Flossbach Von Storch SE lifted its stake in shares of Ralliant Corporation (NYSE:RAL – Free Report) by 1.7% in the third quarter, Holdings Channel reports. The institutional investor owned 4,152,866 shares of the company’s stock after buying an additional 67,963 shares during the quarter. Flossbach Von Storch SE’s holdings in Ralliant were worth $181,605,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new position in Ralliant during the 3rd quarter worth $26,000. Manchester Capital Management LLC bought a new position in shares of Ralliant during the second quarter worth about $29,000. Webster Bank N. A. acquired a new position in Ralliant in the third quarter worth about $31,000. Evermay Wealth Management LLC bought a new stake in Ralliant in the second quarter valued at about $32,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Ralliant in the third quarter valued at about $34,000.
Ralliant Price Performance
Shares of RAL opened at $52.95 on Thursday. Ralliant Corporation has a 12 month low of $40.70 and a 12 month high of $55.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 1.03. The stock has a fifty day moving average price of $51.19 and a 200 day moving average price of $46.60. The company has a market cap of $5.97 billion and a P/E ratio of 41.69.
Analyst Upgrades and Downgrades
RAL has been the subject of several research reports. Barclays lifted their target price on Ralliant from $59.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Weiss Ratings restated a “hold (c)” rating on shares of Ralliant in a research note on Monday, December 29th. Oppenheimer boosted their target price on shares of Ralliant from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Monday, December 15th. Truist Financial began coverage on shares of Ralliant in a report on Friday, December 12th. They set a “buy” rating and a $62.00 target price on the stock. Finally, Royal Bank Of Canada lifted their price target on shares of Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a report on Friday, November 7th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.00.
Get Our Latest Stock Report on Ralliant
Ralliant 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.
Recommended Stories
- Five stocks we like better than Ralliant
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Want to see what other hedge funds are holding RAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ralliant Corporation (NYSE:RAL – Free Report).
Receive News & Ratings for Ralliant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ralliant and related companies with MarketBeat.com's FREE daily email newsletter.
