Reliance (NYSE:RS) Stock Acquired Rep. Lisa C. McClain

Key Points

• Rep. Lisa C. McClain recently purchased between $1,001 and $15,000 worth of Reliance, Inc. (NYSE:RS) stock on August 4th, as disclosed in a filing.
• Reliance, Inc. reported $4.43 earnings per share for the last quarter, missing estimates, and set a guidance of 3.600-3.800 EPS for Q3 2025.
• The company recently declared a $1.20 per share quarterly dividend, yielding 1.7%, with a payout ratio of 35.04%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Reliance, Inc. NYSE: RS. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Reliance stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Reliance Price Performance

Shares of Reliance stock traded up $0.39 during mid-day trading on Friday, reaching $287.99. 918,692 shares of the stock traded hands, compared to its average volume of 249,475. The business has a 50-day moving average of $298.18 and a 200 day moving average of $296.35. Reliance, Inc. has a fifty-two week low of $250.07 and a fifty-two week high of $347.43. The stock has a market capitalization of $15.15 billion, a PE ratio of 21.02, a PEG ratio of 1.37 and a beta of 0.89. The company has a quick ratio of 1.51, a current ratio of 3.18 and a debt-to-equity ratio of 0.14.

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

Reliance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.7%. Reliance's dividend payout ratio is presently 35.04%.

Analysts Set New Price Targets

RS has been the topic of a number of research reports. Wells Fargo & Company upgraded Reliance to a "hold" rating in a research note on Thursday, August 14th. JPMorgan Chase & Co. initiated coverage on Reliance in a research note on Tuesday, September 9th. They set an "overweight" rating and a $350.00 price target on the stock. Finally, Zacks Research cut Reliance from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 13th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, Reliance presently has an average rating of "Hold" and a consensus target price of $328.80.

Hedge Funds Weigh In On Reliance

Hedge funds have recently made changes to their positions in the company. TCTC Holdings LLC grew its holdings in shares of Reliance by 138.9% during the first quarter. TCTC Holdings LLC now owns 86 shares of the industrial products company's stock worth $25,000 after purchasing an additional 50 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of Reliance by 417.6% during the second quarter. Private Trust Co. NA now owns 88 shares of the industrial products company's stock worth $28,000 after purchasing an additional 71 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Reliance during the first quarter worth about $29,000. Wayfinding Financial LLC purchased a new position in shares of Reliance during the first quarter worth about $30,000. Finally, Allworth Financial LP grew its holdings in shares of Reliance by 46.3% during the second quarter. Allworth Financial LP now owns 139 shares of the industrial products company's stock worth $44,000 after purchasing an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 79.26% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Reliance

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.