1,668 Shares in Reliance, Inc. $RS Acquired by Focused Alpha LLC

Posted by Brenda Bartman on Aug 18th, 2026

Focused Alpha LLC purchased a new position in shares of Reliance, Inc. (NYSE:RS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,668 shares of the industrial products company’s stock, valued at approximately $623,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RS. BlackRock Inc. acquired a new stake in shares of Reliance in the second quarter valued at approximately $2,171,081,000. State Street Corp increased its holdings in shares of Reliance by 4.5% in the 4th quarter. State Street Corp now owns 2,715,764 shares of the industrial products company’s stock valued at $784,503,000 after acquiring an additional 118,009 shares during the period. Boston Partners raised its position in Reliance by 27.5% in the 3rd quarter. Boston Partners now owns 2,247,603 shares of the industrial products company’s stock valued at $631,224,000 after purchasing an additional 484,286 shares during the last quarter. Wellington Management Group LLP raised its position in Reliance by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,708,756 shares of the industrial products company’s stock valued at $479,870,000 after purchasing an additional 343,598 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Reliance by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 938,601 shares of the industrial products company’s stock worth $270,349,000 after purchasing an additional 2,549 shares during the period. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Insider Buying and Selling

In other news, SVP William A. Smith II sold 2,353 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was 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 approximately $8,033,188.74. This represents a 10.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Arthur Ajemyan sold 2,200 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $410.11, for a total value of $902,242.00. Following the completion of the sale, the chief financial officer directly owned 14,640 shares of the company’s stock, valued at $6,004,010.40. This represents a 13.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. KeyCorp lifted their price objective on shares of Reliance from $378.00 to $418.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. BMO Capital Markets increased their target price on shares of Reliance from $390.00 to $415.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Zacks Research raised Reliance from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Reliance in a research report on Thursday. Finally, Seaport Research Partners upped their price objective on Reliance from $340.00 to $390.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $378.67.

Check Out Our Latest Stock Report on Reliance

Reliance Stock Performance

Shares of RS opened at $427.86 on Tuesday. The stock has a market capitalization of $21.85 billion, a P/E ratio of 24.88, a P/E/G ratio of 1.10 and a beta of 0.96. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.27 and a current ratio of 4.30. Reliance, Inc. has a 1 year low of $260.31 and a 1 year high of $433.02. The company’s fifty day moving average is $399.45 and its two-hundred day moving average is $358.94.

Reliance (NYSE:RS – Get Free Report) last released its earnings results on Wednesday, July 22nd. The industrial products company reported $6.27 EPS 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 analysts’ expectations of $4.26 billion. Reliance had a net margin of 5.65% and a return on equity of 12.51%. The business’s revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the business earned $4.43 EPS. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS. On average, sell-side analysts predict that Reliance, Inc. will post 22.23 earnings per share for the current year.

Reliance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a $1.25 dividend. The ex-dividend date is Friday, August 14th. This represents a $5.00 dividend on an annualized basis and a yield of 1.2%. Reliance’s dividend payout ratio (DPR) is presently 29.07%.

Reliance Profile

(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.