Ralliant (NYSE:RAL) Upgraded at Royal Bank Of Canada

Key Points

• Ralliant (NYSE: RAL) has been upgraded to a "hold" rating by Royal Bank of Canada and is currently rated as a "hold" by several other research firms, with a consensus target price of $55.17.
• Shares of Ralliant have recently declined by 2.1%, trading at $41.96, with a 52-week range of $41.96 to $55.08.
• In its most recent quarterly earnings report, Ralliant exceeded earnings expectations with $0.67 EPS, but reported revenue slightly below analyst estimates at $503.30 million.

Royal Bank Of Canada upgraded shares of Ralliant (NYSE:RAL - Free Report) to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

A number of other analysts have also weighed in on RAL. Wall Street Zen raised shares of Ralliant to a "hold" rating in a research report on Sunday, July 13th. Evercore ISI initiated coverage on shares of Ralliant in a research report on Friday, July 18th. They issued an "in-line" rating and a $52.00 price objective on the stock. Melius Research raised shares of Ralliant to a "hold" rating in a research report on Tuesday, July 22nd. Melius assumed coverage on shares of Ralliant in a research report on Tuesday, July 22nd. They issued a "hold" rating and a $56.00 price objective on the stock. Finally, TD Cowen assumed coverage on shares of Ralliant in a research note on Tuesday, July 15th. They issued a "buy" rating and a $64.00 target price on the stock. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $55.17.

Ralliant Stock Up 4.5%

Ralliant stock traded up $1.88 during midday trading on Tuesday, reaching $43.85. The stock had a trading volume of 1,708,351 shares, compared to its average volume of 1,290,458. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.59 and a quick ratio of 1.03. Ralliant has a 52-week low of $40.97 and a 52-week high of $55.08.

Ralliant (NYSE:RAL - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.07. The firm had revenue of $503.30 million during the quarter, compared to analysts' expectations of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Ralliant Announces Dividend

The business also recently announced a -- dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Monday, September 8th will be paid a $0.05 dividend. The ex-dividend date is Monday, September 8th.

Hedge Funds Weigh In On Ralliant

Hedge funds have recently added to or reduced their stakes in the stock. ST Germain D J Co. Inc. bought a new position in Ralliant in the 2nd quarter worth about $27,000. Manchester Capital Management LLC bought a new position in shares of Ralliant during the second quarter valued at approximately $29,000. Evermay Wealth Management LLC bought a new position in shares of Ralliant during the second quarter valued at approximately $32,000. SouthState Corp bought a new position in shares of Ralliant during the second quarter valued at approximately $35,000. Finally, Nomura Asset Management Co. Ltd. bought a new position in shares of Ralliant during the second quarter valued at approximately $38,000.

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.