Ralliant (NYSE:RAL – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday, Zacks reports.
A number of other research firms have also recently issued reports on RAL. Weiss Ratings upgraded shares of Ralliant from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, September 18th. BMO Capital Markets assumed coverage on shares of Ralliant in a research report on Monday, July 20th. They set a “market perform” rating and a $78.00 price objective for the company. Royal Bank Of Canada boosted their price objective on Ralliant from $71.00 to $73.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Evercore reaffirmed an “outperform” rating on shares of Ralliant in a research report on Tuesday, September 22nd. Finally, Truist Financial reiterated a “buy” rating and set a $82.00 target price (up from $68.00) on shares of Ralliant in a research note on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $77.20.
Check Out Our Latest Stock Analysis on Ralliant
Ralliant Price Performance
Ralliant (NYSE:RAL – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.63 by $0.05. Ralliant had a positive return on equity of 14.97% and a negative net margin of 56.38%.The company had revenue of $567.80 million during 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, analysts anticipate that Ralliant will post 2.88 earnings per share for the current year.
Insider Buying and Selling
In other news, CEO Tamara Newcombe sold 12,936 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $65.30, for a total transaction of $844,720.80. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Karen Bick sold 6,062 shares of Ralliant stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.00, for a total transaction of $436,464.00. Following the completion of the sale, the senior vice president owned 31,668 shares of the company’s stock, valued at approximately $2,280,096. The trade was a 16.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 31,934 shares of company stock worth $2,209,860. Company insiders own 0.42% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of RAL. Sequoia Financial Advisors LLC bought a new stake in Ralliant during the second quarter worth about $273,000. Tidal Investments LLC bought a new position in Ralliant in the 2nd quarter valued at about $472,000. WINTON GROUP Ltd raised its position in shares of Ralliant by 37.6% in the 2nd quarter. WINTON GROUP Ltd now owns 101,411 shares of the company’s stock valued at $7,467,000 after buying an additional 27,704 shares in the last quarter. Squarepoint Ops LLC raised its position in shares of Ralliant by 139.0% in the 2nd quarter. Squarepoint Ops LLC now owns 63,738 shares of the company’s stock valued at $4,693,000 after buying an additional 37,069 shares in the last quarter. Finally, Empirical Finance LLC bought a new stake in shares of Ralliant during the 2nd quarter worth approximately $282,000.
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.
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