Universal Beteiligungs und Servicegesellschaft mbH Sells 2,996 Shares of Reliance, Inc. $RS

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in Reliance by 8%, selling 2,996 shares and leaving it with 34,284 shares (about 0.07% of the company) worth roughly $9.95 million.
• Reliance beat Q1 estimates, reporting EPS of $5.16 vs. $4.63 consensus and revenue of $4.03B vs. $3.89B, and the company raised Q2 EPS guidance to $5.15–$5.35.
• Large insider sales were disclosed: COO Stephen Paul Koch sold 24,060 shares for ~$7.74M (a 63% reduction) and SVP William A. Smith II sold 6,615 shares for ~$1.98M; corporate insiders now own about 0.40% of the stock.

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Reliance, Inc. (NYSE:RS - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 34,284 shares of the industrial products company's stock after selling 2,996 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Reliance worth $9,953,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp increased its position in Reliance by 6.8% during the third quarter. State Street Corp now owns 2,597,755 shares of the industrial products company's stock worth $729,528,000 after acquiring an additional 166,214 shares during the period. Boston Partners boosted its holdings in Reliance by 27.5% in the 3rd quarter. Boston Partners now owns 2,247,603 shares of the industrial products company's stock valued at $631,224,000 after purchasing an additional 484,286 shares during the period. Wellington Management Group LLP boosted its holdings in Reliance by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,708,756 shares of the industrial products company's stock valued at $479,870,000 after purchasing an additional 343,598 shares during the period. Franklin Resources Inc. grew its position in Reliance by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,142,551 shares of the industrial products company's stock worth $320,863,000 after purchasing an additional 51,894 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in Reliance by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 755,756 shares of the industrial products company's stock worth $212,243,000 after purchasing an additional 30,765 shares during the last quarter. Institutional investors and hedge funds own 79.26% of the company's stock.

Insider Activity at Reliance

In related news, COO Stephen Paul Koch sold 24,060 shares of the business's stock in a transaction on 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 sale, the chief operating officer owned 14,021 shares of the company's stock, valued at $4,509,434.02. The trade was a 63.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP William A. Smith II sold 6,615 shares of the company's stock in a transaction on 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 owned 21,747 shares in the company, valued at $6,493,871.67. This trade represents a 23.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.40% of the company's stock.

Reliance Trading Up 0.1%

Shares of RS stock opened at $352.13 on Monday. The firm has a fifty day moving average of $314.55 and a 200-day moving average of $302.78. The stock has a market cap of $18.22 billion, a price-to-earnings ratio of 22.97, a P/E/G ratio of 1.27 and a beta of 0.88. Reliance, Inc. has a 52-week low of $260.31 and a 52-week high of $365.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.24 and a current ratio of 4.39.

Reliance (NYSE:RS - Get Free Report) last issued its earnings results on Wednesday, April 22nd. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.63 by $0.53. The business had revenue of $4.03 billion for the quarter, compared to analyst estimates of $3.89 billion. Reliance had a net margin of 5.42% and a return on equity of 11.37%. The firm's revenue was up 15.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.77 EPS. Reliance has set its Q2 2026 guidance at 5.150-5.350 EPS. On average, equities research analysts forecast that Reliance, Inc. will post 17.84 earnings per share for the current fiscal year.

Reliance Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, May 22nd. Reliance's payout ratio is presently 32.62%.

More Reliance News

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Q1 results topped expectations — EPS $5.16 vs. consensus $4.63 and revenue $4.03B vs. $3.89B; management said stronger pricing and broad demand across end markets drove the beat. This is the main catalyst lifting the stock. RS' Q1 Earnings and Sales Surpass Estimates on Higher Prices
• Positive Sentiment: Q2 guidance raised — Reliance provided EPS guidance of $5.15–$5.35 for Q2 versus the prior consensus ~$5.00, implying continued price/mix strength into the next quarter (supports near-term earnings visibility). Reliance (RS) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Dividend declared — Reliance announced a $1.25 quarterly dividend (record May 22, payable June 5), returning cash to shareholders and supporting income-focused demand. (Yield ~1.4% annualized.)
• Neutral Sentiment: Analyst target updates — Bank of America raised its target to $355 (neutral rating) and JPMorgan raised its target to $345 (neutral). Both moves acknowledge earnings strength but keep a neutral stance, so they are unlikely to materially change sentiment alone. Benzinga TickerReport
• Neutral Sentiment: Transcripts and coverage available — The Q1 earnings and conference call transcripts are published (useful for detail on demand trends, pricing and margin outlook). Earnings Call Transcript Yahoo Markets
• Neutral Sentiment: Be aware of unrelated coverage — some headlines in the feed reference Reliance Industries (RIL), an unrelated Indian company; these items are not material to NYSE:RS. GoodReturns (RIL) FinancialExpress (RIL)

Analysts Set New Price Targets

A number of brokerages have recently commented on RS. BMO Capital Markets lowered shares of Reliance from an "outperform" rating to a "market perform" rating and cut their price objective for the company from $340.00 to $320.00 in a research report on Friday, February 20th. Bank of America lifted their target price on Reliance from $340.00 to $355.00 and gave the stock a "neutral" rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price target on Reliance from $340.00 to $345.00 and gave the company a "neutral" rating in a research note on Friday. Zacks Research raised Reliance from a "strong sell" rating to a "hold" rating in a report on Tuesday, February 3rd. Finally, KeyCorp started coverage on Reliance in a report on Wednesday, March 25th. They set an "overweight" rating and a $341.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Reliance currently has a consensus rating of "Hold" and a consensus price target of $331.83.

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.

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