Bank of America Corp DE Invests $42 Million in Ralliant Corporation $RAL

Key Points

• Bank of America acquired 570,428 Ralliant shares worth approximately $42 million in the second quarter, representing about 0.52% of the company. Several other institutional investors also initiated positions.
• Ralliant insiders sold 31,934 shares worth roughly $2.21 million over the past 90 days, including sales by the CEO and a senior vice president under pre-arranged Rule 10b5-1 plans.
• Ralliant reported quarterly EPS of $0.68, beating estimates of $0.63, and provided fiscal 2026 EPS guidance of $2.76–$2.90. Analysts maintain a “Moderate Buy” consensus with an average price target of $77.20, above the stock’s reported $68.79 price.

Bank of America Corp DE bought a new position in Ralliant Corporation (NYSE:RAL - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 570,428 shares of the company's stock, valued at approximately $42,001,000. Bank of America Corp DE owned approximately 0.52% of Ralliant as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Freestone Grove Partners LP purchased a new stake in Ralliant during the second quarter valued at about $15,211,000. Man Group plc purchased a new stake in shares of Ralliant in the 2nd quarter worth about $10,805,000. Jupiter Topco LLC purchased a new stake in Ralliant in the second quarter worth about $3,588,000. Hsbc Holdings PLC bought a new stake in Ralliant during the 2nd quarter valued at approximately $11,433,000. Finally, Canada Pension Plan Investment Board bought a new stake in Ralliant during the 2nd quarter valued at approximately $1,238,000.

Insider Activity at Ralliant

In other news, CEO Tamara S. Newcombe sold 12,936 shares of the business's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $65.30, for a total transaction of $844,720.80. Following the completion of 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 position. The sale was disclosed in a legal filing with the SEC, 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 company's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $72.00, for a total value of $436,464.00. Following the completion of the sale, the senior vice president owned 31,668 shares of the company's stock, valued at $2,280,096. This trade represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 31,934 shares of company stock valued at $2,209,860 over the last 90 days. 0.42% of the stock is currently owned by company insiders.

Ralliant Stock Up 1.2%

RAL stock opened at $68.79 on Tuesday. The stock has a market capitalization of $7.61 billion, a P/E ratio of -6.34, a P/E/G ratio of 2.52 and a beta of 1.54. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.52 and a quick ratio of 1.00. Ralliant Corporation has a 1-year low of $37.27 and a 1-year high of $75.41. The business has a fifty day moving average price of $66.79 and a 200-day moving average price of $58.85.

Ralliant (NYSE:RAL - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.63 by $0.05. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%.The company had revenue of $567.80 million for 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. Equities analysts forecast that Ralliant Corporation will post 2.88 earnings per share for the current fiscal 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 paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, September 8th. Ralliant's dividend payout ratio is -1.84%.

Wall Street Analysts Forecast Growth

RAL has been the topic of a number of recent research reports. Vertical Research downgraded shares of Ralliant from a "buy" rating to a "hold" rating and set a $65.00 target price on the stock. in a research report on Wednesday, May 27th. Royal Bank Of Canada boosted their price objective on shares of Ralliant from $71.00 to $73.00 and gave the stock a "sector perform" rating in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Ralliant from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday. Morgan Stanley raised their target price 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. Finally, Oppenheimer lifted their target price on shares of Ralliant from $75.00 to $80.00 and gave the company an "outperform" rating in a report on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $77.20.

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.

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