Reliance Inc. (RS) Stock Rises on Q1 2026 Earnings

Reliance Inc. (RS) — Q1 2026 results at a glance:

Total revenues: $4.03 billion (up 15.5% year-over-year).

Gross profit: $1.17 billion (up 13.4% year-over-year).

Operating profit: $367.9 million (up 34.1% year-over-year).

Net income attributable to common shareholders: $264.9 million (up 32.7% year-over-year).

Diluted earnings per share: 5.10 (up 36.4% year-over-year).

Cash flow and capital spending:

Cash from operating activities: $151.4 million (up 134.7% year-over-year).

Purchases of property, plant and equipment: $64.2 million (down 26.1% year-over-year).

Cash and cash equivalents on the balance sheet: $249.7 million (down 10.1% year-over-year).

Balance sheet and cost trends:

Cost of sales: $2.85 billion (up 16.4% year-over-year).

Total liabilities: $3.68 billion (up 13.1% year-over-year).

Market reaction:

Shares changed by 2.03% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Reliance Inc. Insider Trading Activity

Reliance Inc. insiders have traded $RS stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $RS stock by insiders over the last 6 months:

STEPHEN PAUL KOCH (Exec. VP, COO) has made 0 purchases and 6 sales selling 27,126 shares for an estimated $8,607,661.
WILLIAM A II SMITH (SVP, General Counsel, Corp Sec) has made 0 purchases and 2 sales selling 6,615 shares for an estimated $1,975,325.
KARLA R LEWIS (President, CEO) has made 0 purchases and 2 sales selling 5,809 shares for an estimated $1,646,831.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Reliance Inc. Hedge Fund Activity

We have seen 264 institutional investors add shares of Reliance Inc. stock to their portfolio, and 321 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,453,585 shares (-78.2%) from their portfolio in Q4 2025, for an estimated $419,897,098
HOLOCENE ADVISORS, LP added 381,565 shares (+2251.5%) to their portfolio in Q4 2025, for an estimated $110,222,681
JANE STREET GROUP, LLC removed 318,373 shares (-75.4%) from their portfolio in Q4 2025, for an estimated $91,968,408
CORIENT PRIVATE WEALTH LLC added 311,276 shares (+1018.9%) to their portfolio in Q4 2025, for an estimated $89,918,298
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 271,646 shares (-57.1%) from their portfolio in Q4 2025, for an estimated $78,470,380
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 268,139 shares (+4419.6%) to their portfolio in Q4 2025, for an estimated $77,457,312
PACER ADVISORS, INC. removed 190,950 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $55,159,726

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Reliance Inc. Price Targets

Multiple analysts have issued price targets for $RS recently. We have seen 4 analysts offer price targets for $RS in the last 6 months, with a median target of $335.0.

Here are some recent targets:

Timna Tanners from Wells Fargo set a target price of $330.0 on 04/16/2026
Bennett Moore from JP Morgan set a target price of $340.0 on 04/14/2026
Samuel McKinney from Keybanc set a target price of $341.0 on 03/25/2026
Katja Jancic from BMO Capital set a target price of $320.0 on 02/20/2026