• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Reliance Inc.

    11/14/24 1:22:38 PM ET
    $RS
    Metal Fabrications
    Industrials
    Get the next $RS alert in real time by email
    SC 13G 1 rs13gsep24.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) RELIANCE INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 759509102 (CUSIP NUMBER) September 30, 2024 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. ROWE PRICE ASSOCIATES, INC. 52-0556948 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 3,141,838 6. Shared Voting Power* 0 7. Sole Dispositive Power* 3,390,161 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,388,761 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 6.2% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: RELIANCE INC Item 1(b) Address of Issuer's Principal Executive Offices: 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE, AZ 85254 Item 2(a) Name of Person(s) Filing: (1) T. ROWE PRICE ASSOCIATES, INC. (Price Associates) Item 2(b) Address of Principal Business Office: 100 E. Pratt Street, Baltimore, MD 21202 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 759509102 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. ROWE PRICE ASSOCIATES, INC. Date: November 14, 2024 Signature: /s/ Ellen York Name & Title: Ellen York, Vice President 09/30/2024
    Get the next $RS alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $RS

    DatePrice TargetRatingAnalyst
    1/8/2025Underperform → Peer Perform
    Wolfe Research
    12/2/2024$341.00Neutral
    Goldman
    7/26/2024$262.00Peer Perform → Underperform
    Wolfe Research
    4/11/2024$380.00Buy → Neutral
    Citigroup
    4/28/2023Outperform → Peer Perform
    Wolfe Research
    1/4/2023$231.00Neutral
    BofA Securities
    10/6/2022$218.00 → $201.00Buy → Neutral
    Goldman
    8/15/2022$230.00Outperform
    BMO Capital Markets
    More analyst ratings

    $RS
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Reliance, Inc. Reports First Quarter 2025 Financial Results

      -- Net sales of $3.48 billion with record tons sold, up 9.0% year-over-year (same-store tons sold up 5.6%) -- Strong gross profit margin of 29.7% -- EPS of $3.74; non-GAAP EPS of $3.77 -- Repurchased $253.2 million of common stock SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today reported its financial results for the first quarter ended March 31, 2025. (in millions, except tons sold which are in thousands, per ton and per share amounts)                    Sequential Quarter    Year-Over-Year Q1 2025* Q4 2024 % Change Q1 2024 % ChangeIncome Statement Data:            Net sales$3,484.7  $3,126.6  11.5% $3,644.8  (4.4%)Gross profit1$1,033.3  $886.1  16.6%

      4/23/25 4:05:00 PM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance, Inc. to Announce First Quarter 2025 Results on Wednesday, April 23rd

      SCOTTSDALE, Ariz., April 09, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2025 financial results for the period ended March 31, 2025, on Wednesday, April 23, 2025, after the market closes. Reliance management will host a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com. Reliance, Inc. First Quarter 2025 Conference Call Details  DATE:Thursday, April 24, 2025  TIME:8:00 a.m. Pacific Time10:00 a.m. Central Time11:00 a.m. Eastern Time  DIAL-IN:(877) 407-0792 (U.S. and Canada)(201) 689-8263 (Inte

      4/9/25 6:50:00 AM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

      - Third highest annual cash flow from operations of $1.43 billion - Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% - Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) - Strong annual gross profit margin of 29.7% - Annual EPS of $15.56; non-GAAP EPS of $15.92 - Completed four acquisitions in 2024 - Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) - Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today reported its financial results for the fourth

      2/19/25 4:05:00 PM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Reliance, Inc. upgraded by Wolfe Research

      Wolfe Research upgraded Reliance, Inc. from Underperform to Peer Perform

      1/8/25 8:26:24 AM ET
      $RS
      Metal Fabrications
      Industrials
    • Goldman initiated coverage on Reliance, Inc. with a new price target

      Goldman initiated coverage of Reliance, Inc. with a rating of Neutral and set a new price target of $341.00

      12/2/24 8:18:40 AM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance, Inc. downgraded by Wolfe Research with a new price target

      Wolfe Research downgraded Reliance, Inc. from Peer Perform to Underperform and set a new price target of $262.00

      7/26/24 7:44:23 AM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    SEC Filings

    See more
    • SEC Form SD filed by Reliance Inc.

      SD - RELIANCE, INC. (0000861884) (Filer)

      5/19/25 11:24:32 AM ET
      $RS
      Metal Fabrications
      Industrials
    • SEC Form 10-Q filed by Reliance Inc.

      10-Q - RELIANCE, INC. (0000861884) (Filer)

      5/1/25 4:10:42 PM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - RELIANCE, INC. (0000861884) (Filer)

      4/23/25 4:10:09 PM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    FDA approvals

    Live FDA approvals issued by the Food and Drug Administration and FDA breaking news

    See more
    • September 24, 2024 - FDA Roundup: September 24, 2024

      For Immediate Release: September 24, 2024 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:  Today, the FDA held a ribbon-cutting ceremony to highlight the completion of the 64,000 square foot expansion and renovation of the National Forensic Chemistry Center (NFCC)  located in Cincinnati, Ohio.  The goal of this revitalization effort was to impro

      9/24/24 4:08:17 PM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    Leadership Updates

    Live Leadership Updates

    See more
    • Reliance, Inc. Announces Appointment of James K. Kamsickas to Board of Directors and Douglas W. Stotlar as Chairman of the Board

      SCOTTSDALE, Ariz., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today announced the appointment of James K. Kamsickas, 57, to serve as an independent director. Mr. Kamsickas' term took effect on October 1, 2024 and will expire at the Company's 2025 Annual Meeting of Stockholders. Following the appointment of Mr. Kamsickas, Reliance's Board will be comprised of nine members, eight of whom are independent. "We are very excited to welcome Jim to Reliance's Board of Directors and look forward to his contributions as we continue to execute Reliance's strategy and generate industry-leading results," said Mark Kaminski, Chairman of Reliance's Board of Directors. "Jim's strategic le

      10/2/24 6:50:00 AM ET
      $DAN
      $RS
      Auto Parts:O.E.M.
      Consumer Discretionary
      Metal Fabrications
      Industrials
    • Reliance Steel & Aluminum Co. Announces Appointment of Frank J. Dellaquila to Board of Directors

      LOS ANGELES, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) today announced the appointment of Frank J. Dellaquila, 64, to serve as an independent director. Mr. Dellaquila's term took effect on October 5, 2021 and will expire at the 2022 Annual Meeting of Stockholders. Mr. Dellaquila will serve on Reliance's Audit Committee and the Board has designated him as an audit committee financial expert. Following the appointment of Mr. Dellaquila, Reliance's Board will be comprised of 12 members, 10 of whom are independent. "We are very excited to welcome Frank to Reliance's Board of Directors and look forward to his contributions as we continue to execute Reliance's

      10/6/21 6:50:00 AM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance Steel & Aluminum Co. Announces Director Succession and Leadership Promotions

      − Karla Lewis appointed to Board of Directors and promoted to President− Arthur Ajemyan promoted to Vice President, Chief Financial Officer− David Hannah retiring from Board of Directors at 2021 Annual Meeting of Stockholders LOS ANGELES, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that Karla R. Lewis has been promoted to President and appointed to the Company’s Board of Directors consistent with the Board’s executive leadership succession plan. Mark Kaminski, Chairman of the Board of Reliance, commented, “The promotion of Karla Lewis to President as well as her appointment to the Board marks another important step in the Reliance Board

      1/18/21 6:50:00 AM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Reliance Inc.

      SC 13G - RELIANCE, INC. (0000861884) (Subject)

      11/14/24 1:22:38 PM ET
      $RS
      Metal Fabrications
      Industrials
    • SEC Form SC 13G/A filed by Reliance Steel & Aluminum Co. (Amendment)

      SC 13G/A - RELIANCE, INC. (0000861884) (Subject)

      2/13/24 5:13:54 PM ET
      $RS
      Metal Fabrications
      Industrials
    • SEC Form SC 13G/A filed by Reliance Steel & Aluminum Co. (Amendment)

      SC 13G/A - RELIANCE STEEL & ALUMINUM CO (0000861884) (Subject)

      2/9/23 11:30:24 AM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Mcevoy Robert Ambrose was granted 567 shares, increasing direct ownership by 3% to 22,814 units (SEC Form 4)

      4 - RELIANCE, INC. (0000861884) (Issuer)

      5/22/25 5:57:44 PM ET
      $RS
      Metal Fabrications
      Industrials
    • Director Baldwin Lisa was granted 567 shares, increasing direct ownership by 14% to 4,659 units (SEC Form 4)

      4 - RELIANCE, INC. (0000861884) (Issuer)

      5/22/25 5:57:19 PM ET
      $RS
      Metal Fabrications
      Industrials
    • Director Colonias Karen Winifred was granted 567 shares (SEC Form 4)

      4 - RELIANCE, INC. (0000861884) (Issuer)

      5/22/25 5:56:38 PM ET
      $RS
      Metal Fabrications
      Industrials

    $RS
    Financials

    Live finance-specific insights

    See more
    • Reliance, Inc. Reports First Quarter 2025 Financial Results

      -- Net sales of $3.48 billion with record tons sold, up 9.0% year-over-year (same-store tons sold up 5.6%) -- Strong gross profit margin of 29.7% -- EPS of $3.74; non-GAAP EPS of $3.77 -- Repurchased $253.2 million of common stock SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today reported its financial results for the first quarter ended March 31, 2025. (in millions, except tons sold which are in thousands, per ton and per share amounts)                    Sequential Quarter    Year-Over-Year Q1 2025* Q4 2024 % Change Q1 2024 % ChangeIncome Statement Data:            Net sales$3,484.7  $3,126.6  11.5% $3,644.8  (4.4%)Gross profit1$1,033.3  $886.1  16.6%

      4/23/25 4:05:00 PM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance, Inc. to Announce First Quarter 2025 Results on Wednesday, April 23rd

      SCOTTSDALE, Ariz., April 09, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2025 financial results for the period ended March 31, 2025, on Wednesday, April 23, 2025, after the market closes. Reliance management will host a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com. Reliance, Inc. First Quarter 2025 Conference Call Details  DATE:Thursday, April 24, 2025  TIME:8:00 a.m. Pacific Time10:00 a.m. Central Time11:00 a.m. Eastern Time  DIAL-IN:(877) 407-0792 (U.S. and Canada)(201) 689-8263 (Inte

      4/9/25 6:50:00 AM ET
      $RS
      Metal Fabrications
      Industrials
    • Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

      - Third highest annual cash flow from operations of $1.43 billion - Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% - Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) - Strong annual gross profit margin of 29.7% - Annual EPS of $15.56; non-GAAP EPS of $15.92 - Completed four acquisitions in 2024 - Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) - Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today reported its financial results for the fourth

      2/19/25 4:05:00 PM ET
      $RS
      Metal Fabrications
      Industrials