Palmer Knight Co purchased a new position in Ralliant Corporation (NYSE:RAL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 24,272 shares of the company's stock, valued at approximately $1,177,000.
A number of other large investors also recently bought and sold shares of RAL. ST Germain D J Co. Inc. acquired a new position in Ralliant in the 2nd quarter worth about $27,000. CX Institutional acquired a new position in Ralliant in the 2nd quarter worth about $47,000. Hazlett Burt & Watson Inc. acquired a new position in shares of Ralliant during the second quarter valued at approximately $53,000. GAMMA Investing LLC purchased a new position in shares of Ralliant in the second quarter valued at approximately $56,000. Finally, LRI Investments LLC purchased a new position in shares of Ralliant in the second quarter valued at approximately $61,000.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on RAL shares. Wall Street Zen raised Ralliant to a "hold" rating in a research note on Sunday, July 13th. Seaport Res Ptn raised Ralliant to a "hold" rating in a research note on Monday, July 14th. Melius Research raised Ralliant to a "hold" rating in a research note on Tuesday, July 22nd. 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 on the stock. Finally, Royal Bank Of Canada raised Ralliant to a "hold" rating in a research note on Tuesday, August 19th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Ralliant currently has an average rating of "Hold" and an average target price of $55.13.
View Our Latest Analysis on RAL
Ralliant Stock Performance
RAL stock opened at $42.37 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $43.00. Ralliant Corporation has a 1 year low of $40.70 and a 1 year high of $55.08.
Ralliant (NYSE:RAL - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.07. The company had revenue of $503.30 million during the quarter, compared to analysts' expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.
Ralliant Dividend Announcement
The firm also recently disclosed a -- dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 8th were given a $0.05 dividend. The ex-dividend date was Monday, September 8th.
About Ralliant
(
Free Report)
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.
Further Reading
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