Irenic Capital Management LP Invests $16.90 Million in Ralliant Corporation $RAL

Irenic Capital Management LP purchased a new position in Ralliant Corporation (NYSE:RAL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 332,042 shares of the company’s stock, valued at approximately $16,904,000. Ralliant comprises 1.1% of Irenic Capital Management LP’s investment portfolio, making the stock its 15th largest position. Irenic Capital Management LP owned about 0.29% 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. Vanguard Group Inc. grew its holdings in shares of Ralliant by 10.7% in the third quarter. Vanguard Group Inc. now owns 14,589,423 shares of the company’s stock worth $637,995,000 after purchasing an additional 1,415,327 shares during the last quarter. Dodge & Cox grew its holdings in Ralliant by 13.3% during the 4th quarter. Dodge & Cox now owns 12,214,679 shares of the company’s stock worth $621,849,000 after acquiring an additional 1,434,376 shares in the last quarter. Viking Global Investors LP bought a new position in Ralliant during the 2nd quarter worth about $257,200,000. State Street Corp bought a new position in Ralliant during the 2nd quarter worth about $213,096,000. Finally, Invesco Ltd. grew its holdings in Ralliant by 90.1% during the 3rd 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.

Wall Street Analyst Weigh In

Several brokerages have issued reports on RAL. TD Cowen increased their target price on shares of Ralliant from $55.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Vertical Research cut shares of Ralliant from a “buy” rating to a “hold” rating and set a $65.00 target price on the stock. in a report on Wednesday, May 27th. Truist Financial reiterated a “buy” rating and set a $68.00 target price (up from $53.00) on shares of Ralliant in a report on Wednesday, May 13th. Evercore began coverage on shares of Ralliant in a report on Tuesday, June 9th. They set an “outperform” rating and a $80.00 target price on the stock. Finally, Morgan Stanley increased their target price on shares of Ralliant from $45.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ralliant has a consensus rating of “Moderate Buy” and an average target price of $67.30.

Ralliant Stock Performance

RAL stock opened at $67.50 on Thursday. The firm has a market cap of $7.56 billion and a price-to-earnings ratio of -6.17. The firm has a 50-day simple moving average of $54.62 and a two-hundred day simple moving average of $50.26. Ralliant Corporation has a one year low of $37.27 and a one year high of $70.22. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.05 and a current ratio of 1.61.

Ralliant (NYSE:RAL) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.49 by $0.08. The business had revenue of $534.60 million during the quarter. Ralliant had a negative net margin of 58.55% and a positive return on equity of 12.49%. Ralliant’s revenue for the quarter was up 11.0% compared to the same quarter last year. Ralliant has set its FY 2026 guidance at 2.530-2.690 EPS and its Q2 2026 guidance at 0.580-0.640 EPS. On average, equities analysts forecast that Ralliant Corporation will post 2.64 EPS for the current fiscal year.

Ralliant Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, June 8th. Ralliant’s dividend payout ratio is presently -1.83%.

About Ralliant

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.