Parsons Capital Management Inc. RI Purchases New Shares in Ralliant Corporation $RAL

Key Points

• Parsons Capital Management Inc. purchased 6,250 shares of Ralliant Corporation, valued at approximately $303,000, as part of a larger trend of institutional investments in the company during the second quarter.
• Wall Street analysts have positive outlooks for Ralliant, with several firms issuing an "overweight" or "outperform" rating and setting price targets around $55.00.
• Ralliant recently declared a $0.05 per share dividend, paid to investors of record, indicating ongoing shareholder returns.

Parsons Capital Management Inc. RI acquired a new stake in Ralliant Corporation (NYSE:RAL - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,250 shares of the company's stock, valued at approximately $303,000.

Other large investors have also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. bought a new stake in shares of Ralliant in the second quarter valued at about $4,802,000. Mountain Pacific Investment Advisers LLC acquired a new stake in Ralliant in the 2nd quarter worth about $3,455,000. State of Alaska Department of Revenue bought a new stake in Ralliant in the 2nd quarter valued at about $2,788,000. Public Employees Retirement System of Ohio acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $1,799,000. Finally, Truist Financial Corp acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $1,409,000.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on RAL shares. Morgan Stanley assumed coverage on Ralliant in a research note on Tuesday, September 2nd. They issued an "overweight" rating and a $55.00 price target for the company. Wall Street Zen raised Ralliant to a "hold" rating in a report on Sunday, July 13th. Oppenheimer began coverage on Ralliant in a report on Wednesday, September 10th. They set an "outperform" rating and a $55.00 target price on the stock. Citigroup started coverage on Ralliant in a research report on Monday, July 21st. They issued a "neutral" rating and a $53.00 price target on the stock. Finally, Melius Research raised shares of Ralliant to a "hold" rating in a research report on Tuesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Ralliant presently has a consensus rating of "Hold" and a consensus price target of $55.13.

Ralliant Trading Up 0.3%

Shares of RAL opened at $44.35 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.59. Ralliant Corporation has a 52-week low of $40.70 and a 52-week high of $55.08. The firm has a fifty day simple moving average of $43.39.

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 business had revenue of $503.30 million for the quarter, compared to the consensus estimate 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 issued a dividend of $0.05 per share. The ex-dividend date of this dividend 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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