RS

In the past six months, Reliance, Inc.'s stock price has rallied 29.36% and 33% year-to-date, with a 34.34% increase over the last 12 months, driven by strong demand, strategic acquisitions, and consistent shareholder returns. Robust demand from non-residential construction, including data centers, energy and public infrastructure, and the Department of Homeland Security border wall project, has significantly driven performance. Strong Q2 2026 financial results included net sales of $4.63 billion (up 26.5% year-over-year) and diluted EPS of $6.29, surpassing analyst expectations. Solid Q1 2026 results showed net sales of $4.03 billion and non-GAAP diluted EPS of $5.16, a 37% year-over-year increase. Shareholder returns included $3.4 billion in common stock repurchases since 2021 and a 4.2% increase in the quarterly dividend to $1.25 per share. The company announced participation in the 2026 Jefferies Global Industrials Conference in September 2026. A director sold 1,542 shares of stock in August 2026. Reliance's shares experienced a pullback in September 2026, reflecting broader steel sector weakness after peers issued lower-than-expected Q3 2026 guidance.