9 Best Aluminum and Aluminum Mining Stocks to Invest In

6. Reliance, Inc. (NYSE:RS)

Number of Hedge Fund Holdings: 41

Banking giant Wells Fargo discussed Reliance, Inc. (NYSE:RS)’s shares on March 2nd. The bank kept an Equal Weight rating on the shares and raised the share price target to $323 from $315. The update came soon after Seaport Global had discussed Reliance, Inc. (NYSE:RS)’s shares. The firm raised the price target to $340 from $315 and kept a Buy rating on the shares. The financial firm pointed out that the metals company had delivered bottom-line growth and carried the potential for shareholder returns.

Reliance, Inc. (NYSE:RS) had reported its earnings report for the fiscal fourth quarter and full year 2025 on February 19th. The firm posted $3.5 billion in revenue for the quarter and $14.2 billion in revenue for the year to mark an 11.9% quarterly jump and a 3.3% yearly jump. JPMorgan lowered Reliance, Inc. (NYSE:RS)’s share price target to $330 from $340 and cut the rating to Neutral from Overweight on February 20th. The firm outlined that the company’s earnings had missed estimates due to margin pressure in its aluminum business.

Reliance, Inc. (NYSE:RS) is a metals distributor with a presence in the construction, manufacturing, aerospace, electronics, and other industries. The firm is headquartered in Phoenix, Arizona.