Reliance, Inc. $RS Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of Reliance, Inc. (NYSE:RS) by 144.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,700 shares of the industrial products company’s stock after purchasing an additional 11,064 shares during the period. SG Americas Securities LLC’s holdings in Reliance were worth $5,252,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. IFP Advisors Inc increased its position in Reliance by 10.7% during the second quarter. IFP Advisors Inc now owns 340 shares of the industrial products company’s stock worth $112,000 after buying an additional 33 shares during the period. HB Wealth Management LLC grew its position in shares of Reliance by 2.6% during the second quarter. HB Wealth Management LLC now owns 1,338 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 34 shares during the last quarter. Masso Torrence Wealth Management Inc. increased its holdings in shares of Reliance by 3.3% in the 3rd quarter. Masso Torrence Wealth Management Inc. now owns 1,148 shares of the industrial products company’s stock valued at $322,000 after acquiring an additional 37 shares during the period. Farther Finance Advisors LLC raised its position in Reliance by 13.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 325 shares of the industrial products company’s stock valued at $91,000 after purchasing an additional 38 shares during the last quarter. Finally, Choreo LLC boosted its stake in Reliance by 3.2% during the 2nd quarter. Choreo LLC now owns 1,327 shares of the industrial products company’s stock worth $416,000 after purchasing an additional 41 shares during the period. 79.26% of the stock is owned by institutional investors and hedge funds.

Reliance Trading Up 0.4%

NYSE RS opened at $309.16 on Friday. The company has a quick ratio of 2.08, a current ratio of 4.43 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $16.17 billion, a P/E ratio of 22.60, a P/E/G ratio of 1.58 and a beta of 0.92. Reliance, Inc. has a 52-week low of $250.07 and a 52-week high of $347.43. The firm has a 50-day moving average price of $284.65 and a 200 day moving average price of $291.66.

Reliance (NYSE:RS) last released its earnings results on Wednesday, October 22nd. The industrial products company reported $3.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.68 by ($0.04). The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.54 billion. Reliance had a return on equity of 10.37% and a net margin of 5.23%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.64 EPS. Reliance has set its Q4 2025 guidance at 2.650-2.85 EPS. Equities research analysts expect that Reliance, Inc. will post 16.98 EPS for the current year.

Reliance News Summary

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Major press reports say Reliance Jio is planning a large IPO (small float reported ~2.5%), which could unlock significant value and has lifted investor sentiment around Reliance-related assets. Read More.
• Positive Sentiment: Additional coverage frames the Jio listing as a “mega IPO” that could dwarf other recent listings, reinforcing positive headlines and risk-on flows into stocks tied to the Reliance name. Read More.
• Neutral Sentiment: KeyCorp reiterated an Overweight stance but published a FY estimate (FY2025 EPS $14.80) that is below the consensus $16.98 — a mixed signal (positive conviction from the analyst but weaker near-term earnings forecast). Read More.
• Neutral Sentiment: Aggregated analyst coverage shows a consensus rating of “Hold” for Reliance, suggesting limited conviction for a strong near-term rerating despite positive IPO headlines. Read More.
• Negative Sentiment: Separate India-market pieces note a recent erosion in Reliance Industries’ market value and the upcoming Q3 results date — headlines that can increase volatility and pressure sentiment if RIL (the parent of Jio) reports weaker numbers. Investors in RS may be influenced by these headlines, though they relate to the India-listed group rather than NYSE:RS directly. Read More.
• Negative Sentiment: Coverage noting a large single-day valuation drop for Reliance Industries in India could weigh on sentiment and cause short-term profit-taking in stocks with the Reliance name. Read More.

Insiders Place Their Bets

In other Reliance news, COO Stephen Paul Koch sold 3,066 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $283.56, for a total transaction of $869,394.96. Following the sale, the chief operating officer directly owned 14,021 shares in the company, valued at approximately $3,975,794.76. The trade was a 17.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Karla R. Lewis sold 5,809 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $283.50, for a total transaction of $1,646,851.50. Following the transaction, the chief executive officer directly owned 84,421 shares in the company, valued at approximately $23,933,353.50. This trade represents a 6.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on RS. Wells Fargo & Company lifted their price objective on shares of Reliance from $284.00 to $287.00 and gave the company an “equal weight” rating in a research note on Friday, November 14th. JPMorgan Chase & Co. lowered their price target on Reliance from $345.00 to $340.00 and set an “overweight” rating on the stock in a report on Friday, December 5th. Zacks Research downgraded Reliance from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reliance in a research note on Monday, December 29th. Finally, KeyCorp reissued an “overweight” rating on shares of Reliance in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $317.25.

About Reliance

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.