Weekly Research Analysts’ Ratings Changes for Reliance (RS)

by · The Markets Daily

Several analysts have recently updated their ratings and price targets for Reliance (NYSE: RS):

  • 7/29/2026 – Reliance had its “neutral” rating reaffirmed by Citigroup Inc..
  • 7/27/2026 – Reliance had its price target raised by BMO Capital Markets from $390.00 to $415.00. They now have a “market perform” rating on the stock.
  • 7/23/2026 – Reliance had its price target raised by Wells Fargo & Company from $372.00 to $398.00. They now have an “equal weight” rating on the stock.
  • 7/15/2026 – Reliance had its price target lowered by JPMorgan Chase & Co. from $378.00 to $376.00. They now have a “neutral” rating on the stock.
  • 7/9/2026 – Reliance had its price target lowered by Wells Fargo & Company from $376.00 to $372.00. They now have an “equal weight” rating on the stock.
  • 6/24/2026 – Reliance had its price target raised by KeyCorp from $378.00 to $418.00. They now have an “overweight” rating on the stock.
  • 6/10/2026 – Reliance had its price target raised by JPMorgan Chase & Co. from $345.00 to $378.00. They now have a “neutral” rating on the stock.
  • 6/4/2026 – Reliance had its price target raised by Wells Fargo & Company from $343.00 to $376.00. They now have an “equal weight” rating on the stock.

Reliance Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.2%. Reliance’s payout ratio is presently 29.07%.

Insider Activity

In other news, SVP William A. Smith II sold 2,353 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $414.21, for a total transaction of $974,636.13. Following the transaction, the senior vice president directly owned 19,394 shares in the company, valued at $8,033,188.74. The trade was a 10.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.40% of the stock is currently owned by company insiders.

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.

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