Truist Financial Corp Purchases New Stake in Ralliant Corporation $RAL

Key Points

• Truist Financial Corp has acquired a new stake in Ralliant Corporation, purchasing 29,065 shares valued at approximately $1.41 million during the second quarter.
• Ralliant Corporation's stock is currently down 4.0%, with a recent trading price of $41.49 compared to a 12-month high of $55.08.
• Research analysts have mixed ratings on Ralliant, with a consensus rating of “Hold” and an average target price of $55.13, indicating potential for stock growth.

Truist Financial Corp bought a new stake in shares of Ralliant Corporation (NYSE:RAL - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 29,065 shares of the company's stock, valued at approximately $1,409,000.

A number of other large investors also recently added to or reduced their stakes in the business. State of Alaska Department of Revenue bought a new stake in shares of Ralliant during the second quarter worth approximately $2,788,000. Public Employees Retirement System of Ohio acquired a new stake in Ralliant during the 2nd quarter worth $1,799,000. Farmers & Merchants Investments Inc. acquired a new stake in Ralliant during the 2nd quarter worth $662,000. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new stake in Ralliant during the 2nd quarter worth $356,000. Finally, TD Private Client Wealth LLC acquired a new stake in Ralliant during the 2nd quarter worth $284,000.

Ralliant Stock Down 4.0%

RAL opened at $41.49 on Friday. The company has a fifty day moving average of $43.09. Ralliant Corporation has a 12 month low of $40.70 and a 12 month high of $55.08. 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 released its quarterly earnings results on Monday, August 11th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.07. The firm 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 Dividend Announcement

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.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings restated a "sell (d+)" rating on shares of Ralliant in a research report on Wednesday. Morgan Stanley started coverage on Ralliant in a research note on Tuesday, September 2nd. They issued an "overweight" rating and a $55.00 target price on the stock. Melius Research raised Ralliant to a "hold" rating in a research note on Tuesday, July 22nd. Seaport Res Ptn upgraded shares of Ralliant to a "hold" rating in a report on Monday, July 14th. Finally, Citigroup began coverage on shares of Ralliant in a report on Monday, July 21st. They set a "neutral" rating and a $53.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price 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.

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