William Blair Investment Management LLC Buys Shares of 382,494 Reliance, Inc. $RS

Posted by Stanley Muller on Aug 22nd, 2026

William Blair Investment Management LLC bought a new position in Reliance, Inc. (NYSE:RS – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 382,494 shares of the industrial products company’s stock, valued at approximately $142,900,000. William Blair Investment Management LLC owned 0.75% of Reliance as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. PFA Pension Forsikringsaktieselskab purchased a new position in Reliance during the 4th quarter valued at about $61,317,000. Arjuna Capital acquired a new position in shares of Reliance in the 4th quarter valued at about $1,838,000. Forsta AP Fonden purchased a new stake in shares of Reliance in the fourth quarter worth approximately $2,022,000. Fulcrum Wealth Advisors LLC purchased a new stake in shares of Reliance in the fourth quarter worth approximately $2,529,000. Finally, Versor Investments LP acquired a new stake in shares of Reliance during the fourth quarter worth approximately $399,000. Institutional investors and hedge funds own 79.26% of the company’s stock.

Reliance Trading Up 1.9%

Shares of NYSE RS opened at $387.58 on Friday. The stock has a market cap of $19.79 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 0.98 and a beta of 0.96. The business has a 50 day simple moving average of $398.80 and a 200 day simple moving average of $360.65. Reliance, Inc. has a 52 week low of $260.31 and a 52 week high of $433.02. 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 (NYSE:RS – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $6.27 earnings per share for the quarter, beating the consensus estimate of $5.47 by $0.80. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.26 billion. Reliance had a net margin of 5.65% and a return on equity of 12.51%. The company’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same quarter last year, the firm earned $4.43 earnings per share. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS. On average, research analysts predict that Reliance, Inc. will post 22.23 earnings per share for the current fiscal year.

Reliance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a dividend of $1.25 per share. The ex-dividend date is Friday, August 14th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. Reliance’s dividend payout ratio (DPR) is currently 29.07%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on RS shares. Citigroup reaffirmed a “neutral” rating on shares of Reliance in a research report on Wednesday, July 29th. Bank of America downgraded shares of Reliance from a “neutral” rating to an “underperform” rating and set a $365.00 target price for the company. in a research report on Thursday, April 30th. Weiss Ratings restated a “buy (b-)” rating on shares of Reliance in a report on Thursday, August 13th. KeyCorp upped their price target on shares of Reliance from $378.00 to $418.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. Finally, BMO Capital Markets increased their price objective on Reliance from $390.00 to $415.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $378.67.

View Our Latest Analysis on RS

Insiders Place Their Bets

In related news, SVP William A. Smith II sold 2,353 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $414.21, for a total value of $974,636.13. Following the completion of the sale, the senior vice president directly owned 19,394 shares in the company, valued at approximately $8,033,188.74. This represents a 10.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Arthur Ajemyan sold 2,200 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $410.11, for a total transaction of $902,242.00. Following the transaction, the chief financial officer directly owned 14,640 shares in the company, valued at $6,004,010.40. The trade was 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 company insiders.

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.