Reliance Steel & Aluminium (RS)

• Market cap: $16.2B
• 1 day: -0.53%
• 5 days: 2.77%
• 1 month: 3.65%
• 3 months: -4.86%
• 6 months: 6.25%
• Year to date: 12.92%
• 1 year: -4.81%
• 5 years: 171.35%
• 10 years: 423.22%
• Sector: Materials
• Industry: Metals Service Centers & Offices

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

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 3 (+2) [Q4]

33% more call options, than puts

Call options by funds: $23.8M | Put options by funds: $17.8M

3.09% more ownership

Funds ownership: 79.01% [Q3] → 82.1% (+3.09%) [Q4]

3% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 67

5% less capital invested

Capital invested by funds: $12.5B [Q3] → $11.9B (-$624M) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 219

4% less funds holding

Funds holding: 577 [Q3] → 556 (-21) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $321 7% upside
• Avg. target: $331 10% upside
• High target: $341 13% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Keybanc Philip Gibbs 60% 1-year accuracy 12 / 20 met price target	7% upside $321	Overweight Maintained	22 Jan 2025
Goldman Sachs Mike Harris 0% 1-year accuracy 0 / 3 met price target	13% upside $341	Neutral Initiated	2 Dec 2024