Reliance (RS) – Research Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Reliance (NYSE: RS) in the last few weeks:

• 3/2/2026 – Reliance had its price target raised by Wells Fargo & Company from $315.00 to $323.00. They now have an “equal weight” rating on the stock.
• 3/1/2026 – Reliance was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/21/2026 – Reliance was upgraded by Wall Street Zen from “hold” to “buy”.
• 2/20/2026 – Reliance was downgraded by BMO Capital Markets from “outperform” to “market perform”. They now have a $320.00 price target on the stock, down from $340.00.
• 2/20/2026 – Reliance had its price target raised by Wells Fargo & Company from $287.00 to $315.00. They now have an “equal weight” rating on the stock.
• 2/20/2026 – Reliance was downgraded by JPMorgan Chase & Co. from “overweight” to “neutral”. They now have a $330.00 price target on the stock, down from $340.00.
• 2/3/2026 – Reliance was upgraded by Zacks Research from “strong sell” to “hold”.
• 1/7/2026 – Reliance had its “overweight” rating reaffirmed by KeyCorp.
• 1/5/2026 – Reliance was downgraded by Zacks Research from “hold” to “strong sell”.

Reliance Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a $1.25 dividend. The ex-dividend date is Friday, March 6th. This is a positive change from Reliance’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a dividend yield of 1.6%. Reliance’s dividend payout ratio (DPR) is presently 35.79%.

Insider Buying and Selling at Reliance

In related news, COO Stephen Paul Koch sold 24,060 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $321.62, for a total transaction of $7,738,177.20. Following the completion of the sale, the chief operating officer owned 14,021 shares in the company, valued at approximately $4,509,434.02. This trade represents a 63.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.35% of the stock is currently owned by company 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.