Reliance, Inc. (NYSE:RS) Stock Rated “Hold” by Sell-Side Analysts

Shares of Reliance, Inc. (NYSE:RS) have been assigned a consensus rating of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $387.43.

Several brokerages have recently commented on RS. Citigroup reaffirmed a “neutral” rating on shares of Reliance in a research note on Wednesday, July 29th. KeyCorp raised their target price on Reliance from $418.00 to $421.00 and gave the company an “overweight” rating in a report on Monday, October 5th. Zacks Research raised shares of Reliance from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. BMO Capital Markets raised their price objective on shares of Reliance from $390.00 to $415.00 and gave the company a “market perform” rating in a research note on Monday, July 27th. Finally, Wall Street Zen cut shares of Reliance from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 11th.

Reliance Stock Down 0.1%

RS stock opened at $410.90 on Monday. The firm has a market cap of $20.98 billion, a PE ratio of 23.89, a PEG ratio of 0.94 and a beta of 0.95. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.27 and a current ratio of 4.30. The firm’s 50 day moving average price is $398.40 and its 200-day moving average price is $382.23. Reliance has a one year low of $260.31 and a one year high of $433.02.

Reliance (NYSE:RS) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $6.27 earnings per share for the quarter, topping the consensus estimate of $5.47 by $0.80. The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.26 billion. Reliance had a return on equity of 12.51% and a net margin of 5.65%. The firm’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the prior year, the business posted $4.43 earnings per share. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS. On average, equities research analysts anticipate that Reliance will post 23.70 EPS for the current year.

Insider Buying and Selling

In other Reliance news, CFO Arthur Ajemyan sold 2,200 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $410.11, for a total transaction of $902,242.00. Following the sale, the chief financial officer directly owned 14,640 shares in the company, valued at $6,004,010.40. This represents a 13.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP William Smith, II sold 2,353 shares of the firm’s 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. This represents a 10.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by corporate insiders.

Institutional Trading of Reliance

Several hedge funds have recently modified their holdings of RS. XXEC Inc. acquired a new position in shares of Reliance during the second quarter worth $127,493,000. BlackRock Inc. purchased a new position in Reliance in the second quarter valued at $2,171,081,000. Bank of New York Mellon Corp acquired a new stake in Reliance in the second quarter valued at $176,913,000. William Blair Investment Management LLC acquired a new stake in Reliance in the second quarter valued at $142,900,000. Finally, Corient Private Wealth LP acquired a new stake in Reliance in the second quarter valued at $129,799,000. 79.26% of the stock is currently owned by institutional investors and hedge funds.

More Reliance News

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Barclays initiated coverage with an “equal weight” rating and a $420 price target. The target implies modest upside from the stock’s recent $410.90 level, providing a measured valuation endorsement even though Barclays did not recommend an outright overweight position.
• Neutral Sentiment: Wall Street is focusing on Reliance’s third-quarter 2026 operating metrics ahead of earnings. The latest preview highlights estimates for revenue, earnings and key performance measures for the quarter ended September, but it does not report actual results or identify a significant estimate revision. Zacks Reliance Q3 earnings preview
• Neutral Sentiment: Most of the other reports concern Reliance Industries Ltd. in India and its Jio Platforms IPO, not Reliance, Inc. (RS). News about Jio’s proposed ₹30,213 crore offering, its price band, distribution arrangements and Joyland dairy products may affect Indian-listed Reliance Industries, but it is not a direct catalyst for the U.S.-listed industrial metals distributor.

About Reliance

Reliance, Inc (NYSE: RS) is a diversified metals service center company that supplies processed metal products and related services to industrial manufacturers, fabricators, and other commercial customers. Its product offerings include carbon steel, stainless steel, aluminum, copper, brass, and other specialty metals.

The company provides value-added processing services such as cutting, slitting, leveling, blanking, machining, forming, and precision sawing. These services allow customers to purchase metals in customized sizes and specifications, helping reduce their need for in-house processing and inventory management.

Founded in 1939, Reliance serves a broad range of industries, including nonresidential construction, transportation, aerospace and defense, energy, electronics, machinery, and general manufacturing.