Thrivent Financial for Lutherans Takes Position in Ralliant Corporation $RAL

Thrivent Financial for Lutherans purchased a new position in Ralliant Corporation (NYSE:RAL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 130,872 shares of the company’s stock, valued at approximately $6,346,000. Thrivent Financial for Lutherans owned approximately 0.12% of Ralliant at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Kentucky Retirement Systems purchased a new position in Ralliant in the second quarter valued at about $389,000. State of Wyoming bought a new stake in shares of Ralliant in the 2nd quarter valued at about $63,000. Hudson Bay Capital Management LP bought a new stake in shares of Ralliant in the 2nd quarter valued at about $2,303,000. Caxton Associates LLP purchased a new position in shares of Ralliant in the 2nd quarter worth approximately $541,000. Finally, Public Sector Pension Investment Board bought a new position in shares of Ralliant during the 2nd quarter worth approximately $18,643,000.

Ralliant Price Performance

NYSE RAL opened at $50.85 on Friday. The firm has a market cap of $5.74 billion and a P/E ratio of 40.04. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.49. The firm has a fifty day moving average price of $46.54. Ralliant Corporation has a 1 year low of $40.70 and a 1 year high of $55.08.

Ralliant (NYSE:RAL) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm had revenue of $529.10 million for the quarter, compared to analysts’ expectations of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Ralliant Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 8th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, December 8th. Ralliant’s dividend payout ratio is 15.75%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on RAL shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ralliant in a report on Monday. Truist Financial assumed coverage on Ralliant in a research report on Friday, December 12th. They issued a “buy” rating and a $62.00 price objective for the company. Oppenheimer boosted their target price on Ralliant from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Monday. Royal Bank Of Canada increased their price target on Ralliant from $45.00 to $52.00 and gave the company a “sector perform” rating in a research note on Friday, November 7th. Finally, Morgan Stanley started coverage on Ralliant in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 price target on the stock. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Ralliant has a consensus rating of “Moderate Buy” and an average price target of $57.89.

Ralliant Company Profile

Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.