Ralliant (NYSE:RAL) Price Target Raised to $88.00

Ralliant (NYSE:RAL) had its target price upped by investment analysts at Citigroup from $85.00 to $88.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup‘s price target would indicate a potential upside of 40.94% from the company’s current price.

A number of other research analysts have also weighed in on the company. TD Cowen raised their price objective on Ralliant from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Evercore reissued an “outperform” rating on shares of Ralliant in a report on Tuesday, September 22nd. Seaport Research Partners raised Ralliant from a “neutral” rating to a “buy” rating and set a $88.00 price target for the company in a research note on Wednesday, October 14th. Zacks Research downgraded Ralliant from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 30th. Finally, Oppenheimer lifted their target price on shares of Ralliant from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 9th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $78.40.

Ralliant Price Performance

Shares of RAL traded down $9.14 during midday trading on Thursday, reaching $62.44. The stock had a trading volume of 3,089,762 shares, compared to its average volume of 1,620,465. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of -5.75, a price-to-earnings-growth ratio of 2.64 and a beta of 1.42. The company’s 50-day moving average is $68.08 and its 200 day moving average is $58.88. Ralliant has a 12-month low of $37.27 and a 12-month high of $75.41.

Ralliant (NYSE:RAL) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.77 by $0.16. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%. The firm had revenue of $620.10 million for the quarter. During the same quarter in the prior year, the firm posted $0.60 EPS. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. On average, equities analysts predict that Ralliant will post 2.88 EPS for the current fiscal year.

Insider Transactions at Ralliant

In related news, CEO Tamara S. Newcombe sold 12,936 shares of the stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $70.58, for a total transaction of $913,022.88. Following the completion of the transaction, the chief executive officer owned 246,897 shares of the company’s stock, valued at approximately $17,425,990.26. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen M. Bick sold 6,062 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $72.00, for a total transaction of $436,464.00. Following the sale, the senior vice president owned 31,668 shares in the company, valued at $2,280,096. This trade represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,870 shares of company stock valued at $3,122,883 over the last quarter. Company insiders own 0.42% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in RAL. BlackRock Inc. purchased a new stake in Ralliant in the 2nd quarter valued at $1,039,481,000. Legal & General Group Plc acquired a new stake in Ralliant in the 2nd quarter worth about $18,349,000. Public Employees Retirement System of Ohio acquired a new stake in Ralliant during the second quarter worth about $2,474,000. Irenic Capital Management LP grew its stake in shares of Ralliant by 424.1% in the first quarter. Irenic Capital Management LP now owns 1,740,218 shares of the company’s stock valued at $72,376,000 after buying an additional 1,408,176 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Ralliant during the second quarter worth about $1,238,000.

Trending Headlines about Ralliant

Here are the key news stories impacting Ralliant this week:

• Positive Sentiment: Ralliant reported Q3 revenue of $620 million, up 17% year over year, and adjusted EPS of $0.93 versus the $0.77 consensus estimate. Adjusted EPS rose 64% year over year, and the company raised its fiscal 2026 guidance. Ralliant Q3 results and guidance
• Positive Sentiment: Truist reaffirmed its Buy rating and raised its price target to $88 from $82, signaling continued optimism about RAL’s prospects. Truist rating
• Neutral Sentiment: Royal Bank of Canada lifted its target to $73 from $72 but maintained a Sector Perform rating, indicating a more measured view despite the higher valuation estimate. RBC rating

About Ralliant

Ralliant Corporation (NYSE: RAL) is an industrial technology company that develops and supplies highly engineered products and solutions for customers with demanding measurement, monitoring, sensing and reliability requirements. Its offerings are designed to support the performance, safety and efficiency of industrial equipment and processes.

The company’s portfolio includes test and measurement instruments, sensing and monitoring technologies, power and electrical solutions, and products used to improve the reliability and maintenance of industrial assets.