Ralliant (NYSE:RAL) CEO Tamara Newcombe Sells 12,936 Shares

Ralliant Corporation (NYSE:RALGet Free Report) CEO Tamara Newcombe sold 12,936 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $65.30, for a total value of $844,720.80. Following the completion of the sale, the chief executive officer owned 246,897 shares of the company’s stock, valued at approximately $16,122,374.10. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ralliant Stock Up 2.7%

Ralliant stock traded up $1.76 during midday trading on Wednesday, hitting $67.34. 1,945,948 shares of the company were exchanged, compared to its average volume of 1,269,225. The company has a market cap of $7.45 billion, a PE ratio of -6.21, a price-to-earnings-growth ratio of 2.43 and a beta of 1.54. Ralliant Corporation has a fifty-two week low of $37.27 and a fifty-two week high of $75.41. The company’s fifty day moving average price is $66.84 and its 200-day moving average price is $58.38. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.52 and a quick ratio of 1.00.

Ralliant (NYSE:RALGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. The company had revenue of $567.80 million for the quarter. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. Ralliant has set its FY 2026 guidance at 2.760-2.900 EPS and its Q3 2026 guidance at 0.720-0.780 EPS. On average, research analysts predict that Ralliant Corporation will post 2.88 EPS for the current fiscal year.

Ralliant Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, September 8th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. Ralliant’s dividend payout ratio (DPR) is currently -1.84%.

Institutional Trading of Ralliant

Several institutional investors and hedge funds have recently bought and sold shares of the company. Sequoia Financial Advisors LLC acquired a new position in shares of Ralliant in the 2nd quarter worth approximately $273,000. Tidal Investments LLC acquired a new stake in shares of Ralliant during the 2nd quarter valued at approximately $472,000. WINTON GROUP Ltd lifted its stake in Ralliant by 37.6% during the second quarter. WINTON GROUP Ltd now owns 101,411 shares of the company’s stock worth $7,467,000 after purchasing an additional 27,704 shares during the last quarter. Squarepoint Ops LLC lifted its stake in Ralliant by 139.0% during the second quarter. Squarepoint Ops LLC now owns 63,738 shares of the company’s stock worth $4,693,000 after purchasing an additional 37,069 shares during the last quarter. Finally, Empirical Finance LLC acquired a new position in Ralliant in the second quarter worth $282,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on RAL shares. Oppenheimer increased their price target on Ralliant from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Wednesday, September 9th. Evercore started coverage on Ralliant in a report on Tuesday, June 9th. They set an “outperform” rating and a $80.00 price objective on the stock. Wall Street Zen cut Ralliant from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 30th. Zacks Research raised shares of Ralliant from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, TD Cowen lifted their price target on shares of Ralliant from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ralliant presently has an average rating of “Moderate Buy” and a consensus target price of $77.20.

Read Our Latest Report on Ralliant

Ralliant Company Profile

(Get Free Report)

Ralliant is a global industrial technology company that develops and provides mission-critical products and solutions for customers across industrial, electrical, electronic, utility and related markets. The company focuses on helping customers measure, monitor, test, maintain and improve the performance, safety and reliability of their assets and operations.

Ralliant’s portfolio includes electronic test and measurement instruments, industrial condition-monitoring systems, electrical testing equipment, reliability and maintenance software, sensors and related controls.

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