Vanguard Group Inc. Sells 18,636 Shares of Reliance, Inc. $RS

Vanguard Group Inc. decreased its position in shares of Reliance, Inc. (NYSE:RS) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,136,426 shares of the industrial products company’s stock after selling 18,636 shares during the quarter. Vanguard Group Inc. owned approximately 11.74% of Reliance worth $1,723,293,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Atticus Wealth Management LLC increased its holdings in Reliance by 84.7% in the third quarter. Atticus Wealth Management LLC now owns 1,389 shares of the industrial products company’s stock worth $390,000 after purchasing an additional 637 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Reliance by 49.4% in the third quarter. JPMorgan Chase & Co. now owns 342,796 shares of the industrial products company’s stock valued at $96,268,000 after acquiring an additional 113,378 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in shares of Reliance by 8.2% during the third quarter. State of New Jersey Common Pension Fund D now owns 19,167 shares of the industrial products company’s stock valued at $5,383,000 after acquiring an additional 1,454 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Reliance by 1.3% in the third quarter. PNC Financial Services Group Inc. now owns 11,578 shares of the industrial products company’s stock valued at $3,252,000 after buying an additional 148 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Reliance by 1.2% in the 3rd quarter. HighTower Advisors LLC now owns 41,024 shares of the industrial products company’s stock worth $11,521,000 after acquiring an additional 476 shares during the last quarter. 79.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Reliance in a report on Monday, December 29th. JPMorgan Chase & Co. downgraded shares of Reliance from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $340.00 to $330.00 in a research note on Friday. BMO Capital Markets cut shares of Reliance from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $340.00 to $320.00 in a report on Friday. Wells Fargo & Company lifted their price objective on Reliance from $284.00 to $287.00 and gave the company an “equal weight” rating in a research note on Friday, November 14th. Finally, KeyCorp reiterated an “overweight” rating on shares of Reliance in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $316.00.

Reliance Price Performance

RS opened at $321.03 on Friday. Reliance, Inc. has a 12-month low of $250.07 and a 12-month high of $365.59. The company has a current ratio of 4.43, a quick ratio of 2.08 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $16.79 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 2.01 and a beta of 0.92. The business’s fifty day simple moving average is $317.40 and its 200-day simple moving average is $294.80.

Reliance (NYSE:RS) last issued its quarterly 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). Reliance had a return on equity of 10.43% and a net margin of 5.17%.The business had revenue of $3.50 billion during the quarter, compared to analyst estimates of $3.45 billion. During the same period in the prior year, the business posted $2.22 EPS. Reliance’s revenue was up 11.9% compared to the same quarter last year. Reliance has set its Q1 2026 guidance at 4.500-4.70 EPS. On average, equities research analysts anticipate that Reliance, Inc. will post 16.98 earnings per share for the current fiscal year.

Reliance Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Reliance’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.6%. Reliance’s payout ratio is currently 35.09%.

Reliance News Roundup

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Volume and revenue momentum, plus capital returns — Net sales rose to $3.50B (up 11.9% YoY) and the company reported record annual tons sold; Reliance repurchased $200.1M of stock in Q4 ($594.1M for 2025) and raised the quarterly dividend to $1.25 (4.2% increase). These support long-term cash return and unit-demand strength. Reliance, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Q1 2026 EPS guidance given as $4.50–$4.70 — The range is essentially in line with Street expectations (consensus ~4.59), so guidance neither materially beats nor disappoints. Management framed demand for Q1 as healthy. RS’ Q4 Earnings Miss Estimates, Sales Up on Higher Price and Volume
• Neutral Sentiment: Earnings call commentary available — Transcripts note management discussed drivers of volume growth, LIFO and cost dynamics, and capital allocation priorities (buybacks/dividend). Read the call for nuance on margins and outlook. Reliance, Inc. (RS) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Several headlines about a Rs 10 lakh crore AI investment and a Rs 13-cr supplier order reference the Indian conglomerate “Reliance” (Mukesh Ambani’s Reliance Industries), not Reliance, Inc. (RS). These stories are unlikely to affect RS’s fundamentals or trading materially. Reliance to invest Rs 10 lakh crore in AI over seven years, Ambani tells India AI Summit Artson hits the roof after securing Rs 13-cr order from Reliance Industries
• Negative Sentiment: EPS missed consensus materially — GAAP EPS $2.40 vs. consensus ~$2.80. Margin compression and LIFO expense were cited as key drivers of the miss; pretax income and GAAP EPS declined sequentially. That earnings shortfall is the primary reason investors sold the stock despite top-line strength. Reliance (RS) Misses Q4 Earnings Estimates
• Negative Sentiment: Profitability metrics softened — Gross profit margin and pretax margins narrowed versus prior periods; LIFO expense and sequential margin decline raise near-term margin risk even as volumes rise. That shifts focus to whether pricing and cost control can restore margins. Reliance, Inc. Q4 and FY2025 Results

Insider Transactions at Reliance

In other news, COO Stephen Paul Koch sold 3,066 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief operating officer directly owned 14,021 shares in the company, valued at $3,975,794.76. This trade represents a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Karla R. Lewis sold 5,809 shares of the stock in a transaction that occurred 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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.35% of the stock is owned by corporate 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.