Rep. Lisa C. McClain Buys Reliance, Inc. (NYSE:RS) Shares

Representative Lisa C. McClain (R-Michigan) recently bought shares of Reliance, Inc. (NYSE:RS). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Reliance stock on June 17th. 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 $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

Reliance Stock Performance

Reliance stock opened at $294.07 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.18 and a quick ratio of 1.51. The company has a fifty day moving average price of $307.99 and a two-hundred day moving average price of $296.35. The company has a market cap of $15.47 billion, a PE ratio of 21.46, a P/E/G ratio of 1.36 and a beta of 0.89. Reliance, Inc. has a 12 month low of $250.07 and a 12 month high of $347.43.

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

Reliance Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be paid a dividend of $1.20 per share. The ex-dividend date is Friday, August 15th. This represents a $4.80 annualized dividend and a yield of 1.6%. Reliance’s dividend payout ratio (DPR) is 35.04%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on RS shares. Wells Fargo & Company upgraded Reliance to a “hold” rating in a research report on Thursday, August 14th. Zacks Research downgraded Reliance from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $323.50.

Institutional Investors Weigh In On Reliance

Hedge funds have recently bought and sold shares of the stock. Merewether Investment Management LP purchased a new position in Reliance during the fourth quarter valued at $9,963,000. GAMMA Investing LLC boosted its stake in shares of Reliance by 17.4% during the 1st quarter. GAMMA Investing LLC now owns 966 shares of the industrial products company’s stock worth $279,000 after acquiring an additional 143 shares during the last quarter. NDVR Inc. grew its holdings in Reliance by 5.8% during the fourth quarter. NDVR Inc. now owns 882 shares of the industrial products company’s stock valued at $237,000 after purchasing an additional 48 shares during the period. SG Americas Securities LLC increased its holdings in Reliance by 567.7% in the 1st quarter. SG Americas Securities LLC now owns 5,629 shares of the industrial products company’s stock worth $1,625,000 after acquiring an additional 4,786 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Reliance by 3.5% in the fourth quarter. BNP Paribas Financial Markets now owns 23,469 shares of the industrial products company’s stock worth $6,319,000 after purchasing an additional 787 shares in the last quarter. 79.26% of the stock is currently owned by institutional investors.

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.