SRB Corp Lowers Stock Holdings in Reliance, Inc. $RS

Posted by Stanley Muller on Jul 25th, 2026

SRB Corp lessened its stake in Reliance, Inc. (NYSE:RS – Free Report) by 2.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 95,976 shares of the industrial products company’s stock after selling 2,255 shares during the period. Reliance makes up 1.8% of SRB Corp’s portfolio, making the stock its 20th largest position. SRB Corp’s holdings in Reliance were worth $29,169,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Reliance during the 1st quarter worth approximately $7,598,000. Compound Planning Inc. grew its stake in shares of Reliance by 5.8% in the 1st quarter. Compound Planning Inc. now owns 1,136 shares of the industrial products company’s stock valued at $345,000 after purchasing an additional 62 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Reliance by 6.7% in the first quarter. Sei Investments Co. now owns 35,287 shares of the industrial products company’s stock valued at $10,725,000 after purchasing an additional 2,229 shares during the period. Cetera Investment Advisers increased its holdings in shares of Reliance by 7.5% in the first quarter. Cetera Investment Advisers now owns 13,039 shares of the industrial products company’s stock valued at $3,963,000 after purchasing an additional 907 shares during the period. Finally, First Citizens Bank & Trust Co. raised its stake in shares of Reliance by 2.1% during the first quarter. First Citizens Bank & Trust Co. now owns 2,078 shares of the industrial products company’s stock worth $632,000 after purchasing an additional 42 shares during the last quarter. 79.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Arthur Ajemyan sold 3,500 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $358.12, for a total value of $1,253,420.00. Following the completion of the transaction, the chief financial officer owned 16,840 shares in the company, valued at $6,030,740.80. This trade represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.40% of the stock is owned by corporate insiders.

Reliance Stock Up 3.2%

Reliance stock opened at $408.04 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.30 and a quick ratio of 2.24. Reliance, Inc. has a 1-year low of $260.31 and a 1-year high of $419.83. The company has a market cap of $20.83 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 1.22 and a beta of 0.97. The stock’s 50 day moving average price is $386.93 and its 200 day moving average price is $347.45.

Reliance (NYSE:RS – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $6.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.47 by $0.80. Reliance had a return on equity of 12.51% and a net margin of 5.65%.The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.26 billion. During the same quarter in the prior year, the business posted $4.43 earnings per share. Reliance’s revenue was up 26.5% compared to the same quarter last year. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS. On average, sell-side analysts predict that Reliance, Inc. will post 19.24 EPS for the current fiscal year.

Reliance Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.2%. Reliance’s dividend payout ratio is 29.07%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on Reliance from $378.00 to $376.00 and set a “neutral” rating for the company in a report on Wednesday, July 15th. Wall Street Zen raised shares of Reliance from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Wells Fargo & Company upped their price objective on shares of Reliance from $372.00 to $398.00 and gave the stock an “equal weight” rating in a research report on Thursday. BMO Capital Markets raised their target price on shares of Reliance from $320.00 to $350.00 and gave the stock a “market perform” rating in a research note on Monday, April 27th. Finally, Bank of America downgraded shares of Reliance from a “neutral” rating to an “underperform” rating and set a $365.00 target price on the stock. in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $367.83.

Read Our Latest Stock Report on RS

Key Headlines Impacting Reliance

Here are the key news stories impacting Reliance this week:

Positive Sentiment: Reliance reported Q2 earnings per share of $6.27, ahead of estimates and above management’s prior guidance, while revenue rose 26.5% year over year to $4.63 billion. Article Title
Positive Sentiment: The company said record quarterly tons sold, stronger customer activity, and firm pricing supported results, with the U.S. border wall project contributing more than expected to earnings. Article Title
Positive Sentiment: Management issued upbeat Q3 guidance of $6.40 to $6.60 per share, signaling continued momentum after the strong quarter. Article Title
Neutral Sentiment: Wells Fargo raised its price target on Reliance to $398 from $372 but kept an “equal weight” rating, suggesting improved expectations without a major change in stance. Article Title
Neutral Sentiment: The company also announced a quarterly dividend of $1.25 per share, reinforcing shareholder returns but not changing the core operating story. Article Title

About Reliance

(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.