BlackRock Inc. Acquires New Holdings in REalloys Inc $ALOY

Key Points

• BlackRock acquired 4.23 million shares of REalloys in the second quarter, valued at approximately $61.1 million and representing a 6.15% stake. Other institutions also initiated or increased positions, though institutional ownership remains relatively low at 3.58%.
• REalloys reported a quarterly loss of $0.59 per share on $0.80 million in revenue, alongside deeply negative profitability metrics, including a 192.93% negative return on equity and a 5,145.12% negative net margin.
• Shares opened at $10.40, below the analyst consensus price target of $16.00. Analyst sentiment is mixed—rated “Moderate Buy” overall—with one Strong Buy, one Buy, and one Sell rating.

BlackRock Inc. purchased a new stake in REalloys Inc (NASDAQ:ALOY - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,227,605 shares of the company's stock, valued at approximately $61,089,000. BlackRock Inc. owned 6.15% of REalloys as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ALOY. State of Wyoming bought a new stake in REalloys during the 2nd quarter valued at approximately $47,000. Corient Private Wealth LLC bought a new position in REalloys in the 2nd quarter worth approximately $62,000. Geode Capital Management LLC increased its position in REalloys by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company's stock worth $213,000 after buying an additional 1,422 shares during the period. Deutsche Bank AG acquired a new position in shares of REalloys during the second quarter worth approximately $818,000. Finally, Franklin Resources Inc. acquired a new position in shares of REalloys during the fourth quarter worth approximately $741,000. Institutional investors own 3.58% of the company's stock.

REalloys Stock Performance

ALOY opened at $10.40 on Monday. The firm has a market cap of $717.50 million, a price-to-earnings ratio of -3.29 and a beta of 1.36. The firm's 50-day simple moving average is $11.78 and its 200-day simple moving average is $11.99. REalloys Inc has a twelve month low of $5.92 and a twelve month high of $26.90.

REalloys (NASDAQ:ALOY - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.59) EPS for the quarter. The business had revenue of $0.80 million for the quarter. REalloys had a negative return on equity of 192.93% and a negative net margin of 5,145.12%.

Analyst Upgrades and Downgrades

ALOY has been the subject of a number of research reports. Wall Street Zen downgraded shares of REalloys from a "hold" rating to a "sell" rating in a report on Saturday, August 22nd. Needham & Company LLC cut their price objective on shares of REalloys from $19.00 to $16.00 and set a "buy" rating for the company in a research report on Wednesday, July 22nd. Finally, Weiss Ratings upgraded shares of REalloys from a "sell (e)" rating to a "sell (d-)" rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, REalloys has an average rating of "Moderate Buy" and a consensus price target of $16.00.

REalloys Company Profile

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.

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