Reliance Steel Ownership
| RS Stock | USD 290.62 1.51 0.52% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 59.1 M | Current Value 58.1 M | Avarage Shares Outstanding 63.9 M | Quarterly Volatility 12.3 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Reliance |
Reliance Stock Ownership Analysis
About 81.0% of the company shares are owned by institutional investors. The book value of Reliance Steel was at this time reported as 134.84. The company has Price/Earnings To Growth (PEG) ratio of 1.2. Reliance Steel Aluminum recorded earning per share (EPS) of 22.64. The entity last dividend was issued on the 7th of March 2024. The firm had 2:1 split on the 20th of July 2006. Reliance Steel Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 13700 people. To find out more about Reliance Steel Aluminum contact Gregg Mollins at 480 564 5700 or learn more at https://www.rsac.com.Besides selling stocks to institutional investors, Reliance Steel also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Reliance Steel's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Reliance Steel's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Reliance Steel Quarterly Liabilities And Stockholders Equity |
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Reliance Steel Insider Trades History
Less than 1% of Reliance Steel Aluminum are currently held by insiders. Unlike Reliance Steel's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Reliance Steel's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Reliance Steel's insider trades
Reliance Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Reliance Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Reliance Steel Aluminum backward and forwards among themselves. Reliance Steel's institutional investor refers to the entity that pools money to purchase Reliance Steel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2023-12-31 | 813.6 K | Lsv Asset Management | 2023-12-31 | 772 K | Norges Bank | 2023-12-31 | 667.5 K | Lord, Abbett & Co Llc | 2023-12-31 | 633.7 K | Northern Trust Corp | 2023-12-31 | 631.2 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 621.9 K | Bank Of New York Mellon Corp | 2023-12-31 | 582.8 K | Pacer Advisors, Inc. | 2023-12-31 | 536.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 514.4 K | Vanguard Group Inc | 2023-12-31 | 7 M | Blackrock Inc | 2023-12-31 | 6.3 M |
Reliance Steel Aluminum Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Reliance Steel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Reliance Steel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Reliance Steel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Arthur Ajemyan over a month ago Acquisition by Arthur Ajemyan of 11 shares of Reliance Steel subject to Rule 16b-3 | ||
Leslie Waite over a year ago Sale by Leslie Waite of 900 shares of Reliance Steel |
Reliance Steel Outstanding Bonds
Reliance Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Reliance Steel Aluminum uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Reliance bonds can be classified according to their maturity, which is the date when Reliance Steel Aluminum has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| RELIANCE STL ALUM Corp BondUS759509AB87 | View | |
| US759509AG74 Corp BondUS759509AG74 | View | |
| US759509AF91 Corp BondUS759509AF91 | View |
Reliance Steel Corporate Filings
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 3rd of April 2024 Other Reports | ViewVerify | |
F4 | 6th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 29th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Currently Active Assets on Macroaxis
When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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Is Reliance Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Steel. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 4 | Earnings Share 22.64 | Revenue Per Share 253.839 | Quarterly Revenue Growth (0.08) |
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.