Reliance, Inc. $RS Holdings Raised by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in shares of Reliance, Inc. (NYSE:RS) by 105.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,211 shares of the industrial products company’s stock after purchasing an additional 36,044 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.13% of Reliance worth $19,717,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in RS. IFP Advisors Inc boosted its holdings in shares of Reliance by 10.7% in the 2nd quarter. IFP Advisors Inc now owns 340 shares of the industrial products company’s stock valued at $112,000 after buying an additional 33 shares during the period. HB Wealth Management LLC lifted its holdings in Reliance by 2.6% in the second quarter. HB Wealth Management LLC now owns 1,338 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 34 shares during the last quarter. Masso Torrence Wealth Management Inc. boosted its stake in Reliance by 3.3% in the third quarter. Masso Torrence Wealth Management Inc. now owns 1,148 shares of the industrial products company’s stock valued at $322,000 after acquiring an additional 37 shares during the period. Farther Finance Advisors LLC raised its position in shares of Reliance by 13.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 325 shares of the industrial products company’s stock worth $91,000 after purchasing an additional 38 shares during the period. Finally, Choreo LLC lifted its holdings in shares of Reliance by 3.2% in the 2nd quarter. Choreo LLC now owns 1,327 shares of the industrial products company’s stock worth $416,000 after purchasing an additional 41 shares during the last quarter. Institutional investors own 79.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. JPMorgan Chase & Co. lowered their price objective on Reliance from $345.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, December 5th. Weiss Ratings restated a “hold (c)” rating on shares of Reliance in a research report on Monday, December 29th. BMO Capital Markets dropped their price objective on shares of Reliance from $340.00 to $315.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. Wells Fargo & Company boosted their target price on shares of Reliance from $284.00 to $287.00 and gave the company an “equal weight” rating in a research note on Friday, November 14th. Finally, Zacks Research lowered shares of Reliance from a “hold” rating to a “strong sell” rating in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $317.25.

Reliance Stock Up 2.7%

RS stock opened at $308.29 on Friday. The firm’s 50-day moving average is $284.11 and its two-hundred day moving average is $291.78. The company has a market capitalization of $16.12 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 1.54 and a beta of 0.92. Reliance, Inc. has a 52 week low of $250.07 and a 52 week high of $347.43. The company has a current ratio of 4.43, a quick ratio of 2.08 and a debt-to-equity ratio of 0.19.

Reliance (NYSE:RS) last posted its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $3.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.68 by ($0.04). Reliance had a net margin of 5.23% and a return on equity of 10.37%. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.54 billion. During the same quarter last year, the business earned $3.64 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. Reliance has set its Q4 2025 guidance at 2.650-2.85 EPS. On average, analysts forecast that Reliance, Inc. will post 16.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Reliance

In other news, CEO Karla R. Lewis sold 5,809 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $283.50, for a total value of $1,646,851.50. Following the sale, the chief executive officer owned 84,421 shares of the company’s stock, valued at approximately $23,933,353.50. The trade was a 6.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Stephen Paul Koch sold 3,066 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $283.56, for a total value of $869,394.96. Following the completion of the sale, the chief operating officer owned 14,021 shares of the company’s stock, valued at approximately $3,975,794.76. This trade represents a 17.94% decrease in their position. The SEC filing for this sale provides additional information. 0.35% of the stock is currently owned by company insiders.

Reliance Company Profile

Reliance Steel & Aluminum Co (NYSE: RS) is a leading metals service center company that distributes and processes a broad array of metal products. The company offers cut-to-length, shearing, blanking, sawing, bending, machining and value-added services for carbon and alloy steel, stainless steel, aluminum, brass, titanium and specialty metal alloys. Its products serve diverse end markets, including energy, infrastructure, general manufacturing, transportation, aerospace and defense.

Founded in 1939 in Los Angeles, Reliance Steel & Aluminum has grown through a combination of organic expansion and strategic acquisitions.