Generali Asset Management SPA SGR Invests $726,000 in Ralliant Corporation $RAL

Key Points

• Generali Asset Management SPA SGR invested approximately $726,000 in Ralliant Corporation by purchasing 13,699 shares during the second quarter.
• Ralliant Corporation reported an earnings per share (EPS) of $0.67 for the last quarter, surpassing analysts’ expectations of $0.60.
• A dividend of $0.05 per share was recently declared and paid to shareholders, signaling financial stability for Ralliant Corporation.

Generali Asset Management SPA SGR purchased a new position in Ralliant Corporation (NYSE:RAL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 13,699 shares of the company's stock, valued at approximately $726,000.

A number of other institutional investors also recently made changes to their positions in RAL. ST Germain D J Co. Inc. acquired a new position in shares of Ralliant in the second quarter worth $27,000. CX Institutional acquired a new position in shares of Ralliant in the second quarter worth $47,000. Hazlett Burt & Watson Inc. acquired a new position in shares of Ralliant in the second quarter worth $53,000. GAMMA Investing LLC acquired a new position in shares of Ralliant in the second quarter worth $56,000. Finally, LRI Investments LLC acquired a new position in shares of Ralliant in the second quarter worth $61,000.

Ralliant Price Performance

RAL stock opened at $42.37 on Friday. The firm's 50-day moving average price is $43.00. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38.

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 firm had revenue of $503.30 million for the quarter, compared to analysts' expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Announces Dividend

The company also recently declared a -- dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, September 8th.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on RAL shares. Citigroup assumed coverage on Ralliant in a report on Monday, July 21st. They issued a "neutral" rating and a $53.00 price target for the company. TD Cowen assumed coverage on Ralliant in a research report on Tuesday, July 15th. They issued a "buy" rating and a $64.00 price objective for the company. Barclays lowered their price objective on Ralliant from $60.00 to $59.00 and set an "overweight" rating for the company in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Ralliant in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada raised Ralliant to a "hold" rating in a research report on Tuesday, August 19th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ralliant has a consensus rating of "Hold" and a consensus price target 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.

Want to see what other hedge funds are holding RAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ralliant Corporation (NYSE:RAL - Free Report).

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.