California State Teachers Retirement System Has $688.89 Million Stock Position in Ralliant Corporation $RAL

Key Points

• California State Teachers Retirement System increased its Ralliant stake by 7,051.8% in the second quarter, holding 9.36 million shares worth approximately $688.9 million, or 8.46% of the company.
• Ralliant exceeded quarterly earnings expectations, reporting $0.68 in EPS versus the $0.63 consensus on $567.8 million in revenue. The company issued fiscal 2026 EPS guidance of $2.76–$2.90.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $77.20 versus the stock’s reported $67.36 price. Ralliant also declared a quarterly dividend of $0.05 per share.

California State Teachers Retirement System lifted its stake in shares of Ralliant Corporation (NYSE:RAL - Free Report) by 7,051.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,356,090 shares of the company's stock after buying an additional 9,225,268 shares during the quarter. California State Teachers Retirement System owned about 8.46% of Ralliant worth $688,889,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of RAL. Cetera Investment Advisers bought a new position in Ralliant in the second quarter worth approximately $700,000. Russell Investments Group Ltd. bought a new position in shares of Ralliant in the 2nd quarter worth $1,465,000. EverSource Wealth Advisors LLC bought a new position in shares of Ralliant in the 2nd quarter worth $39,000. First Trust Advisors LP acquired a new stake in Ralliant in the 2nd quarter valued at $2,013,000. Finally, Federated Hermes Inc. acquired a new stake in Ralliant in the 2nd quarter valued at $326,000.

Ralliant Price Performance

RAL opened at $67.36 on Monday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.52 and a quick ratio of 1.00. The company has a market capitalization of $7.45 billion, a price-to-earnings ratio of -6.21, a P/E/G ratio of 2.49 and a beta of 1.54. The firm's fifty day moving average price is $66.97 and its two-hundred day moving average price is $57.96. Ralliant Corporation has a 1 year low of $37.27 and a 1 year high of $75.41.

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

Ralliant Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 8th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, September 8th. Ralliant's dividend payout ratio is presently -1.84%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on RAL. BMO Capital Markets started coverage on shares of Ralliant in a report on Monday, July 20th. They set a "market perform" rating and a $78.00 price objective on the stock. Oppenheimer lifted their price objective on shares of Ralliant from $75.00 to $80.00 and gave the company an "outperform" rating in a report on Wednesday. Zacks Research raised shares of Ralliant from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 30th. Citigroup upped their target price on shares of Ralliant from $81.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Wall Street Zen cut shares of Ralliant from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $77.20.

Insider Buying and Selling

In other Ralliant news, SVP Karen M. Bick sold 6,062 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.00, for a total value of $436,464.00. Following the sale, the senior vice president directly owned 31,668 shares in the company, valued at $2,280,096. This represents a 16.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tamara S. Newcombe sold 12,936 shares of the business's stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $71.79, for a total value of $928,675.44. Following the transaction, the chief executive officer owned 251,967 shares of the company's stock, valued at approximately $18,088,710.93. The trade was a 4.88% 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. Corporate insiders own 0.42% of the company's stock.

Ralliant Company Profile

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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