Reliance, Inc. $RS Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC trimmed its holdings in Reliance, Inc. (NYSE:RS) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,776 shares of the industrial products company’s stock after selling 10,045 shares during the quarter. Copeland Capital Management LLC’s holdings in Reliance were worth $37,777,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Elevation Wealth Partners LLC acquired a new stake in Reliance in the 4th quarter valued at about $28,000. Quarry LP acquired a new stake in Reliance in the 3rd quarter valued at about $32,000. Guerra Advisors Inc acquired a new stake in Reliance in the 3rd quarter valued at about $34,000. Root Financial Partners LLC acquired a new stake in Reliance in the 3rd quarter valued at about $38,000. Finally, Sound Income Strategies LLC acquired a new stake in Reliance in the 4th quarter valued at about $40,000. 79.26% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Reliance

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Q1 results materially beat expectations: EPS $5.16 vs. $4.63 est., revenue $4.03B (+15.1% YoY) and management raised Q2 EPS guidance to $5.150–5.350 (above consensus ~5.00). This supports upside to near-term earnings momentum. Reliance, Inc. Reports First Quarter 2026 Financial Results
• Positive Sentiment: Board declared a quarterly cash dividend of $1.25/share (record May 22; pay June 5), ~1.4% yield — supports income-minded holders and reduces downside for yield-focused investors.
• Neutral Sentiment: Bank of America bumped its price target from $340 to $355 but retained a “neutral” rating, signaling limited near-term enthusiasm from a major analyst despite the PT lift. Bank of America price target update
• Neutral Sentiment: Earnings call transcript and analyst write-ups provide color on end-market strength (steel demand/pricing) but no major strategic surprises — useful for modeling but not a clear catalyst. Reliance, Inc. (RS) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the beat, shares are down on higher-than-average volume — likely profit-taking after the rally toward the 1‑year high and lingering valuation/rotation concerns (P/E ~24.6, PEG ~1.27). This suggests short-term selling pressure even with fundamentally positive results.

Insider Transactions at Reliance

In other news, COO Stephen Paul Koch sold 24,060 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $321.62, for a total value of $7,738,177.20. Following the transaction, the chief operating officer owned 14,021 shares in the company, valued at $4,509,434.02. This represents a 63.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP William A. Smith II sold 6,615 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $298.61, for a total value of $1,975,305.15. Following the completion of the transaction, the senior vice president owned 21,747 shares in the company, valued at $6,493,871.67. This represents a 23.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

RS has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price target on shares of Reliance from $323.00 to $330.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. KeyCorp began coverage on Reliance in a report on Wednesday, March 25th. They set an “overweight” rating and a $341.00 price objective on the stock. The Goldman Sachs Group began coverage on Reliance in a report on Wednesday, April 1st. They set a “neutral” rating and a $300.00 price objective on the stock. Wall Street Zen upgraded Reliance from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Reliance in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $331.00.

Reliance Price Performance

Shares of RS opened at $344.17 on Friday. The company has a market capitalization of $17.80 billion, a price-to-earnings ratio of 22.45, a P/E/G ratio of 1.33 and a beta of 0.88. Reliance, Inc. has a fifty-two week low of $260.31 and a fifty-two week high of $365.59. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.88 and a quick ratio of 2.30. The business’s 50-day moving average is $314.37 and its 200-day moving average is $301.99.

Reliance (NYSE:RS) last issued its earnings results on Wednesday, April 22nd. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.63 by $0.53. The company had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $3.89 billion. Reliance had a return on equity of 11.32% and a net margin of 5.42%.The firm’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.77 EPS. Reliance has set its Q2 2026 guidance at 5.150-5.350 EPS. Equities research analysts expect that Reliance, Inc. will post 17.65 EPS for the current fiscal year.

Reliance Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a $1.25 dividend. The ex-dividend date is Friday, May 22nd. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.5%. Reliance’s dividend payout ratio is currently 35.79%.

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.