Mountain Pacific Investment Advisers LLC purchased a new stake in Ralliant Corporation (NYSE:RAL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 71,253 shares of the company's stock, valued at approximately $3,455,000. Mountain Pacific Investment Advisers LLC owned approximately 0.06% of Ralliant as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the business. Dogwood Wealth Management LLC bought a new position in shares of Ralliant in the second quarter worth approximately $87,000. Bartlett & CO. Wealth Management LLC purchased a new position in Ralliant in the 2nd quarter worth approximately $74,000. Brown Shipley& Co Ltd bought a new position in shares of Ralliant in the 2nd quarter worth $259,000. Liberty Capital Management Inc. purchased a new stake in shares of Ralliant during the 2nd quarter valued at $520,000. Finally, Truist Financial Corp bought a new stake in shares of Ralliant during the 2nd quarter worth $1,409,000.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Wall Street Zen raised Ralliant to a "hold" rating in a research note on Sunday, July 13th. TD Cowen started coverage on Ralliant in a report on Tuesday, July 15th. They set a "buy" rating and a $64.00 price objective on the stock. Evercore ISI began coverage on Ralliant in a research report on Friday, July 18th. They issued an "in-line" rating and a $52.00 target price for the company. Morgan Stanley initiated coverage on shares of Ralliant in a research report on Tuesday, September 2nd. They set an "overweight" rating and a $55.00 price target on the stock. Finally, Melius initiated coverage on shares of Ralliant in a research note on Tuesday, July 22nd. They set a "hold" rating and a $56.00 price target on the stock. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Ralliant currently has an average rating of "Hold" and an average price target of $55.13.
Check Out Our Latest Analysis on Ralliant
Ralliant Stock Up 0.8%
Shares of Ralliant stock opened at $44.09 on Thursday. Ralliant Corporation has a one year low of $40.70 and a one year high of $55.08. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.59. The stock has a 50 day moving average of $43.50.
Ralliant (NYSE:RAL - Get Free Report) last issued its earnings results on Monday, August 11th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The firm 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 company also recently announced a -- dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 8th were issued a dividend of $0.05 per share. 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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