Analysts Set Reliance, Inc. (NYSE:RS) Price Target at $379.83

Posted by Geri Gentry on Sep 20th, 2026

Reliance, Inc. (NYSE:RS – Get Free Report) has been assigned an average recommendation of “Hold” from the nine ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $379.8333.

RS has been the topic of several research analyst reports. Citigroup reaffirmed a “neutral” rating on shares of Reliance in a research report on Wednesday, July 29th. Wells Fargo & Company decreased their price objective on shares of Reliance from $398.00 to $391.00 and set an “equal weight” rating for the company in a report on Monday, August 24th. Zacks Research upgraded shares of Reliance from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. BMO Capital Markets lifted their price target on shares of Reliance from $390.00 to $415.00 and gave the company a “market perform” rating in a research note on Monday, July 27th. Finally, KeyCorp increased their target price on shares of Reliance from $378.00 to $418.00 and gave the stock an “overweight” rating in a report on Wednesday, June 24th.

View Our Latest Analysis on RS

Reliance Stock Performance

Shares of NYSE:RS opened at $390.08 on Thursday. The company has a current ratio of 4.30, a quick ratio of 2.27 and a debt-to-equity ratio of 0.22. Reliance has a 12 month low of $260.31 and a 12 month high of $433.02. The company has a market capitalization of $19.92 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 0.99 and a beta of 0.96. The firm’s 50-day moving average is $400.56 and its 200 day moving average is $368.52.

Reliance (NYSE:RS – Get Free Report) last announced 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. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.26 billion. Reliance had a net margin of 5.65% and a return on equity of 12.51%. The firm’s quarterly revenue was up 26.5% compared to the same quarter last year. 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. Research analysts predict that Reliance will post 22.53 EPS for the current year.

Reliance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Reliance’s dividend payout ratio (DPR) is presently 29.07%.

Insiders Place Their Bets

In other Reliance news, SVP William Smith, II sold 2,353 shares of the stock in a transaction 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 sale, the senior vice president owned 19,394 shares of the company’s stock, valued at approximately $8,033,188.74. This trade represents a 10.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Arthur Ajemyan sold 2,200 shares of Reliance stock in a transaction 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 transaction, the chief financial officer owned 14,640 shares in the company, valued at $6,004,010.40. This represents a 13.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Reliance

Several institutional investors have recently bought and sold shares of RS. BlackRock Inc. acquired a new position in shares of Reliance during the second quarter worth $2,171,081,000. Geode Capital Management LLC increased its position 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 valued at $270,349,000 after buying an additional 2,549 shares in the last quarter. Norges Bank purchased a new stake in Reliance in the fourth quarter valued at about $207,691,000. Bank of New York Mellon Corp purchased a new stake in Reliance in the second quarter valued at about $176,913,000. Finally, William Blair Investment Management LLC acquired a new stake in Reliance in the second quarter worth about $142,900,000. 79.26% of the stock is currently owned by institutional investors and hedge funds.

About Reliance

(Get Free Report)

Reliance, Inc (NYSE: RS) is a diversified metals service center company that purchases, processes and distributes metals and related industrial products. Its product portfolio includes carbon steel, aluminum, stainless steel, copper, brass, titanium and other specialty metals.

The company provides value-added processing services such as cutting, leveling, sawing, machining, forming and preparing materials to customer specifications. These services help manufacturers and other commercial users reduce material-handling requirements and obtain metals in ready-to-use forms.

Founded in 1939 and headquartered in Los Angeles, California, Reliance serves customers through a network of operations primarily across North America, with additional international capabilities.