Representative Lisa C. McClain (R-Michigan) recently sold shares of Reliance, Inc. (NYSE:RS). In a filing disclosed on October 22nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Reliance stock on September 25th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of FMC (NYSE:FMC) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Merit Medical Systems (NASDAQ:MMSI) on 9/25/2025.
- Purchased $1,001 – $15,000 in shares of Darden Restaurants (NYSE:DRI) on 9/25/2025.
- Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 9/25/2025.
- Purchased $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Beacon Financial (NYSE:BBT) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of British American Tobacco (NYSE:BTI) on 9/25/2025.
- Purchased $1,001 – $15,000 in shares of Rollins (NYSE:ROL) on 9/25/2025.
- Purchased $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 9/25/2025.
- Purchased $1,001 – $15,000 in shares of MGP Ingredients (NASDAQ:MGPI) on 9/25/2025.
Reliance Trading Up 1.3%
NYSE:RS opened at $277.33 on Friday. Reliance, Inc. has a twelve month low of $250.07 and a twelve month high of $347.43. The company has a quick ratio of 1.51, a current ratio of 4.43 and a debt-to-equity ratio of 0.19. The business has a 50 day moving average price of $285.30 and a two-hundred day moving average price of $295.76. The company has a market cap of $14.59 billion, a P/E ratio of 20.27, a price-to-earnings-growth ratio of 1.32 and a beta of 0.87.
Reliance Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 21st will be given a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Reliance’s dividend payout ratio is 35.09%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in RS. GAMMA Investing LLC increased its position in 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 buying an additional 143 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Reliance by 20.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,291 shares of the industrial products company’s stock worth $9,902,000 after buying an additional 5,882 shares during the period. Moran Wealth Management LLC increased its position in Reliance by 1,434.0% during the 1st quarter. Moran Wealth Management LLC now owns 43,751 shares of the industrial products company’s stock worth $12,633,000 after buying an additional 40,899 shares during the period. Pure Financial Advisors LLC increased its position in Reliance by 0.5% during the 1st quarter. Pure Financial Advisors LLC now owns 9,328 shares of the industrial products company’s stock worth $2,693,000 after buying an additional 47 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Reliance by 59.2% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 7,134 shares of the industrial products company’s stock worth $2,060,000 after buying an additional 2,652 shares during the period. Institutional investors own 79.26% of the company’s stock.
Wall Street Analysts Forecast Growth
RS has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Reliance in a research report on Wednesday, October 8th. Zacks Research downgraded Reliance from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Wells Fargo & Company cut their price objective on Reliance from $296.00 to $284.00 and set an “equal weight” rating for the company in a report on Friday. JPMorgan Chase & Co. cut their price objective on Reliance from $350.00 to $345.00 and set an “overweight” rating for the company in a report on Monday, October 13th. Finally, BMO Capital Markets cut their price objective on Reliance from $340.00 to $315.00 and set an “outperform” rating for the company in a report on Friday. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $322.40.
Get Our Latest Analysis on Reliance
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.
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