Maryland State Retirement & Pension System Takes $1.87 Million Position in Ralliant Corporation $RAL

Key Points

• The Maryland State Retirement & Pension System has purchased a new stake in Ralliant Corporation, acquiring 38,490 shares valued at approximately $1.87 million.
• Several institutional investors increased their positions in Ralliant during the second quarter, with total investments exceeding $5 million from various entities.
• Ralliant's recent earnings report showed an EPS of $0.67, which surpassed analysts' expectations, but revenue fell short of estimates at $503.30 million.

Maryland State Retirement & Pension System purchased a new stake in shares of Ralliant Corporation (NYSE:RAL - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 38,490 shares of the company's stock, valued at approximately $1,866,000.

Several other institutional investors have also recently modified their holdings of the stock. Louisiana State Employees Retirement System acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $2,554,000. KLP Kapitalforvaltning AS acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $1,149,000. Regency Capital Management Inc. DE acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $667,000. Drake & Associates LLC acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $413,000. Finally, 111 Capital acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $351,000.

Analyst Ratings Changes

Several research analysts recently issued reports on RAL shares. Melius started coverage on Ralliant in a research report on Tuesday, July 22nd. They set a "hold" rating and a $56.00 price objective for the company. Melius Research upgraded Ralliant to a "hold" rating in a research report on Tuesday, July 22nd. Evercore ISI assumed coverage on Ralliant in a research report on Friday, July 18th. They set an "in-line" rating and a $52.00 price objective for the company. TD Cowen assumed coverage on shares of Ralliant in a research note on Tuesday, July 15th. They issued a "buy" rating and a $64.00 target price for the company. Finally, Citigroup assumed coverage on shares of Ralliant in a research note on Monday, July 21st. They issued a "neutral" rating and a $53.00 target price for the company. Four research 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's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $55.13.

Ralliant Stock Down 4.0%

RAL stock opened at $41.49 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.59 and a quick ratio of 1.03. Ralliant Corporation has a one year low of $40.70 and a one year high of $55.08. The stock has a 50 day moving average price of $43.09.

Ralliant (NYSE:RAL - Get Free Report) last released its earnings results on Monday, August 11th. The company reported $0.67 EPS 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 Dividend Announcement

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

Ralliant Company 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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