<div id="readability-page-1"><p>Harbor Capital Advisors Inc. trimmed its holdings in shares of  Reliance, Inc. (NYSE:RS - Free Report) by 75.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,968 shares of the industrial products company's stock after selling 6,191 shares during the period. Harbor Capital Advisors Inc.'s holdings in Reliance were worth $553,000 at the end of the most recent quarter.</p><ul><li>Trump GLP-1 Pilot Program Could Boost Novo Nordisk &amp; Eli Lilly</li></ul><p>Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AlphaQuest LLC acquired a new stake in  Reliance during the 1st quarter worth about $80,000.  Northwestern Mutual Wealth Management Co. grew its holdings in  Reliance by 50.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,853 shares of the industrial products company's stock worth $824,000 after acquiring an additional 961 shares during the period.  Jump Financial LLC acquired a new stake in  Reliance during the first quarter worth about $200,000.  Lansforsakringar Fondforvaltning AB publ raised its position in  Reliance by 1.1% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 17,822 shares of the industrial products company's stock valued at $5,146,000 after acquiring an additional 196 shares in the last quarter.  Finally, Trexquant Investment LP acquired a new position in  Reliance in the first quarter valued at approximately $3,240,000. Institutional investors and hedge funds own  79.26% of the company's stock. </p><h2>Reliance Stock Performance</h2><p>NYSE:RS opened at $296.35 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.08 and a current ratio of 4.43. The stock has a market capitalization of $15.50 billion, a PE ratio of 21.66, a P/E/G ratio of 1.90 and a beta of 0.92. Reliance, Inc. has a fifty-two week low of $250.07 and a fifty-two week high of $347.43. The company has a fifty day moving average of $280.87 and a two-hundred day moving average of $292.33. </p><ul><li>RSI Stock Soars 22% On Q2 Blowout—Will PENN Match the Momentum?</li></ul><p>Reliance (NYSE:RS - Get Free Report) last released its earnings results on Wednesday, October 22nd. The industrial products company reported $3.64 EPS for the quarter, missing analysts' consensus estimates of $3.68 by ($0.04). Reliance had a return on equity of 10.37% and a net margin of 5.23%.The company had revenue of $3.65 billion for the quarter, compared to analysts' expectations of $3.54 billion. During the same period in the prior year, the firm earned $3.64 EPS. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. Reliance has set its Q4 2025 guidance at 2.650-2.85 EPS.  As a group, research analysts forecast that  Reliance, Inc. will post 16.98 earnings per share for the current fiscal year. </p><h2>Reliance Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 21st were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. Reliance's dividend payout ratio  is presently 35.09%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Waste Management Stock: Tariff Proof, But Overbought?</li></ul><p>A number of equities research analysts have recently commented on RS shares. BMO Capital Markets dropped their price objective on shares of Reliance from $340.00 to $315.00 and set an &#34;outperform&#34; rating on the stock in a research note on Friday, October 24th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Reliance in a report on Monday, December 22nd. Wells Fargo &amp; Company increased their target price on shares of Reliance from $284.00 to $287.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, November 14th. Finally, JPMorgan Chase &amp; Co. dropped their target price on Reliance from $345.00 to $340.00 and set an &#34;overweight&#34; rating on the stock in a research report on Friday, December 5th. Three research analysts have rated the stock with a Buy rating and four have assigned  a Hold rating to the company's stock. Based on data from MarketBeat.com, Reliance  has an average rating of &#34;Hold&#34; and a consensus price target of $317.25.</p><p><b>Check Out Our Latest Analysis on Reliance</b></p><h2>Insider Buying and Selling</h2><p>In related news, COO Stephen Paul Koch sold 3,066 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $283.56, for a total value of $869,394.96. Following the completion of the transaction, the chief operating officer directly owned 14,021 shares of the company's stock, valued at approximately $3,975,794.76. This represents a 17.94% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CEO Karla R. Lewis sold 5,809 shares of the firm's stock in a transaction on Monday, December 1st. The shares were sold at an average price of $283.50, for a total value of $1,646,851.50. Following the completion of the transaction, the chief executive officer owned 84,421 shares in the company, valued at $23,933,353.50. The trade was a 6.44% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.35% of the stock is owned by corporate insiders. </p><h2>Reliance Profile</h2> (Free Report)<p>Reliance Steel &amp; Aluminum Co <span>NYSE: RS<span></span></span> 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.  </p><p>Founded in 1939 in Los Angeles, Reliance Steel &amp; Aluminum has grown through a combination of organic expansion and strategic acquisitions.</p><h2>Read More</h2><ul><li>Five stocks we like better than Reliance</li><li>Do not delete, read immediately</li><li>How the Rich Retire</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>How Long Will $1M Last in Retirement?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><strong>Want to see what other hedge funds are holding RS?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Reliance, Inc. (NYSE:RS - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJT?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJT"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Reliance Right Now?</h2><p>Before you consider Reliance, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Reliance wasn't on the list.</p><p>While Reliance currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Harbor Capital Advisors Inc. reduced its stake in Reliance, Inc. (NYSE:RS) by 75.9% in Q3, holding 1,968 shares after selling 6,191 shares. Other institutional investors also adjusted their positions. Reliance's stock opened at $296.35, with a market cap of $15.50 billion and a PE ratio of 21.66. The company reported Q3 earnings of $3.64 EPS, missing estimates, but revenue increased by 6.8% year-over-year. Reliance announced a quarterly dividend of $1.20 per share. Analysts have mixed ratings on the stock, with an average target price of $317.25.</p>

Reliance, Inc. $RS Shares Sold by Harbor Capital Advisors Inc.