Reliance, Inc. $RS Stock Holdings Decreased by Copeland Capital Management LLC

Key Points

• Copeland Capital Management LLC reduced its shares in Reliance, Inc. by 8.3%, now holding 167,950 shares valued at approximately $52.72 million.
• The stock has seen **mixed analyst ratings**, with Zacks Research downgrading it to "hold", while JPMorgan issued an "overweight" rating with a target price of **$350.00**.
• Reliance's recent earnings report showed **$4.43 EPS**, missing estimates and revealing a revenue that was only up **0.5%** year-over-year, prompting Q3 2025 EPS guidance of 3.600-3.800.

Copeland Capital Management LLC lowered its position in shares of Reliance, Inc. (NYSE:RS - Free Report) by 8.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,950 shares of the industrial products company's stock after selling 15,109 shares during the quarter. Copeland Capital Management LLC owned 0.32% of Reliance worth $52,720,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Curat Global LLC acquired a new stake in Reliance during the 1st quarter valued at $173,000. UMB Bank n.a. grew its holdings in shares of Reliance by 57.2% during the first quarter. UMB Bank n.a. now owns 555 shares of the industrial products company's stock valued at $160,000 after buying an additional 202 shares in the last quarter. Park Avenue Securities LLC raised its position in Reliance by 6.1% during the first quarter. Park Avenue Securities LLC now owns 2,161 shares of the industrial products company's stock valued at $624,000 after buying an additional 124 shares during the period. Wedge Capital Management L L P NC raised its position in Reliance by 4.4% during the first quarter. Wedge Capital Management L L P NC now owns 36,150 shares of the industrial products company's stock valued at $10,438,000 after buying an additional 1,523 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Reliance by 11.1% in the 1st quarter. Farther Finance Advisors LLC now owns 401 shares of the industrial products company's stock worth $116,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 79.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RS shares. Zacks Research downgraded Reliance from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Wells Fargo & Company raised shares of Reliance to a "hold" rating in a research report on Thursday, August 14th. Finally, JPMorgan Chase & Co. started coverage on shares of Reliance in a research report on Tuesday, September 9th. They issued an "overweight" rating and a $350.00 target price for the company. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $328.80.

Reliance Stock Up 0.8%

Shares of Reliance stock opened at $285.40 on Friday. The firm has a market cap of $15.01 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 1.35 and a beta of 0.87. The stock has a 50-day simple moving average of $289.69 and a 200-day simple moving average of $296.39. Reliance, Inc. has a 52-week low of $250.07 and a 52-week high of $347.43. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.18 and a quick ratio of 1.51.

Reliance (NYSE:RS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $4.43 earnings per share for the quarter, missing the consensus estimate of $4.72 by ($0.29). The business had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.66 billion. Reliance had a net margin of 5.39% and a return on equity of 10.48%. Reliance's revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $4.65 EPS. Reliance has set its Q3 2025 guidance at 3.600-3.800 EPS. On average, equities research analysts expect that Reliance, Inc. will post 16.98 earnings per share for the current fiscal year.

Reliance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were issued a $1.20 dividend. The ex-dividend date was Friday, August 15th. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Reliance's dividend payout ratio is currently 35.04%.

Reliance Profile

Reliance, Inc operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.