OP Asset Management Ltd Takes $536,000 Position in Ralliant Corporation $RAL

OP Asset Management Ltd purchased a new position in shares of Ralliant Corporation (NYSE:RALFree Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,899 shares of the company’s stock, valued at approximately $536,000.

Several other large investors have also recently added to or reduced their stakes in the company. Viking Global Investors LP purchased a new stake in Ralliant in the 2nd quarter valued at approximately $257,200,000. State Street Corp acquired a new stake in shares of Ralliant in the 2nd quarter valued at approximately $213,096,000. Millennium Management LLC grew its holdings in Ralliant by 172.4% during the fourth quarter. Millennium Management LLC now owns 4,973,001 shares of the company’s stock worth $253,175,000 after acquiring an additional 3,147,660 shares during the period. Norges Bank purchased a new position in Ralliant in the fourth quarter worth $124,687,000. Finally, Invesco Ltd. raised its position in Ralliant by 90.1% in the third quarter. Invesco Ltd. now owns 3,871,690 shares of the company’s stock worth $169,309,000 after acquiring an additional 1,835,128 shares in the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have commented on RAL. Truist Financial restated a “buy” rating and set a $68.00 target price (up from $53.00) on shares of Ralliant in a research report on Wednesday, May 13th. Zacks Research upgraded shares of Ralliant from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Royal Bank Of Canada boosted their price objective on shares of Ralliant from $47.00 to $64.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 13th. Evercore started coverage on shares of Ralliant in a research report on Tuesday, June 9th. They set an “outperform” rating and a $80.00 target price on the stock. Finally, Wall Street Zen downgraded shares of Ralliant from a “buy” rating to a “hold” rating in a research report on Sunday. Seven equities research 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, Ralliant has an average rating of “Moderate Buy” and a consensus price target of $69.00.

Check Out Our Latest Stock Analysis on Ralliant

Ralliant Stock Performance

NYSE:RAL opened at $73.72 on Wednesday. The company has a current ratio of 1.61, a quick ratio of 1.05 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $59.20 and a two-hundred day moving average price of $51.56. Ralliant Corporation has a twelve month low of $37.27 and a twelve month high of $75.41. The company has a market capitalization of $8.25 billion and a P/E ratio of -6.74.

Ralliant (NYSE:RALGet Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.08. The firm had revenue of $534.60 million for the quarter. Ralliant had a positive return on equity of 12.49% and a negative net margin of 58.55%.The firm’s quarterly revenue was up 11.0% on a year-over-year basis. Ralliant has set its FY 2026 guidance at 2.530-2.690 EPS and its Q2 2026 guidance at 0.580-0.640 EPS. As a group, research analysts expect that Ralliant Corporation will post 2.64 earnings per share for the current fiscal year.

Ralliant Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were issued a dividend of $0.05 per share. The ex-dividend date was Monday, June 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. Ralliant’s payout ratio is -1.83%.

Ralliant Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Ralliant (NYSE:RAL)

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