Louisiana State Employees Retirement System Acquires Shares of 52,666 Ralliant Corporation $RAL

Key Points

• The Louisiana State Employees Retirement System acquired 52,666 shares of Ralliant Corporation, valued at approximately $2.55 million, as part of their 2nd quarter investment activities.
• Wall Street analysts have a consensus rating of "Hold" on Ralliant, with a target price of $55.13 amidst varying ratings from multiple brokerages.
• Ralliant reported earnings of $0.67 per share for the last quarter, exceeding expectations of $0.60, although revenue fell short at $503.3 million compared to forecasts of $509.9 million.

Louisiana State Employees Retirement System acquired a new stake in shares of Ralliant Corporation (NYSE:RAL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 52,666 shares of the company's stock, valued at approximately $2,554,000.

Several other large investors have also bought and sold shares of RAL. ST Germain D J Co. Inc. bought a new position in Ralliant during the 2nd quarter valued at $27,000. CX Institutional bought a new position in Ralliant during the 2nd quarter valued at $47,000. GAMMA Investing LLC bought a new position in Ralliant during the 2nd quarter valued at $56,000. ORG Partners LLC bought a new position in Ralliant during the 2nd quarter valued at $70,000. Finally, Bartlett & CO. Wealth Management LLC bought a new position in Ralliant during the 2nd quarter valued at $74,000.

Wall Street Analyst Weigh In

Several brokerages have weighed in on RAL. Melius initiated coverage on Ralliant in a research note on Tuesday, July 22nd. They set a "hold" rating and a $56.00 price objective on the stock. Oppenheimer initiated coverage on Ralliant in a research report on Wednesday, September 10th. They set an "outperform" rating and a $55.00 target price for the company. Royal Bank Of Canada raised Ralliant to a "hold" rating in a research report on Tuesday, August 19th. Barclays decreased their target price on Ralliant from $60.00 to $59.00 and set an "overweight" rating for the company in a research report on Wednesday, August 13th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Ralliant in a research report on Wednesday. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $55.13.

Ralliant Price Performance

Shares of RAL opened at $41.49 on Friday. The business has a 50-day moving average price of $43.09. Ralliant Corporation has a fifty-two week low of $40.70 and a fifty-two week 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 announced its quarterly earnings data on Monday, August 11th. The company reported $0.67 earnings per share 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 Announces Dividend

The company also recently disclosed a -- dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 8th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 8th.

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.

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