Key Points
- COO sold 24,060 shares — Reliance COO Stephen Paul Koch sold 24,060 shares at an average price of $321.62 on Feb. 23, generating about $7.74 million and reducing his direct ownership by 63.18% to 14,021 shares.
- Quarterly results and payout — Reliance reported Q4 EPS of $2.40 (missing estimates by $0.40) with revenue up 11.9% year-over-year, set Q1 2026 guidance of $4.50–$4.70 EPS, and raised its quarterly dividend to $1.25 ($5.00 annual).
- Mixed analyst views amid heavy institutional ownership — Several analysts recently cut ratings and price targets while MarketBeat’s consensus is a "Hold" with a $321.67 target, and institutional investors own roughly 79.3% of the company.
Reliance, Inc. (NYSE:RS - Get Free Report) COO Stephen Paul Koch sold 24,060 shares of the stock in a transaction 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 transaction, the chief operating officer directly owned 14,021 shares of the company's stock, valued at approximately $4,509,434.02. This trade represents a 63.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Stephen Paul Koch also recently made the following trade(s):
- On Monday, December 1st, Stephen Paul Koch sold 3,066 shares of Reliance stock. The shares were sold at an average price of $283.56, for a total value of $869,394.96.
Reliance Stock Performance
Shares of NYSE RS traded down $4.20 during trading on Thursday, reaching $312.54. 21,902 shares of the stock traded hands, compared to its average volume of 361,070. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.88 and a quick ratio of 2.30. The stock has a market capitalization of $16.34 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 1.90 and a beta of 0.92. Reliance, Inc. has a 52-week low of $250.07 and a 52-week high of $365.59. The company has a 50-day moving average of $319.37 and a 200-day moving average of $295.78.
Reliance (NYSE:RS - Get Free Report) 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 firm had revenue of $3.50 billion during 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 company's revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.22 earnings per share. Reliance has set its Q1 2026 guidance at 4.500-4.70 EPS. Analysts forecast that Reliance, Inc. will post 16.98 EPS for the current fiscal year.
Reliance Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, March 6th. This is an increase from Reliance's previous quarterly dividend of $1.20. Reliance's dividend payout ratio is currently 34.36%.
Institutional Investors Weigh In On Reliance
Several large investors have recently added to or reduced their stakes in RS. Boston Partners grew its position in Reliance by 72.6% during the second quarter. Boston Partners now owns 1,763,317 shares of the industrial products company's stock valued at $552,461,000 after acquiring an additional 741,417 shares during the last quarter. Norges Bank bought a new position in shares of Reliance during the 4th quarter valued at $207,691,000. Alliancebernstein L.P. raised its position in Reliance by 899.4% in the 3rd quarter. Alliancebernstein L.P. now owns 733,528 shares of the industrial products company's stock worth $205,997,000 after purchasing an additional 660,128 shares during the period. Wellington Management Group LLP lifted its stake in Reliance by 25.2% in the third quarter. Wellington Management Group LLP now owns 1,708,756 shares of the industrial products company's stock worth $479,870,000 after purchasing an additional 343,598 shares during the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Reliance by 1,018.9% in the fourth quarter. Corient Private Wealth LLC now owns 341,827 shares of the industrial products company's stock worth $98,744,000 after buying an additional 311,276 shares during the period. Institutional investors own 79.26% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on RS shares. BMO Capital Markets lowered shares of Reliance from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from $340.00 to $320.00 in a research note on Friday, February 20th. Wall Street Zen upgraded Reliance from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. JPMorgan Chase & Co. cut Reliance from an "overweight" rating to a "neutral" rating and dropped their price objective for the stock from $340.00 to $330.00 in a report on Friday, February 20th. Weiss Ratings restated a "hold (c)" rating on shares of Reliance in a research note on Monday, December 29th. Finally, Zacks Research upgraded Reliance from a "strong sell" rating to a "hold" rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Buy rating and five have issued 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 $321.67.
View Our Latest Report on RS
About Reliance
(
Get Free Report)
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.
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