Ralliant Corporation (NYSE:RAL) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Ralliant has a consensus analyst rating of “Moderate Buy” from 12 brokerages, with seven buy ratings, four hold ratings, and one sell rating. The average 12-month price target is $50.50.
• The stock recently traded at $47.21, putting it near analysts’ target range, and the company has a market cap of about $5.28 billion. Its balance sheet metrics include a quick ratio of 0.58 and a debt-to-equity ratio of 0.38.
• Ralliant announced a quarterly dividend of $0.05 per share, payable June 23, for an annualized yield of 0.4%. Insider activity was mixed, with one executive selling shares and a director making a notable purchase.

Ralliant Corporation (NYSE:RAL - Get Free Report) has earned an average rating of "Moderate Buy" from the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $50.50.

Several brokerages have commented on RAL. Vertical Research raised shares of Ralliant from a "hold" rating to a "buy" rating and set a $45.00 price target for the company in a research report on Friday, February 6th. Oppenheimer decreased their price target on shares of Ralliant from $60.00 to $50.00 and set an "outperform" rating for the company in a research report on Friday, February 6th. Barclays decreased their price target on shares of Ralliant from $60.00 to $52.00 and set an "overweight" rating for the company in a research report on Monday, February 9th. Morgan Stanley reissued an "overweight" rating and issued a $45.00 price target on shares of Ralliant in a research report on Friday, February 6th. Finally, Zacks Research raised shares of Ralliant from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th.

Ralliant Stock Performance

Shares of RAL stock opened at $47.21 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.84 and a debt-to-equity ratio of 0.38. Ralliant has a 52 week low of $37.27 and a 52 week high of $57.02. The stock has a market capitalization of $5.28 billion and a PE ratio of 24.09. The firm has a 50 day moving average of $44.26 and a two-hundred day moving average of $47.00.

Ralliant Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, June 8th. Ralliant's payout ratio is 10.20%.

Insider Buying and Selling at Ralliant

In other news, SVP Karen M. Bick sold 2,530 shares of Ralliant stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $46.50, for a total transaction of $117,645.00. Following the completion of the sale, the senior vice president directly owned 42,652 shares of the company's stock, valued at approximately $1,983,318. The trade was a 5.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kate Mitchell acquired 2,350 shares of the firm's stock in a transaction dated Tuesday, February 10th. The shares were purchased at an average cost of $42.48 per share, with a total value of $99,828.00. Following the completion of the transaction, the director owned 8,411 shares in the company, valued at approximately $357,299.28. The trade was a 38.77% increase in their position. The disclosure for this purchase is available in the SEC filing.

Institutional Investors Weigh In On Ralliant

Several institutional investors have recently modified their holdings of RAL. Danske Bank A S purchased a new stake in shares of Ralliant during the 4th quarter worth $25,000. Westfuller Advisors LLC purchased a new stake in shares of Ralliant during the 3rd quarter worth $26,000. V Square Quantitative Management LLC purchased a new stake in shares of Ralliant during the 4th quarter worth $26,000. Allworth Financial LP lifted its position in shares of Ralliant by 134.4% during the 4th quarter. Allworth Financial LP now owns 511 shares of the company's stock worth $26,000 after purchasing an additional 293 shares during the last quarter. Finally, Palisade Asset Management LLC purchased a new stake in shares of Ralliant during the 3rd quarter worth $26,000.

About Ralliant

Ralliant, Inc NYSE: RAL is a medical technology company focused on enabling point-of-care cell therapy solutions in the field of regenerative medicine. The company develops and markets systems that isolate, concentrate and store adipose-derived stromal vascular fraction (SVF) cells directly from a patient's own fat tissue, facilitating same-day, autologous treatments without the need for extensive laboratory infrastructure.

The company's core product portfolio includes proprietary device platforms and single-use processing kits engineered to streamline the workflow for clinicians.

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