Investment Analysts’ Recent Ratings Changes for Reliance (RS)

A number of firms have modified their ratings and price targets on shares of Reliance (NYSE: RS) recently:

• 8/15/2026 – Reliance was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/13/2026 – Reliance had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 8/3/2026 – Reliance was upgraded by Zacks Research from “hold” to “strong-buy”.
• 8/1/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 7/29/2026 – Reliance had its “neutral” rating reaffirmed by Citigroup Inc..
• 7/27/2026 – Reliance had its price target raised by BMO Capital Markets from $390.00 to $415.00. They now have a “market perform” rating on the stock.
• 7/23/2026 – Reliance had its price target raised by Wells Fargo & Company from $372.00 to $398.00. They now have an “equal weight” rating on the stock.
• 7/15/2026 – Reliance had its price target lowered by JPMorgan Chase & Co. from $378.00 to $376.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Reliance had its price target lowered by Wells Fargo & Company from $376.00 to $372.00. They now have an “equal weight” rating on the stock.
• 6/24/2026 – Reliance had its price target raised by KeyCorp from $378.00 to $418.00. They now have an “overweight” rating on the stock.

Reliance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Reliance’s dividend payout ratio (DPR) is currently 29.07%.

Insider Transactions at Reliance

In other news, CFO Arthur Ajemyan sold 2,200 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $410.11, for a total transaction of $902,242.00. Following the sale, the chief financial officer owned 14,640 shares in the company, valued at approximately $6,004,010.40. The trade was a 13.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP William A. Smith II sold 2,353 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $414.21, for a total transaction of $974,636.13. Following the completion of the transaction, the senior vice president directly owned 19,394 shares of the company’s stock, valued at $8,033,188.74. The trade was a 10.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by insiders.

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.