New York State Common Retirement Fund Buys 27,114 Shares of Ralliant Corporation $RAL

Market Beat
2026.02.07 13:41
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New York State Common Retirement Fund increased its stake in Ralliant Corporation (NYSE:RAL) by 43.5%, acquiring an additional 27,114 shares, bringing its total to 89,478 shares valued at $3.91 million. Other hedge funds also invested significantly in Ralliant. Analysts have mixed sentiments, with upgrades from Vertical Research and Citigroup, while concerns arise from a $1.4 billion goodwill impairment and ongoing legal investigations. Ralliant's stock recently traded at $39.50, with a market cap of $4.46 billion, and announced a quarterly dividend of $0.05 per share.