Investment Analysts’ Recent Ratings Updates for Reliance (RS)

Reliance (NYSE: RS) recently received a number of ratings updates from brokerages and research firms:

• 8/31/2026 – Reliance was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/24/2026 – Reliance had its price target lowered by Wells Fargo & Company from $398.00 to $391.00. They now have an “equal weight” rating on the stock.
• 8/23/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 8/15/2026 – Reliance was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/13/2026 – Reliance had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 8/3/2026 – Reliance was upgraded by Zacks Research from “hold” to “strong-buy”.
• 8/1/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 7/29/2026 – Reliance had its “neutral” rating reaffirmed by Citigroup Inc..
• 7/27/2026 – Reliance had its price target raised by BMO Capital Markets from $390.00 to $415.00. They now have a “market perform” rating on the stock.
• 7/23/2026 – Reliance had its price target raised by Wells Fargo & Company from $372.00 to $398.00. They now have an “equal weight” rating on the stock.
• 7/15/2026 – Reliance had its price target lowered by JPMorgan Chase & Co. from $378.00 to $376.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Reliance had its price target lowered by Wells Fargo & Company from $376.00 to $372.00. They now have an “equal weight” rating on the stock.

Reliance Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Reliance’s dividend payout ratio is presently 29.07%.

Insider Activity

In related news, CFO Arthur Ajemyan sold 2,200 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $410.11, for a total transaction of $902,242.00. Following the transaction, the chief financial officer owned 14,640 shares of the company’s stock, valued at $6,004,010.40. This trade represents a 13.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP William A. Smith II sold 2,353 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $414.21, for a total value of $974,636.13. Following the completion of the transaction, the senior vice president owned 19,394 shares in the company, valued at $8,033,188.74. This trade represents a 10.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by corporate 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.