Reliance, Inc. $RS Shares Bought by Vise Technologies Inc.

Posted by Brian Himes on Nov 6th, 2026

Vise Technologies Inc. lifted its holdings in shares of Reliance, Inc. (NYSE:RS – Free Report) by 36.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,832 shares of the industrial products company’s stock after buying an additional 1,293 shares during the period. Vise Technologies Inc.’s holdings in Reliance were worth $1,859,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of RS. MGO One Seven LLC increased its holdings in shares of Reliance by 34.5% during the third quarter. MGO One Seven LLC now owns 4,765 shares of the industrial products company’s stock worth $1,833,000 after purchasing an additional 1,221 shares during the period. Choreo LLC raised its position in shares of Reliance by 6.1% in the third quarter. Choreo LLC now owns 1,502 shares of the industrial products company’s stock valued at $578,000 after buying an additional 86 shares in the last quarter. Childress Capital Advisors LLC boosted its stake in shares of Reliance by 4.9% in the third quarter. Childress Capital Advisors LLC now owns 600 shares of the industrial products company’s stock valued at $231,000 after buying an additional 28 shares during the period. Generali Asset Management SPA SGR boosted its stake in shares of Reliance by 739.1% in the third quarter. Generali Asset Management SPA SGR now owns 1,460 shares of the industrial products company’s stock valued at $562,000 after buying an additional 1,286 shares during the period. Finally, Asset Management One Co. Ltd. boosted its stake in shares of Reliance by 9.3% in the third quarter. Asset Management One Co. Ltd. now owns 41,580 shares of the industrial products company’s stock valued at $16,001,000 after buying an additional 3,522 shares during the period. 79.26% of the stock is currently owned by institutional investors and hedge funds.

Key Reliance News

Here are the key news stories impacting Reliance this week:

Positive Sentiment: Zacks Research raised several future earnings forecasts, including FY2028 EPS to $19.13 from $18.09, and kept its “Strong-Buy” rating. Estimates also increased for Q2 and Q3 2027 and Q1 and Q3 2028, suggesting improved expectations across much of the forecast period. Reliance analyst coverage
Positive Sentiment: Recent results provide additional support: Reliance reported quarterly EPS of $8.02, above the $6.83 consensus, while revenue also topped estimates and rose 42.8% year over year.
Neutral Sentiment: Reports about Reliance Jio’s ₹15 unlimited 5G data pack concern Jio and its parent, Reliance Industries—not the U.S.-listed Reliance, Inc. (RS)—so they are not a direct business catalyst for RS. Jio data-pack article
Negative Sentiment: Zacks lowered its Q2 2028 EPS estimate to $4.45 from $4.66, a counterpoint to its other upward revisions. Reliance analyst coverage

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on RS. Wells Fargo & Company lifted their target price on shares of Reliance from $391.00 to $420.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 22nd. KeyCorp lifted their price objective on Reliance from $421.00 to $437.00 and gave the stock an “overweight” rating in a research report on Monday, October 26th. Weiss Ratings downgraded Reliance from a “buy (b)” rating to a “hold (c)” rating in a research note on Wednesday, October 28th. JPMorgan Chase & Co. boosted their price objective on Reliance from $400.00 to $420.00 and gave the company a “neutral” rating in a research note on Wednesday, October 28th. Finally, Citigroup restated a “neutral” rating on shares of Reliance in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $400.29.

Check Out Our Latest Research Report on Reliance

Reliance Price Performance

RS stock opened at $413.42 on Friday. Reliance, Inc. has a one year low of $263.12 and a one year high of $454.93. The firm has a 50 day simple moving average of $404.39 and a two-hundred day simple moving average of $370.58. The stock has a market cap of $21.06 billion, a PE ratio of 19.27, a P/E/G ratio of 0.91 and a beta of 0.95. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.12 and a quick ratio of 2.22.

Reliance (NYSE:RS – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $8.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.83 by $1.19. The firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $4.74 billion. Reliance had a net margin of 6.38% and a return on equity of 15.31%. The company’s revenue for the quarter was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.64 earnings per share. On average, analysts predict that Reliance, Inc. will post 25.68 EPS for the current fiscal year.

Reliance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 20th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.2%. Reliance’s dividend payout ratio is 23.31%.

Insider Activity

In other news, COO Stephen Koch sold 8,334 shares of the stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $430.87, for a total value of $3,590,870.58. Following the completion of the sale, the chief operating officer directly owned 8,209 shares of the company’s stock, valued at $3,537,011.83. This represents a 50.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is currently owned by company insiders.

Reliance Profile

(Free Report)

Reliance, Inc (NYSE: RS) is a diversified metals service center company that supplies processed metal products and related services to industrial manufacturers, fabricators, and other commercial customers. Its product offerings include carbon steel, stainless steel, aluminum, copper, brass, and other specialty metals.

The company provides value-added processing services such as cutting, slitting, leveling, blanking, machining, forming, and precision sawing. These services allow customers to purchase metals in customized sizes and specifications, helping reduce their need for in-house processing and inventory management.

Founded in 1939, Reliance serves a broad range of industries, including nonresidential construction, transportation, aerospace and defense, energy, electronics, machinery, and general manufacturing.