Ralliant Corporation (NYSE:RAL - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $42.00 and last traded at $42.05, with a volume of 1354446 shares. The stock had previously closed at $43.52.
Analysts Set New Price Targets
Several analysts recently commented on RAL shares. Melius assumed coverage on shares of Ralliant in a research report on Tuesday, July 22nd. They set a "hold" rating and a $56.00 price target on the stock. Wall Street Zen upgraded shares of Ralliant to a "hold" rating in a report on Sunday, July 13th. Seaport Res Ptn raised shares of Ralliant to a "hold" rating in a research note on Monday, July 14th. Barclays set a $60.00 target price on shares of Ralliant and gave the company an "overweight" rating in a report on Tuesday, July 15th. Finally, Melius Research upgraded shares of Ralliant to a "hold" rating in a research note on Tuesday, July 22nd. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $57.00.
Check Out Our Latest Stock Analysis on Ralliant
Ralliant Price Performance
Ralliant Dividend Announcement
The business also recently declared a -- dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Monday, September 8th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, September 8th.
Institutional Trading of Ralliant
Several institutional investors and hedge funds have recently modified their holdings of the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Ralliant in the 2nd quarter worth approximately $9,140,000. Generali Investments Management Co LLC bought a new position in Ralliant in the 2nd quarter valued at $47,000. Cetera Investment Advisers bought a new position in shares of Ralliant during the 2nd quarter worth $700,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Ralliant in the second quarter valued at about $1,410,000. Finally, Arcadia Investment Management Corp MI acquired a new position in shares of Ralliant in the second quarter valued at about $57,000.
Ralliant Company Profile
(
Get Free Report)
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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