Reliance, Inc. $RS Shares Purchased by Tredje AP fonden

Tredje AP fonden boosted its holdings in Reliance, Inc. (NYSE:RS) by 109.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,473 shares of the industrial products company’s stock after buying an additional 4,955 shares during the period. Tredje AP fonden’s holdings in Reliance were worth $2,660,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RS. Private Trust Co. NA lifted its holdings in shares of Reliance by 417.6% during the 2nd quarter. Private Trust Co. NA now owns 88 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 71 shares during the period. Guerra Advisors Inc acquired a new position in Reliance during the third quarter worth approximately $34,000. Root Financial Partners LLC acquired a new position in Reliance during the third quarter worth approximately $38,000. Allworth Financial LP raised its stake in Reliance by 46.3% during the second quarter. Allworth Financial LP now owns 139 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 44 shares during the period. Finally, Caldwell Trust Co purchased a new stake in shares of Reliance during the 2nd quarter valued at $58,000. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Reliance Trading Down 2.6%

RS opened at $318.89 on Friday. The firm has a market capitalization of $16.67 billion, a P/E ratio of 22.83, a P/E/G ratio of 1.90 and a beta of 0.92. The firm’s 50 day moving average is $317.95 and its 200-day moving average is $295.08. Reliance, Inc. has a 52-week low of $250.07 and a 52-week high of $365.59. The company has a quick ratio of 2.08, a current ratio of 4.88 and a debt-to-equity ratio of 0.20.

Reliance (NYSE:RS) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.40 earnings per share for the quarter, missing the consensus estimate of $2.80 by ($0.40). The firm had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.45 billion. Reliance had a net margin of 5.17% and a return on equity of 10.45%. Reliance’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.22 earnings per share. Reliance has set its Q1 2026 guidance at 4.500-4.70 EPS. Analysts expect that Reliance, Inc. will post 16.98 EPS for the current fiscal year.

Reliance Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be issued a dividend of $1.25 per share. The ex-dividend date is Friday, March 6th. This represents a $5.00 annualized dividend and a yield of 1.6%. This is a boost from Reliance’s previous quarterly dividend of $1.20. Reliance’s dividend payout ratio (DPR) is presently 34.36%.

Insider Buying and Selling

In other news, CEO Karla R. Lewis sold 5,809 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $283.50, for a total transaction of $1,646,851.50. Following the completion of the transaction, the chief executive officer directly owned 84,421 shares in the company, valued at approximately $23,933,353.50. This represents a 6.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Stephen Paul Koch sold 3,066 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $283.56, for a total transaction of $869,394.96. Following the sale, the chief operating officer directly owned 14,021 shares of the company’s stock, valued at $3,975,794.76. The trade was a 17.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.35% of the company’s stock.

Trending Headlines about Reliance

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Company raised quarterly dividend to $1.25 (up from $1.20), boosting yield and income appeal for dividend-focused investors; ex-dividend on March 6.
• Positive Sentiment: Management set Q1 2026 EPS guidance of $4.50–$4.70, signaling continued demand and providing a near-term earnings floor that could support the stock. Zacks: RS Q4 Earnings Miss
• Neutral Sentiment: Wells Fargo raised its price target to $315 and kept an “equal weight” rating — a technical boost to target consensus but not a bullish endorsement; their PT sits near the current price. Benzinga: Wells Fargo Coverage
• Neutral Sentiment: Recent media published the company’s Q4 earnings call transcript and analyst write-ups (Seeking Alpha, Yahoo/finance) — useful for investors digging into details but not immediate price catalysts by themselves. Seeking Alpha: Earnings Call Transcript Yahoo Finance: Transcript
• Neutral Sentiment: Press reports statewide that “Reliance” (major Indian group) plans a massive Rs 10 lakh crore AI investment; relevance to NYSE:RS (U.S. industrial products Reliance) is uncertain — likely limited direct near-term impact. BestMediaInfo: AI Investment
• Negative Sentiment: Q4 EPS missed consensus ($2.40 vs. $2.80 expected) despite ~12% revenue growth; the earnings shortfall is the primary near-term pressure on the stock. Zacks: RS Misses Q4
• Negative Sentiment: JPMorgan downgraded the stock from “overweight” to “neutral” and trimmed its target to $330 — a formal sell-side cooling that can reduce buy-side conviction and liquidity. Benzinga: JPMorgan Downgrade Finviz: Coverage Note
• Neutral Sentiment: Small third-party supplier/order headlines (e.g., Artson securing an order from “Reliance”) are reported but likely relate to the large Indian conglomerate and have unclear impact on NYSE:RS. Business Standard: Artson Order

Analysts Set New Price Targets

Several research firms have recently weighed in on RS. BMO Capital Markets lowered Reliance from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $340.00 to $320.00 in a research note on Friday. JPMorgan Chase & Co. downgraded shares of Reliance from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $340.00 to $330.00 in a research note on Friday. Zacks Research raised shares of Reliance from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 3rd. KeyCorp restated an “overweight” rating on shares of Reliance in a report on Wednesday, January 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Reliance in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $323.00.

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.