Ralliant (NYSE:RAL) Stock Dropped to Hold by Zacks Research

Zacks Research cut shares of Ralliant (NYSE:RAL) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks reports.

Several other analysts have also recently issued reports on RAL. Truist Financial reiterated a “buy” rating and issued a $82.00 target price (up from $68.00) on shares of Ralliant in a research note on Friday, July 31st. BMO Capital Markets initiated coverage on shares of Ralliant in a report on Monday, July 20th. They issued a “market perform” rating and a $78.00 price target on the stock. Royal Bank Of Canada lifted their price objective on Ralliant from $71.00 to $73.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. Evercore restated an “outperform” rating on shares of Ralliant in a research report on Tuesday, September 22nd. Finally, Oppenheimer upped their target price on Ralliant from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 9th. Seven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ralliant presently has a consensus rating of “Moderate Buy” and an average target price of $77.20.

Ralliant Stock Up 2.0%

RAL stock opened at $70.58 on Wednesday. The stock has a 50-day simple moving average of $66.89 and a two-hundred day simple moving average of $60.26. Ralliant has a twelve month low of $37.27 and a twelve month high of $75.41. The firm has a market capitalization of $7.81 billion, a PE ratio of -6.50, a PEG ratio of 2.56 and a beta of 1.38. The company has a quick ratio of 1.00, a current ratio of 1.52 and a debt-to-equity ratio of 0.75.

Ralliant (NYSE:RAL) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.68 earnings per share (EPS) 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 firm 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. On average, equities analysts predict that Ralliant will post 2.88 EPS for the current fiscal year.

Ralliant Announces Dividend

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

Insiders Place Their Bets

In other Ralliant news, SVP Karen M. Bick sold 6,062 shares of the firm’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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 dated Monday, September 14th. The stock was sold at an average price of $65.30, for a total value of $844,720.80. Following the sale, the chief executive officer directly 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 31,934 shares of company stock valued at $2,209,860 over the last ninety days. 0.42% of the stock is currently owned by insiders.

Institutional Trading of Ralliant

A number of hedge funds have recently bought and sold shares of RAL. Dunhill Financial LLC purchased a new position in shares of Ralliant during the second quarter worth approximately $25,000. Global Retirement Partners LLC purchased a new stake in shares of Ralliant in the 2nd quarter valued at $35,000. Group One Trading LLC bought a new position in shares of Ralliant during the 2nd quarter valued at $36,000. Persistent Asset Partners Ltd bought a new position in shares of Ralliant during the 2nd quarter valued at $37,000. Finally, Frazier Financial Advisors LLC bought a new position in shares of Ralliant during the 2nd quarter valued at $40,000.

Ralliant Company Profile

Ralliant Corporation (NYSE:RAL) is a global technology company that provides test, measurement, sensing and industrial solutions. Its products and services are used by manufacturers, utilities, aerospace and defense organizations, electronics companies, and other industrial customers to improve safety, quality, reliability and operational performance.

Ralliant’s portfolio includes brands such as Fluke, Fluke Reliability, Industrial Scientific, Tektronix, Keithley, Qualitrol and EA Elektro-Automatik.