Ralliant (NYSE:RAL) Stock Price Target Lowered at Royal Bank Of Canada

Ralliant (NYSE:RAL – Get Free Report) had its price objective decreased by analysts at Royal Bank Of Canada from $73.00 to $72.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 0.89% from the stock’s current price.

Other analysts have also issued research reports about the stock. Morgan Stanley upped their target price on shares of Ralliant from $68.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd. TD Cowen increased their target price 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. BMO Capital Markets started coverage on shares of Ralliant in a report on Monday, July 20th. They issued a “market perform” rating and a $78.00 price target for the company. Seaport Research Partners upgraded shares of Ralliant from a “neutral” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Wednesday. Finally, Citigroup boosted their price target on shares of Ralliant from $82.00 to $85.00 and gave the company a “buy” rating in a research report on Monday. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $77.40.

Check Out Our Latest Stock Report on Ralliant

Ralliant Price Performance

Shares of RAL traded down $0.07 during midday trading on Wednesday, hitting $72.64. 100,538 shares of the company traded hands, compared to its average volume of 1,626,053. The stock has a 50-day moving average of $67.81 and a 200-day moving average of $61.98. Ralliant has a one year low of $37.27 and a one year high of $75.41. The firm has a market cap of $8.04 billion, a P/E ratio of -6.71, a PEG ratio of 2.68 and a beta of 1.39. 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:RAL – Get Free Report) 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. As a group, sell-side analysts predict that Ralliant will post 2.88 EPS for the current fiscal year.

Insider Activity

In other news, CEO Tamara 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 transaction of $844,720.80. Following the completion of the sale, the chief executive officer owned 246,897 shares in the company, valued at approximately $16,122,374.10. This trade represents a 4.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 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 sale, the senior vice president owned 31,668 shares of the company’s stock, valued at approximately $2,280,096. This trade represents a 16.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 31,934 shares of company stock worth $2,209,860. Insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On Ralliant

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

Ralliant Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Ralliant (NYSE:RAL)

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