Squarepoint Ops LLC Increases Stake in Ralliant Corporation $RAL

Squarepoint Ops LLC lifted its position in Ralliant Corporation (NYSE:RAL) by 139.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,738 shares of the company’s stock after acquiring an additional 37,069 shares during the quarter. Squarepoint Ops LLC owned 0.06% of Ralliant worth $4,693,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in RAL. Cetera Investment Advisers bought a new stake in shares of Ralliant in the 2nd quarter valued at about $700,000. Russell Investments Group Ltd. purchased a new stake in shares of Ralliant during the second quarter valued at about $1,465,000. EverSource Wealth Advisors LLC purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $39,000. First Trust Advisors LP purchased a new stake in shares of Ralliant during the 2nd quarter valued at $2,013,000. Finally, Federated Hermes Inc. acquired a new stake in shares of Ralliant in the 2nd quarter worth $326,000.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on RAL. Citigroup upped their target price on Ralliant from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wall Street Zen cut Ralliant from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 30th. Morgan Stanley lifted their price objective on shares of Ralliant from $68.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, June 23rd. BMO Capital Markets assumed coverage on shares of Ralliant in a report on Monday, July 20th. They issued a “market perform” rating and a $78.00 price objective on the stock. Finally, Truist Financial reiterated a “buy” rating and issued a $82.00 price objective (up from $68.00) on shares of Ralliant in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Ralliant currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.20.

Ralliant Price Performance

NYSE:RAL opened at $67.36 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.52 and a quick ratio of 1.00. The company has a 50 day moving average price of $66.97 and a 200-day moving average price of $57.85. Ralliant Corporation has a 1-year low of $37.27 and a 1-year high of $75.41. The firm has a market cap of $7.45 billion, a price-to-earnings ratio of -6.21, a price-to-earnings-growth ratio of 2.40 and a beta of 1.54.

Ralliant (NYSE:RAL) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.05. The firm had revenue of $567.80 million for the quarter. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. Equities research analysts forecast that Ralliant Corporation will post 2.88 EPS for the current year.

Ralliant Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 8th will be given a $0.05 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. Ralliant’s payout ratio is -1.84%.

Insider Buying and Selling at Ralliant

In other news, CEO Tamara S. Newcombe sold 12,936 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $71.79, for a total transaction of $928,675.44. Following the completion of the sale, the chief executive officer owned 251,967 shares of the company’s stock, valued at $18,088,710.93. The trade was a 4.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen M. Bick sold 6,062 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.00, for a total value of $436,464.00. Following the transaction, the senior vice president directly owned 31,668 shares of the company’s stock, valued at $2,280,096. The trade was a 16.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.42% of the company’s stock.

About Ralliant

Ralliant is a global industrial technology company that develops and provides mission-critical products and solutions for customers across industrial, electrical, electronic, utility and related markets. The company focuses on helping customers measure, monitor, test, maintain and improve the performance, safety and reliability of their assets and operations.

Ralliant’s portfolio includes electronic test and measurement instruments, industrial condition-monitoring systems, electrical testing equipment, reliability and maintenance software, sensors and related controls.