Keybank National Association OH Purchases New Position in Ralliant Corporation $RAL

Keybank National Association OH bought a new stake in Ralliant Corporation (NYSE:RAL) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,452 shares of the company’s stock, valued at approximately $798,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. ORG Partners LLC purchased a new stake in shares of Ralliant in the second quarter valued at about $70,000. Nordea Investment Management AB purchased a new position in Ralliant during the second quarter worth about $29,477,000. Cullen Frost Bankers Inc. purchased a new position in Ralliant during the second quarter worth about $144,000. Tandem Capital Management Corp ADV purchased a new position in Ralliant during the second quarter worth about $443,000. Finally, Capital Investment Services of America Inc. purchased a new position in Ralliant during the second quarter worth about $686,000.

Ralliant Price Performance

Shares of NYSE RAL opened at $44.25 on Tuesday. Ralliant Corporation has a 12-month low of $40.70 and a 12-month high of $55.08. The stock has a market capitalization of $4.99 billion and a P/E ratio of 66.04. The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 0.38. The firm has a 50-day simple moving average of $42.98.

Ralliant (NYSE:RAL) last announced its quarterly earnings data 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 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, December 8th. This represents a $0.20 annualized dividend and a dividend yield of 0.5%. Ralliant’s dividend payout ratio is presently 29.85%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on RAL. Barclays cut their price target on shares of Ralliant from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. Morgan Stanley began coverage on shares of Ralliant in a report on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 price target for the company. Seaport Res Ptn raised shares of Ralliant to a “hold” rating in a report on Monday, July 14th. Melius Research raised shares of Ralliant to a “hold” rating in a report on Tuesday, July 22nd. Finally, Melius began coverage on shares of Ralliant in a report on Tuesday, July 22nd. They set a “hold” rating and a $56.00 price target for the company. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target 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.