Ralliant (NYSE:RAL) Stock Price Target Lowered at Royal Bank Of Canada

Key Points

• Royal Bank of Canada lowered Ralliant’s price target to $72 from $73 and maintained a “sector perform” rating, implying roughly 0.89% downside from the stock’s $72.64 price.
• Analyst sentiment remains generally positive: Ralliant has a consensus “Moderate Buy” rating and an average price target of $77.40, supported by seven Buy ratings and five Holds.
• Ralliant exceeded quarterly earnings expectations, reporting $0.68 in EPS versus the $0.63 consensus estimate on $567.8 million in revenue; however, insiders sold 31,934 shares worth about $2.21 million over the past three months.

Ralliant (NYSE:RAL - Get Free Report) had its price objective reduced by stock analysts at Royal Bank Of Canada from $73.00 to $72.00 in a report released on Wednesday, Benzinga reports. The firm presently has a "sector perform" rating on the stock. Royal Bank Of Canada's target price would suggest a potential downside of 0.89% from the company's current price.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Ralliant from a "sell (d+)" rating to a "hold (c)" rating in a report on Thursday, October 8th. BMO Capital Markets started coverage on Ralliant in a report on Monday, July 20th. They set a "market perform" rating and a $78.00 price objective for the company. Truist Financial reissued a "buy" rating and issued a $82.00 target price (up from $68.00) on shares of Ralliant in a research report on Friday, July 31st. Oppenheimer raised their target price on Ralliant from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 9th. Finally, Seaport Research Partners upgraded Ralliant from a "neutral" rating to a "buy" rating and set a $88.00 target price on the stock in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Ralliant presently has a consensus rating of "Moderate Buy" and a consensus price target of $77.40.

Ralliant Stock Performance

RAL stock traded down $0.07 during mid-day trading on Wednesday, hitting $72.64. The company had a trading volume of 100,538 shares, compared to its average volume of 1,626,053. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.00 and a current ratio of 1.52. The firm has a market cap of $8.04 billion, a PE ratio of -6.71, a price-to-earnings-growth ratio of 2.68 and a beta of 1.39. Ralliant has a 12 month low of $37.27 and a 12 month high of $75.41. The stock's fifty day moving average price is $67.81 and its two-hundred day moving average price is $61.98.

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

Insider Activity at Ralliant

In other news, CEO Tamara Newcombe sold 12,936 shares of the business's stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $65.30, for a total value of $844,720.80. Following the sale, the chief executive officer owned 246,897 shares of the company's stock, valued at $16,122,374.10. The trade was a 4.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen Bick sold 6,062 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.00, for a total transaction of $436,464.00. Following the sale, the senior vice president owned 31,668 shares in the company, valued at $2,280,096. The trade was a 16.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 31,934 shares of company stock worth $2,209,860. Insiders own 0.42% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in shares of Ralliant by 54.7% during the third quarter. GAMMA Investing LLC now owns 1,971 shares of the company's stock worth $136,000 after acquiring an additional 697 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Ralliant by 40.9% in the third quarter. Farther Finance Advisors LLC now owns 1,797 shares of the company's stock worth $124,000 after acquiring an additional 522 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Ralliant in the second quarter valued at $273,000. Tidal Investments LLC purchased a new position in shares of Ralliant in the second quarter valued at $472,000. Finally, WINTON GROUP Ltd grew its position in shares of Ralliant by 37.6% in the second quarter. WINTON GROUP Ltd now owns 101,411 shares of the company's stock valued at $7,467,000 after purchasing an additional 27,704 shares in the last quarter.

About Ralliant

Ralliant Corporation NYSE: RAL is a global technology company that provides test, measurement, sensing and industrial solutions. Its products and services are used by manufacturers, utilities, aerospace and defense organizations, electronics companies, and other industrial customers to improve safety, quality, reliability and operational performance.

Ralliant's portfolio includes brands such as Fluke, Fluke Reliability, Industrial Scientific, Tektronix, Keithley, Qualitrol and EA Elektro-Automatik.

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