Citigroup Issues Positive Forecast for Ralliant (NYSE:RAL) Stock Price

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

Several other brokerages have also recently commented on RAL. Weiss Ratings cut Ralliant from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 23rd. Zacks Research lowered Ralliant from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 30th. BMO Capital Markets initiated coverage on Ralliant in a research report on Monday, July 20th. They set a “market perform” rating and a $78.00 price target for the company. TD Cowen increased their price objective on Ralliant from $70.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Wall Street Zen cut Ralliant from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 30th. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $78.40.

Ralliant Stock Down 12.8%

NYSE RAL traded down $9.14 during trading on Thursday, hitting $62.44. 3,089,762 shares of the company traded hands, compared to its average volume of 1,620,465. The business has a fifty day simple moving average of $68.08 and a 200 day simple moving average of $58.88. 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 has a 12 month low of $37.27 and a 12 month high of $75.41. The company has a market capitalization of $6.91 billion, a P/E ratio of -5.75, a PEG ratio of 2.64 and a beta of 1.42.

Ralliant (NYSE:RAL) last posted its earnings results on Wednesday, November 4th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.16. Ralliant had a negative net margin of 56.38% and a positive return on equity of 14.97%. The business had revenue of $620.10 million for the quarter. During the same quarter in the previous year, the business posted $0.60 earnings per share. The business’s quarterly revenue was up 17.2% compared to the same quarter last year. As a group, sell-side analysts predict that Ralliant will post 2.88 EPS for the current year.

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 shares were sold at an average price of $72.00, for a total value of $436,464.00. Following the transaction, the senior vice president directly owned 31,668 shares of the company’s stock, valued at $2,280,096. This trade represents a 16.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 the company’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $70.58, for a total value of $913,022.88. Following the sale, the chief executive officer owned 246,897 shares of the company’s stock, valued at $17,425,990.26. The trade was a 4.98% 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. In the last 90 days, insiders have sold 44,870 shares of company stock worth $3,122,883. Corporate insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On Ralliant

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Ralliant in the second quarter valued at approximately $1,039,481,000. Legal & General Group Plc bought a new stake in Ralliant during the second quarter valued at $18,349,000. Public Employees Retirement System of Ohio bought a new position in shares of Ralliant during the 2nd quarter worth approximately $2,474,000. Irenic Capital Management LP grew its holdings in Ralliant by 424.1% in the first quarter. Irenic Capital Management LP now owns 1,740,218 shares of the company’s stock worth $72,376,000 after purchasing an additional 1,408,176 shares during the period. Finally, Canada Pension Plan Investment Board bought a new stake in Ralliant in the 2nd quarter valued at about $1,238,000.

Key Stories Impacting 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.