Recent Analysts’ Ratings Updates for Reliance (RS)

A number of research firms have changed their ratings and price targets for Reliance (NYSE: RS):

• 5/4/2026 – Reliance was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 4/30/2026 – Reliance was downgraded by Bank of America Corporation from “neutral” to “underperform”. They now have a $365.00 price target on the stock.
• 4/28/2026 – Reliance had its price target raised by Seaport Research Partners from $340.00 to $390.00. They now have a “buy” rating on the stock.
• 4/27/2026 – Reliance had its price target raised by KeyCorp from $341.00 to $378.00. They now have an “overweight” rating on the stock.
• 4/27/2026 – Reliance had its price target raised by BMO Capital Markets from $320.00 to $350.00. They now have a “market perform” rating on the stock.
• 4/24/2026 – Reliance had its price target raised by JPMorgan Chase & Co. from $340.00 to $345.00. They now have a “neutral” rating on the stock.
• 4/23/2026 – Reliance had its price target raised by Bank of America Corporation from $340.00 to $355.00. They now have a “neutral” rating on the stock.
• 4/15/2026 – Reliance had its price target raised by Wells Fargo & Company from $323.00 to $330.00. They now have an “equal weight” rating 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.

Reliance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors 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 1.3%. The ex-dividend date of this dividend is Friday, May 22nd. Reliance’s dividend payout ratio (DPR) is presently 32.62%.

Insider Buying and Selling at Reliance

In other Reliance news, COO Stephen Paul Koch sold 24,060 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $321.62, for a total transaction of $7,738,177.20. Following the transaction, the chief operating officer directly owned 14,021 shares in the company, valued at $4,509,434.02. This represents a 63.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP William A. Smith II sold 6,615 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $298.61, for a total transaction of $1,975,305.15. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 34,175 shares of company stock worth $10,966,902 in the last ninety days. 0.40% of the stock is owned by 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.