Brandywine Global Investment Management LLC Buys Shares of 115,950 Ryerson Holding Corporation $RYI

Key Points

• Brandywine Global Investment Management LLC acquired a new stake in Ryerson Holding Corporation, purchasing 115,950 shares valued at approximately $2.66 million, equating to 0.36% ownership.
• Ryerson Holding recently declared a quarterly dividend of $0.1875 per share, representing an annualized yield of 3.4%, with an ex-dividend date set for September 4th.
• The company reported a negative EPS of $0.08 for the last quarter, missing analysts' expectations, and had a negative net margin of 0.33% along with a market capitalization of $705.45 million.

Brandywine Global Investment Management LLC purchased a new position in shares of Ryerson Holding Corporation (NYSE:RYI - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 115,950 shares of the basic materials company's stock, valued at approximately $2,662,000. Brandywine Global Investment Management LLC owned 0.36% of Ryerson at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its stake in Ryerson by 488.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,688 shares of the basic materials company's stock worth $68,000 after purchasing an additional 3,061 shares during the period. Brevan Howard Capital Management LP purchased a new position in Ryerson during the 4th quarter worth $196,000. SG Americas Securities LLC purchased a new position in Ryerson during the 1st quarter worth $286,000. Price T Rowe Associates Inc. MD raised its position in Ryerson by 11.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,455 shares of the basic materials company's stock worth $305,000 after buying an additional 1,734 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Ryerson by 19.5% during the 4th quarter. Wells Fargo & Company MN now owns 16,821 shares of the basic materials company's stock worth $311,000 after buying an additional 2,749 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company's stock.

Ryerson Stock Performance

Ryerson stock traded up $1.0560 during trading hours on Friday, reaching $22.8260. 193,478 shares of the stock were exchanged, compared to its average volume of 241,985. The firm's 50 day moving average is $21.99 and its 200 day moving average is $22.30. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.00 and a current ratio of 2.03. The stock has a market cap of $735.00 million, a P/E ratio of -50.72 and a beta of 1.56. Ryerson Holding Corporation has a 52-week low of $17.18 and a 52-week high of $27.41.

Ryerson (NYSE:RYI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.09). The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.17 billion. Ryerson had a negative net margin of 0.33% and a negative return on equity of 1.72%. Ryerson has set its Q3 2025 guidance at 0.000-0.060 EPS. Analysts predict that Ryerson Holding Corporation will post 1.2 EPS for the current fiscal year.

Ryerson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Thursday, September 4th. Ryerson's dividend payout ratio (DPR) is currently -166.67%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Ryerson from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $25.00.

Insider Activity

In other news, CAO Molly D. Kannan sold 2,528 shares of the stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $22.24, for a total value of $56,222.72. Following the completion of the transaction, the chief accounting officer owned 23,516 shares in the company, valued at $522,995.84. This trade represents a 9.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.95% of the stock is owned by corporate insiders.

Ryerson Company Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.