Key Points
- Stephen Paul Koch, Reliance's COO, sold 3,066 shares on Dec. 1 at an average price of $283.56 for about $869,395, leaving him with 14,021 shares — a 17.94% reduction in his ownership.
- Reliance reported Q3 EPS of $3.64 (missed estimates of $3.68) with revenue of $3.65B, up 6.8% year-over-year, and set Q4 2025 guidance of 2.65–2.85 EPS; sell-side analysts expect about 16.98 EPS for the year.
- The company announced a quarterly dividend of $1.20 per share (annualized $4.80, ~1.7% yield), and the stock trades near $278 with a market cap of ~$14.6B and a P/E around 20.4 (52-week range $250.07–$347.43).
Reliance, Inc. (NYSE:RS - Get Free Report) COO Stephen Paul Koch sold 3,066 shares of the stock in a transaction dated 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 transaction, the chief operating officer directly owned 14,021 shares in the company, valued at $3,975,794.76. This represents a 17.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Reliance Trading Down 1.4%
Reliance stock opened at $278.69 on Wednesday. The stock has a 50-day moving average price of $276.90 and a 200 day moving average price of $293.83. The company has a market capitalization of $14.57 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.46 and a beta of 0.90. Reliance, Inc. has a 52 week low of $250.07 and a 52 week high of $347.43. 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 (NYSE:RS - Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $3.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.68 by ($0.04). Reliance had a return on equity of 10.37% and a net margin of 5.23%.The business had revenue of $3.65 billion for the quarter, compared to analysts' expectations of $3.54 billion. During the same period in the prior year, the business posted $3.64 earnings per share. The business's quarterly revenue was up 6.8% compared to the same quarter last year. Reliance has set its Q4 2025 guidance at 2.650-2.85 EPS. Sell-side analysts anticipate that Reliance, Inc. will post 16.98 EPS for the current year.
Reliance Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 21st will be given a dividend of $1.20 per share. The ex-dividend date is Friday, November 21st. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Reliance's payout ratio is currently 35.09%.
Analysts Set New Price Targets
RS has been the topic of several recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Reliance from $350.00 to $345.00 and set an "overweight" rating on the stock in a report on Monday, October 13th. BMO Capital Markets lowered their target price on Reliance from $340.00 to $315.00 and set an "outperform" rating on the stock in a research note on Friday, October 24th. Zacks Research lowered Reliance from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Wells Fargo & Company boosted their price target on Reliance from $284.00 to $287.00 and gave the company an "equal weight" rating in a report on Friday, November 14th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Reliance in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Reliance currently has an average rating of "Hold" and a consensus price target of $318.50.
Check Out Our Latest Report on RS
Hedge Funds Weigh In On Reliance
Large investors have recently bought and sold shares of the business. Private Trust Co. NA grew its holdings in Reliance by 417.6% in the second quarter. Private Trust Co. NA now owns 88 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 71 shares during the period. Quarry LP purchased a new position in shares of Reliance during the 3rd quarter valued at approximately $32,000. Guerra Advisors Inc purchased a new position in shares of Reliance during the 3rd quarter valued at approximately $34,000. Root Financial Partners LLC acquired a new stake in Reliance in the 3rd quarter valued at $38,000. Finally, Allworth Financial LP increased its holdings in Reliance by 46.3% in the 2nd quarter. Allworth Financial LP now owns 139 shares of the industrial products company's stock worth $44,000 after acquiring an additional 44 shares in the last quarter. Institutional investors and hedge funds own 79.26% of the company's stock.
Reliance Company Profile
(
Get Free Report)
Reliance, Inc operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries.
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