Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Acquires New Shares in Reliance, Inc. $RS

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Reliance, Inc. (NYSE:RS) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,000 shares of the industrial products company’s stock, valued at approximately $547,000.

Several other large investors have also recently bought and sold shares of RS. Boston Partners grew its holdings in shares of Reliance by 72.6% during the second quarter. Boston Partners now owns 1,763,317 shares of the industrial products company’s stock worth $552,461,000 after purchasing an additional 741,417 shares during the last quarter. Franklin Resources Inc. raised its holdings in Reliance by 2.5% in the 2nd quarter. Franklin Resources Inc. now owns 1,090,657 shares of the industrial products company’s stock valued at $342,357,000 after buying an additional 26,545 shares during the last quarter. Norges Bank acquired a new stake in Reliance during the 2nd quarter worth approximately $207,741,000. American Century Companies Inc. grew its holdings in Reliance by 6.5% during the 2nd quarter. American Century Companies Inc. now owns 626,890 shares of the industrial products company’s stock worth $196,781,000 after acquiring an additional 38,012 shares during the last quarter. Finally, Epoch Investment Partners Inc. grew its holdings in Reliance by 0.5% during the 2nd quarter. Epoch Investment Partners Inc. now owns 265,838 shares of the industrial products company’s stock worth $83,447,000 after acquiring an additional 1,380 shares during the last quarter. 79.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO Stephen Paul Koch sold 3,066 shares of Reliance 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 in the company, valued at $3,975,794.76. The trade was a 17.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Karla R. Lewis sold 5,809 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $283.50, for a total transaction of $1,646,851.50. Following the transaction, the chief executive officer owned 84,421 shares in the company, valued at $23,933,353.50. The trade was a 6.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.35% of the company’s stock.

Reliance Price Performance

Shares of NYSE RS opened at $310.46 on Tuesday. The company has a market capitalization of $16.23 billion, a PE ratio of 22.69, a P/E/G ratio of 1.58 and a beta of 0.92. The company has a quick ratio of 2.08, a current ratio of 4.43 and a debt-to-equity ratio of 0.19. Reliance, Inc. has a twelve month low of $250.07 and a twelve month high of $347.43. The firm has a fifty day simple moving average of $285.24 and a 200 day simple moving average of $291.51.

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

Analyst Ratings Changes

Several research firms have recently issued reports on RS. KeyCorp reaffirmed an “overweight” rating on shares of Reliance in a research note on Wednesday, January 7th. BMO Capital Markets decreased their price objective on Reliance from $340.00 to $315.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Wells Fargo & Company raised their target price on Reliance from $284.00 to $287.00 and gave the stock an “equal weight” rating in a research report on Friday, November 14th. Zacks Research lowered Reliance from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th. Finally, JPMorgan Chase & Co. decreased their price target on Reliance from $345.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, December 5th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Reliance currently has a consensus rating of “Hold” and a consensus price target of $317.25.

More Reliance News

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Mukesh Ambani pledged a Rs 7 lakh crore (≈$85–95B) investment over five years for Gujarat focused on clean energy, AI and data centres — a major long‑term growth and capex plan that could materially expand Jio/RIL’s infrastructure and revenue streams. Mukesh Ambani Announces Rs 7 Lakh Crore Investment Plan For Gujarat At Vibrant Gujarat Summit
• Positive Sentiment: RIL specifically committed the Rs 7 lakh crore toward clean energy and data centres (including plans for India’s largest AI‑ready data centre), which supports vertical integration for cloud/AI services and could lift long‑term margins if execution follows. RIL Commits Rs 7 Lakh Cr To Clean Energy, Data Centres In Gujarat
• Positive Sentiment: Jio announced a “people‑first” AI platform and related AI initiatives — productizing AI across telecom and consumer services can drive new monetization and stickiness for Jio’s large subscriber base. Reliance Jio to launch people-first AI platform, for India and the world: Mukesh Ambani
• Neutral Sentiment: Jio rolled out a new Rs 450 recharge plan (2GB/day + OTT benefits); a competitive tariff may help retention and ARPU stability but has limited immediate earnings impact versus the scale of announced investments. Reliance Jio festive recharge plan: Now get unlimited calls, 2GB daily data along with these OTT benefits for Rs 450
• Neutral Sentiment: Retail promotions (Reliance Digital Harvest Festival sales with device discounts and cashback) support near‑term revenue but are cyclical and unlikely to change fundamentals. Reliance Digital Harvest Festival Sale: Sankranti, Pongal, Lohri deals with iPhone deals and Rs. 10,000 cashback
• Neutral Sentiment: KeyCorp published commentary on Reliance’s FY2025 results; analyst notes can influence short‑term flows but so far reflect known details (slight EPS miss, modest guidance range). KeyCorp Comments on Reliance’s FY2025 Earnings (NYSE:RS)
• Negative Sentiment: Market‑wide pressure trimmed the market caps of several large firms and reports flagged Reliance as a laggard in recent mcap erosion, highlighting near‑term investor caution and potential downside risk from sentiment shifts. Mcap of 7 most valued firms erodes by ₹3.63 trn, Reliance biggest laggard

About Reliance

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.