Keybanc Raises Reliance (RS) Price Target to $437

By TradeTexts Research Desk Oct 26, 2026, 11:15 AM EDT

Key Points

Keybanc increased its price target for Reliance, Inc. from $421 to $437, maintaining an Overweight rating on the stock.
Keybanc's $437 price target implies 4.64% upside from Reliance, Inc.'s ($RS) current $417.63 share price.
As of October 26, 2026, Reliance shares closed at $418.83, trading about 0.3% below the recent price.
The stock's 52-week high is $435.00, meaning it is currently about 4% below that level.

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On October 26, 2026, Keybanc raised its price target on Reliance, Inc. (NYSE: RS) from $421 to $437 while keeping its rating at Overweight. This change reflects the firm's updated outlook on the company's performance. The previous target was set earlier on October 5, 2026, when Keybanc maintained its Overweight rating at $421.

RS Reliance, Inc.

$419.11 +43.16% year to date

Daily close · Oct 26, 2026

Analyst rating track record

Keybanc vs. the S&P 500

YTD return +0.12% hypothetical

All-time return +0.12% S&P 500 +1.53%

vs. S&P 500 -1.41% behind the index

Hypothetical returns from Keybanc's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Reliance, Inc.

Boston Partners increased its holdings in Reliance by 85,913 shares, bringing its total to 2,196,803 shares valued at about $920.1 million. Meanwhile, Franklin Resources, Inc. reduced its stake by 227,261 shares, now holding 832,230 shares worth approximately $348.6 million. Additionally, AllianceBernstein L.P. trimmed its position by 36,746 shares, ending with 722,478 shares valued at about $302.6 million.

Reliance, Inc. Stock Down 0.1%

Reliance shares closed at $418.83 on October 26, 2026. This price is about 0.3% below the recent trading level of $417.63. The stock is currently trading above its 50-day moving average by 4.9% and above its 200-day moving average by 14.2%. However, it is about 4% below its 52-week high of $435.00.

12-month forecast

$RS price target

Reliance, Inc. daily closes and this analyst's $437 target. Not advice.

Recent Earnings

For the trailing twelve months, Reliance reported a revenue of approximately $17.37 billion and an EPS of $21.45. The company has shown a year-over-year revenue growth of 42.8%. Its next earnings report is scheduled for February 17, 2027.

Dividend

Reliance, Inc. offers a dividend rate of $5.00 per share, yielding about 1.2%. The dividend payout ratio stands at 28.5%.

Insider Buying and Selling at Reliance, Inc.

Insider selling has been notable, with Chief Financial Officer Arthur Ajemyan selling 3,500 shares on April 27, 2026, valued at about $1.25 million, and General Counsel William Arthur Smith II selling 2,353 shares on July 28, 2026, worth approximately $974,630. Another sale was by Ajemyan on July 31, 2026, of 2,200 shares for about $902,242, and Director Karen Winifred Colonias sold 1,542 shares on August 26, 2026, valued at around $601,580.

Analysts Set New Price Targets

On October 26, 2026, Keybanc raised its target for Reliance from $421 to $437 while maintaining an Overweight rating. This adjustment comes as part of a series of updates, with other firms like JP Morgan and Barclays also providing their ratings recently. The consensus target price among analysts is approximately $426.89 based on 9 opinions.

About Reliance, Inc.

Reliance, Inc. operates as a diversified metal solutions provider and metals service center company, primarily serving customers in the United States and Canada. The company focuses on delivering high-quality products in the steel industry, which is critical for many sectors.

Bottom Line

Investors should keep an eye on the upcoming earnings report on February 17, 2027, as well as any further analyst updates. Keybanc's recent target adjustment reflects a positive outlook for Reliance, Inc. as it continues to navigate the steel market.