Ralliant (NYSE:RAL) Upgraded by Royal Bank Of Canada to Hold Rating

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 published on Tuesday,Zacks.com reports.

RAL has been the topic of a number of other reports. Wall Street Zen upgraded shares of Ralliant to a "hold" rating in a research note on Sunday, July 13th. Evercore ISI assumed coverage on shares of Ralliant in a research note on Friday, July 18th. They set an "in-line" rating and a $52.00 price target on the stock. TD Cowen assumed coverage on shares of Ralliant in a research note on Tuesday, July 15th. They set a "buy" rating and a $64.00 price target on the stock. Melius Research upgraded shares of Ralliant to a "hold" rating in a research note on Tuesday, July 22nd. Finally, Melius assumed coverage on shares of Ralliant in a research note on Tuesday, July 22nd. They set a "hold" rating and a $56.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $55.17.

Ralliant Stock Down 3.0%

RAL traded down $1.30 on Tuesday, hitting $42.45. 444,868 shares of the company traded hands, compared to its average volume of 2,487,980. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38. Ralliant has a 12-month low of $40.97 and a 12-month 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 EPS for the quarter, beating the consensus estimate of $0.60 by $0.07. The company had revenue of $503.30 million for 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 company also recently declared a -- dividend, which will be paid on Tuesday, September 23rd. Investors of record on Monday, September 8th will be issued a $0.05 dividend. The ex-dividend date is Monday, September 8th.

Institutional Investors Weigh In On Ralliant

A number of institutional investors and hedge funds have recently modified their holdings of RAL. Farmers & Merchants Investments Inc. acquired a new stake in shares of Ralliant in the 2nd quarter worth approximately $662,000. GAMMA Investing LLC acquired a new stake in shares of Ralliant in the 2nd quarter worth approximately $56,000. Alpha Omega Wealth Management LLC acquired a new stake in shares of Ralliant in the 2nd quarter worth approximately $213,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Ralliant in the 2nd quarter worth approximately $1,799,000. Finally, TD Private Client Wealth LLC acquired a new stake in shares of Ralliant in the 2nd quarter worth approximately $284,000.

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.