Reliance, Inc. $RS Stake Lowered by QRG Capital Management Inc.

QRG Capital Management Inc. trimmed its position in shares of Reliance, Inc. (NYSE:RS) by 73.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,512 shares of the industrial products company’s stock after selling 17,973 shares during the quarter. QRG Capital Management Inc.’s holdings in Reliance were worth $1,829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA increased its position in Reliance by 417.6% in the 2nd quarter. Private Trust Co. NA now owns 88 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 71 shares during the last quarter. Allworth Financial LP grew its stake in shares of Reliance by 46.3% in the 2nd quarter. Allworth Financial LP now owns 139 shares of the industrial products company’s stock valued at $44,000 after buying an additional 44 shares in the last quarter. Caldwell Trust Co acquired a new position in Reliance in the second quarter worth approximately $58,000. Transamerica Financial Advisors LLC raised its position in Reliance by 31.4% during the second quarter. Transamerica Financial Advisors LLC now owns 201 shares of the industrial products company’s stock valued at $63,000 after acquiring an additional 48 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in Reliance in the second quarter worth approximately $68,000. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Insider Activity

In other Reliance news, CEO Karla R. Lewis sold 5,809 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $283.50, for a total value of $1,646,851.50. Following the completion of the transaction, the chief executive officer owned 84,421 shares of the company’s stock, valued at $23,933,353.50. This represents a 6.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Stephen Paul Koch sold 3,066 shares of Reliance stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $283.56, for a total value of $869,394.96. Following the sale, the chief operating officer directly owned 14,021 shares in the company, valued at $3,975,794.76. The trade was a 17.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.35% of the company’s stock.

Analyst Upgrades and Downgrades

RS has been the subject of several analyst reports. KeyCorp reaffirmed an “overweight” rating on shares of Reliance in a research note on Wednesday, January 7th. JPMorgan Chase & Co. cut their price objective on Reliance from $345.00 to $340.00 and set an “overweight” rating on the stock in a research note on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reliance in a report on Monday, December 29th. Wells Fargo & Company boosted their price objective on shares of Reliance from $284.00 to $287.00 and gave the stock an “equal weight” rating in a research note on Friday, November 14th. Finally, Zacks Research downgraded shares of Reliance from a “hold” rating to a “strong sell” rating in a report on Monday, January 5th. Three analysts have rated the stock with a Buy rating, two have given 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 an average price target of $317.25.

Reliance Trading Up 0.5%

Shares of RS stock opened at $324.13 on Tuesday. The firm has a market capitalization of $16.95 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 1.66 and a beta of 0.92. Reliance, Inc. has a 1 year low of $250.07 and a 1 year high of $347.43. The firm’s fifty day simple moving average is $289.70 and its 200 day simple moving average is $291.46. The company has a current ratio of 4.43, a quick ratio of 2.08 and a debt-to-equity ratio of 0.19.

Reliance (NYSE:RS) last posted its quarterly earnings data 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). Reliance had a return on equity of 10.37% and a net margin of 5.23%.The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.54 billion. During the same quarter in the previous year, the firm posted $3.64 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Reliance has set its Q4 2025 guidance at 2.650-2.85 EPS. As a group, sell-side analysts predict that Reliance, Inc. will post 16.98 EPS for the current year.

Reliance News Roundup

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Jio crosses 500 million subscribers — a material scale milestone that supports future monetization and IPO value realization; this underpins long‑term upside if the Jio IPO proceeds on attractive terms. Reliance Posts 10% Revenue Growth In Q3FY26 As Jio Crosses 500 Million Subscribers
• Positive Sentiment: Reliance Retail signals strategic shift toward store‑led growth (less focus on hyper‑fast delivery), which could stabilize profitability if executed well. This is a constructive operational update for longer‑term margins. Reliance Retail’s Q3FY26 Signals a Move Beyond the 10-Min Delivery, Bets on Store-Led Growth
• Positive Sentiment: An analyst (Prabhudas Lilladher) reiterates a buy and a higher target, providing a counterweight to some cuts and offering short‑term support from buy‑side conviction. Buy Reliance Industries; target of Rs 1683: Prabhudas Lilladher
• Neutral Sentiment: Jio IPO reportedly “almost ready” but management is holding back on filing the DRHP — this keeps upside potential intact but delays near‑term clarification on value unlocking. Jio’s IPO is almost ready — so why is Mukesh Ambani’s Reliance still holding back on filing the DRHP?
• Neutral Sentiment: Company reported revenue growth (~10–11%) with profit rising only marginally — a mixed quarter that leaves guidance and margin trajectory as the key follow‑ups for investors. Reliance Industries shares in focus after Q3 results; profit rises marginally, revenue up 11%
• Negative Sentiment: Multiple headlines report sharp share‑price declines and large market‑cap loss after the Q3 print (investor disappointment on margins/retail), driving intraday weakness. RIL share price falls 3%, Rs 60,000 crore m-cap gone! Target prices post weak Q3 results
• Negative Sentiment: Jefferies cuts its price target and flags a retail “speed bump” — analyst downgrades increase selling pressure until clearer signs of retail recovery appear. Jefferies slashes Reliance target: Retail hits speed bump, but there’s a hidden silver lining
• Negative Sentiment: Standalone December sales fell ~2.6% YoY, highlighting near‑term demand softness in parts of the business. Reliance Standalone December 2025 Net Sales at Rs 121,150.00 crore, down 2.6% Y-o-Y

Reliance Profile

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.