Squarepoint Ops LLC Buys New Position in Ralliant Corporation $RAL

Squarepoint Ops LLC purchased a new position in Ralliant Corporation (NYSE:RAL) during the 2nd quarter, Holdings Channel reports. The fund purchased 143,823 shares of the company’s stock, valued at approximately $6,974,000.

Several other institutional investors and hedge funds also recently bought and sold shares of RAL. ORG Partners LLC bought a new stake in Ralliant during the 2nd quarter valued at approximately $70,000. Nordea Investment Management AB bought a new position in Ralliant in the 2nd quarter worth approximately $29,477,000. Cullen Frost Bankers Inc. purchased a new stake in Ralliant during the 2nd quarter valued at approximately $144,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Ralliant during the second quarter valued at approximately $1,410,000. Finally, Boston Partners purchased a new position in shares of Ralliant in the second quarter worth $63,656,000.

Analyst Ratings Changes

A number of equities research analysts recently commented on RAL shares. Truist Financial started coverage on Ralliant in a research report on Friday. They issued a “buy” rating and a $62.00 target price on the stock. Citigroup raised shares of Ralliant from a “neutral” rating to a “buy” rating and upped their price target for the company from $53.00 to $61.00 in a research note on Monday, December 8th. Morgan Stanley assumed coverage on shares of Ralliant in a research note on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price objective for the company. Royal Bank Of Canada upped their target price on shares of Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a research report on Friday, November 7th. Finally, Oppenheimer began coverage on Ralliant in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price target for the company. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Ralliant has a consensus rating of “Moderate Buy” and an average target price of $57.33.

Ralliant Stock Down 2.6%

RAL stock opened at $50.85 on Monday. Ralliant Corporation has a twelve month low of $40.70 and a twelve month high of $55.08. The company has a market capitalization of $5.74 billion and a PE ratio of 40.04. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 1.03. The company’s fifty day moving average price is $46.02.

Ralliant (NYSE:RAL) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $529.10 million for the quarter, compared to analysts’ expectations of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Announces Dividend

The firm also recently declared 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. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, December 8th. Ralliant’s dividend payout ratio (DPR) is currently 15.75%.

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.