 36.00. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08. The stock has a 50-day moving average price of $43.83.

Ralliant (NYSE:RAL) last announced its quarterly 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 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 Announces Dividend

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 issued 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 dividend yield of 0.4%. Ralliant’s dividend payout ratio (DPR) is 15.75%.

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.