OFI Invest Asset Management Makes New $4.32 Million Investment in Ralliant Corporation $RAL

Key Points

• OFI Invest Asset Management has made a new investment of approximately $4.32 million in Ralliant Corporation by acquiring 89,016 shares of the company's stock during the 2nd quarter.
• Several other institutional investors have also increased their stakes in Ralliant during the same period, with investments totaling over $4.25 million from various firms.
• Analysts have given Ralliant an average rating of "Hold" with a target price of $55.13, with some firms issuing "buy" ratings and different target prices ranging from $52.00 to $64.00.

OFI Invest Asset Management purchased a new position in shares of Ralliant Corporation (NYSE:RAL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 89,016 shares of the company's stock, valued at approximately $4,316,000. OFI Invest Asset Management owned approximately 0.08% of Ralliant at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new stake in Ralliant during the 2nd quarter worth about $70,000. Tandem Capital Management Corp ADV bought a new stake in Ralliant during the 2nd quarter worth about $443,000. FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new stake in Ralliant during the 2nd quarter worth about $356,000. Mountain Pacific Investment Advisers LLC bought a new stake in Ralliant during the 2nd quarter worth about $3,455,000. Finally, TD Private Client Wealth LLC bought a new stake in Ralliant during the 2nd quarter worth about $284,000.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on RAL shares. Morgan Stanley started coverage on shares of Ralliant in a report on Tuesday, September 2nd. They issued an "overweight" rating and a $55.00 target price on the stock. TD Cowen started coverage on shares of Ralliant in a report on Tuesday, July 15th. They issued a "buy" rating and a $64.00 target price on the stock. Seaport Res Ptn raised shares of Ralliant to a "hold" rating in a report on Monday, July 14th. Evercore ISI started coverage on shares of Ralliant in a report on Friday, July 18th. They issued an "in-line" rating and a $52.00 target price on the stock. Finally, Royal Bank Of Canada raised shares of Ralliant to a "hold" rating in a report on Tuesday, August 19th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $55.13.

Ralliant Trading Down 4.0%

Shares of RAL opened at $41.49 on Friday. Ralliant Corporation has a 52 week low of $40.70 and a 52 week high of $55.08. The firm has a 50-day moving average of $43.09. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38.

Ralliant (NYSE:RAL - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.07. The company had revenue of $503.30 million during 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 business also recently declared a -- dividend, which was paid on Tuesday, September 23rd. Investors of record on Monday, September 8th were paid a $0.05 dividend. The ex-dividend date was Monday, September 8th.

About Ralliant

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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