Reliance Steel & AluminiumRS
RS
$272.69
0.27%
Market Cap: $15B
About: Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
Employees: 15,500
0
Funds holding %
of 6,686 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
77% more call options, than puts
Call options by funds: $40M | Put options by funds: $22.6M
0.75% less ownership
Funds ownership: 79.12% [Q1] → 78.37% (-0.75%) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 227
5% less funds holding
Funds holding: 595 [Q1] → 566 (-29) [Q2]
15% less capital invested
Capital invested by funds: $15.2B [Q1] → $12.9B (-$2.3B) [Q2]
33% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 87
67% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$325
19%
upside
Avg. target
$330
21%
upside
High target
$335
23%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keybanc Philip Gibbs 63% 1-year accuracy 15 / 24 met price target | 19%upside $325 | Overweight Maintained | 3 Jul 2024 |
B of A Securities Timna Tanners 86% 1-year accuracy 6 / 7 met price target | 23%upside $335 | Neutral Maintained | 26 Jun 2024 |