Swiss National Bank Lowers Stock Holdings in Reliance, Inc. $RS

Swiss National Bank reduced its position in Reliance, Inc. (NYSE:RS) by 5.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 151,600 shares of the industrial products company’s stock after selling 8,400 shares during the quarter. Swiss National Bank’s holdings in Reliance were worth $42,574,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of RS. Masso Torrence Wealth Management Inc. lifted its stake in Reliance by 3.3% in the 3rd quarter. Masso Torrence Wealth Management Inc. now owns 1,148 shares of the industrial products company’s stock worth $322,000 after purchasing an additional 37 shares in the last quarter. Farther Finance Advisors LLC grew 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 valued at $91,000 after purchasing an additional 38 shares in the last quarter. Choreo LLC grew its position in shares of Reliance by 2.9% during the 3rd quarter. Choreo LLC now owns 1,366 shares of the industrial products company’s stock valued at $383,000 after purchasing an additional 39 shares in the last quarter. Stonegate Investment Group LLC increased its holdings in shares of Reliance by 5.0% in the third quarter. Stonegate Investment Group LLC now owns 836 shares of the industrial products company’s stock worth $235,000 after purchasing an additional 40 shares during the period. Finally, HB Wealth Management LLC raised its position in shares of Reliance by 3.2% in the third quarter. HB Wealth Management LLC now owns 1,381 shares of the industrial products company’s stock worth $388,000 after buying an additional 43 shares in the last quarter. Institutional investors own 79.26% of the company’s stock.

Wall Street Analyst Weigh In

RS has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on Reliance from $315.00 to $323.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Reliance in a report on Monday, December 29th. KeyCorp reiterated an “overweight” rating on shares of Reliance in a research report on Wednesday, January 7th. Wall Street Zen lowered Reliance from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Finally, JPMorgan Chase & Co. cut 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 report on Friday, February 20th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $324.33.

Insider Buying and Selling

In other Reliance news, SVP William A. Smith II sold 6,615 shares of Reliance stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $298.61, for a total value of $1,975,305.15. Following the transaction, the senior vice president directly owned 21,747 shares of the company’s stock, valued at $6,493,871.67. The trade was a 23.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Stephen Paul Koch sold 24,060 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $321.62, for a total value of $7,738,177.20. Following the completion of the sale, the chief operating officer owned 14,021 shares of the company’s stock, valued at $4,509,434.02. The trade was a 63.18% decrease in their position. The SEC filing for this sale provides additional information. 0.35% of the stock is owned by insiders.

Reliance Stock Performance

Reliance stock opened at $299.57 on Friday. The firm has a fifty day simple moving average of $323.45 and a two-hundred day simple moving average of $297.40. The company has a quick ratio of 2.30, a current ratio of 4.88 and a debt-to-equity ratio of 0.20. Reliance, Inc. has a twelve month low of $250.07 and a twelve month high of $365.59. The company has a market capitalization of $15.50 billion, a PE ratio of 21.44, a P/E/G ratio of 1.17 and a beta of 0.91.

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

Reliance Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, March 6th. This is a positive change from Reliance’s previous quarterly dividend of $1.20. Reliance’s dividend payout ratio is 35.79%.

Trending Headlines about Reliance

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Reliance’s metals unit AMI Metals won large U.S. infrastructure and defense contracts (multi‑billion scope) to supply steel/aluminum for Southwest border projects and Lockheed Martin programs — this supports near‑term revenue visibility for RS’s processing/supply franchises. RS Unit Clinches Multi-Billion U.S. Infrastructure, Defense Deals
• Positive Sentiment: The company recently increased its quarterly dividend (from $1.20 to $1.25), raising the annualized payout to $5.00 — a cash‑return signal that can support investor sentiment and income demand for the stock. Reliance Price Performance / Dividend Note
• Neutral Sentiment: Multiple analyst notes are mixed: some firms trimmed ratings/targets while others raised or reiterated targets — the consensus remains a “Hold” with an average target near $324, leaving room but no strong catalyst from upgrades alone. Reliance Inc. (RS) sees optimism from analysts
• Neutral Sentiment: Several widely circulated Indian news stories report the Enforcement Directorate attaching assets worth Rs 581 crore in a case involving Anil Ambani’s Reliance group. Those headlines refer to a different corporate group (Anil Ambani’s Reliance) and are unrelated to Reliance Steel & Aluminum Co. (RS), but the name overlap can create short‑term confusion and headline‑driven volatility. ED attaches assets worth Rs 581 cr belonging to Anil Ambani-led Reliance firms
• Negative Sentiment: An insider (SVP William Smith II) sold 6,615 shares recently; while insider sales can be routine, the disclosed sale added to near‑term selling pressure. SEC Form 4 – Insider Sale
• Negative Sentiment: Last reported quarter showed an EPS miss (reported $2.40 vs. ~$2.80 consensus) despite ~12% revenue growth; that earnings shortfall remains a near‑term concern until margin recovery or upside execution becomes evident. Guidance for Q1 was provided (4.50–4.70 EPS) — monitor upcoming results vs. expectations. Reliance earnings summary

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.