Bull Street Advisors LLC Buys Shares of 6,166 Ralliant Corporation $RAL

Key Points

• Bull Street Advisors LLC purchased 6,166 shares of Ralliant Corporation, valued at approximately $299,000, in the second quarter.
• Ralliant reported earnings of $0.67 per share for the last quarter, exceeding expectations of $0.60, but revenue fell short of estimates at $503.30 million.
• The company announced a dividend of $0.05 per share, with the payment made on September 23rd to investors of record on September 8th.

Bull Street Advisors LLC bought a new stake in shares of Ralliant Corporation (NYSE:RAL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,166 shares of the company's stock, valued at approximately $299,000.

A number of other large investors have also recently modified their holdings of the company. LRI Investments LLC purchased a new stake in shares of Ralliant in the second quarter valued at approximately $61,000. CWM LLC purchased a new stake in shares of Ralliant in the second quarter valued at approximately $280,000. OFI Invest Asset Management purchased a new stake in shares of Ralliant in the second quarter valued at approximately $4,316,000. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Ralliant in the second quarter valued at approximately $2,544,000. Finally, Fifth Third Wealth Advisors LLC purchased a new stake in shares of Ralliant in the second quarter valued at approximately $226,000.

Ralliant Stock Down 4.0%

Shares of RAL stock opened at $41.49 on Friday. The business's fifty day simple moving average is $43.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.59. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08.

Ralliant (NYSE:RAL - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.07. The business had revenue of $503.30 million for the quarter, compared to analyst estimates of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Announces Dividend

The company also recently announced 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 of this dividend was Monday, September 8th.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on RAL shares. Melius started coverage on shares of Ralliant in a research note on Tuesday, July 22nd. They issued a "hold" rating and a $56.00 price objective for the company. Wall Street Zen raised shares of Ralliant to a "hold" rating in a research note on Sunday, July 13th. Melius Research raised shares of Ralliant to a "hold" rating in a research note on Tuesday, July 22nd. Evercore ISI started coverage on shares of Ralliant in a research note on Friday, July 18th. They issued an "in-line" rating and a $52.00 price objective for the company. Finally, Barclays reduced their price objective on shares of Ralliant from $60.00 to $59.00 and set an "overweight" rating for the company in a research note on Wednesday, August 13th. Four investment 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's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $55.13.

Ralliant Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.