Hsbc Holdings PLC purchased a new position in shares of Ralliant Corporation (NYSE:RAL – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 154,825 shares of the company’s stock, valued at approximately $11,433,000.
Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Ralliant in the 2nd quarter valued at about $1,039,481,000. Viking Global Investors LP bought a new position in Ralliant during the second quarter worth about $257,200,000. State Street Corp bought a new position in Ralliant during the second quarter worth about $213,096,000. Millennium Management LLC increased its stake in shares of Ralliant by 172.4% in the fourth quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock worth $253,175,000 after purchasing an additional 3,147,660 shares in the last quarter. Finally, Flossbach Von Storch SE purchased a new position in shares of Ralliant in the second quarter worth about $222,460,000.
Insider Buying and Selling at Ralliant
In related news, SVP Karen M. Bick sold 6,062 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $72.00, for a total value of $436,464.00. Following the sale, the senior vice president owned 31,668 shares in the company, valued at approximately $2,280,096. This trade represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tamara S. Newcombe sold 12,936 shares of Ralliant stock in a transaction on Friday, August 14th. The shares were sold at an average price of $71.79, for a total value of $928,675.44. Following the sale, the chief executive officer directly owned 251,967 shares of the company’s stock, valued at $18,088,710.93. This represents a 4.88% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.42% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on RAL
Ralliant Price Performance
RAL stock opened at $61.65 on Friday. The firm has a 50 day moving average of $68.40 and a 200-day moving average of $56.42. The firm has a market capitalization of $6.82 billion, a P/E ratio of -5.68, a price-to-earnings-growth ratio of 2.35 and a beta of 1.60. Ralliant Corporation has a 12 month low of $37.27 and a 12 month high of $75.41. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.75.
Ralliant (NYSE:RAL – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.05. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. The business had revenue of $567.80 million for the quarter. Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. As a group, sell-side analysts predict that Ralliant Corporation will post 2.87 earnings per share for the current fiscal year.
Ralliant Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, September 8th. Ralliant’s payout ratio is -1.84%.
Ralliant Company Profile
Ralliant, Inc (NYSE: RAL) is a medical technology company focused on enabling point-of-care cell therapy solutions in the field of regenerative medicine. The company develops and markets systems that isolate, concentrate and store adipose-derived stromal vascular fraction (SVF) cells directly from a patient’s own fat tissue, facilitating same-day, autologous treatments without the need for extensive laboratory infrastructure.
The company’s core product portfolio includes proprietary device platforms and single-use processing kits engineered to streamline the workflow for clinicians.
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