Zacks Research lowered shares of Reliance from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. The industrial products company reported $4.43 earnings per share for the quarter, missing analysts’ consensus estimates of $4.72 by ($0.29). Advisory Services LLC purchased a new stake in shares of Reliance in the 1st quarter valued at approximately $29,000. Wayfinding Financial LLC purchased a new stake in shares of Reliance in the 1st quarter valued at approximately $30,000. Reliance Company Profile(Get Free Report)Reliance, Inc operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally.