Analysts’ Weekly Ratings Updates for Reliance (RS)

A number of firms have modified their ratings and price targets on shares of Reliance (NYSE: RS) recently:

• 4/15/2026 – Reliance had its “positive” rating reaffirmed by Wells Fargo & Company. They now have a $330.00 price target on the stock.
• 4/14/2026 – Reliance had its price target raised by JPMorgan Chase & Co. from $330.00 to $340.00. They now have a “neutral” rating on the stock.
• 4/11/2026 – Reliance was upgraded by Wall Street Zen from “hold” to “buy”.
• 4/1/2026 – Reliance is now covered by The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $300.00 price target on the stock.
• 3/25/2026 – Reliance is now covered by KeyCorp. They set an “overweight” rating and a $341.00 price target on the stock.
• 3/2/2026 – Reliance had its price target raised by Wells Fargo & Company from $315.00 to $323.00. They now have an “equal weight” rating on the stock.
• 3/1/2026 – Reliance was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/21/2026 – Reliance was upgraded by Wall Street Zen from “hold” to “buy”.
• 2/20/2026 – Reliance was downgraded by BMO Capital Markets from “outperform” to “market perform”. They now have a $320.00 price target on the stock, down from $340.00.
• 2/20/2026 – Reliance had its price target raised by Wells Fargo & Company from $287.00 to $315.00. They now have an “equal weight” rating on the stock.
• 2/20/2026 – Reliance was downgraded by JPMorgan Chase & Co. from “overweight” to “neutral”. They now have a $330.00 price target on the stock, down from $340.00.

Reliance Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were paid a $1.25 dividend. This is a boost from Reliance’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.6%. Reliance’s dividend payout ratio is presently 35.79%.

Insider Transactions at Reliance

In other news, COO Stephen Paul Koch sold 24,060 shares of the business’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 completion of the sale, the chief operating officer owned 14,021 shares of the company’s stock, valued at approximately $4,509,434.02. The trade was a 63.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP William A. Smith II sold 6,615 shares of the business’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 sale, the senior vice president directly owned 21,747 shares of the company’s stock, valued at approximately $6,493,871.67. This trade represents a 23.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.40% of the company’s stock.

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.