Charles Schwab Investment Management Inc. Increases Position in Ryerson Holding Corporation $RYI

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Ryerson Holding Corporation by 17.4%, now owning 1,190,988 shares valued at approximately $27.35 million.
• Ryerson's recent earnings report showed an EPS of $0.08, missing analyst estimates of $0.17, while the company also announced a quarterly dividend of $0.1875.
• Analysts have downgraded Ryerson's stock rating from "buy" to "hold," with a current consensus price target of $25.00.

Charles Schwab Investment Management Inc. lifted its position in Ryerson Holding Corporation (NYSE:RYI - Free Report) by 17.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,190,988 shares of the basic materials company's stock after purchasing an additional 176,878 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.70% of Ryerson worth $27,345,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its holdings in shares of Ryerson by 488.2% in the fourth 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 last quarter. Brevan Howard Capital Management LP bought a new stake in shares of Ryerson in the fourth quarter worth about $196,000. SG Americas Securities LLC bought a new stake in shares of Ryerson in the first quarter worth about $286,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Ryerson by 11.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,455 shares of the basic materials company's stock worth $305,000 after purchasing an additional 1,734 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in Ryerson by 19.5% during the fourth quarter. Wells Fargo & Company MN now owns 16,821 shares of the basic materials company's stock worth $311,000 after acquiring an additional 2,749 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

Insider Activity

In other Ryerson news, CAO Molly D. Kannan sold 2,528 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $22.24, for a total transaction 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. The trade was a 9.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.95% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

Ryerson Trading Up 0.7%

NYSE RYI traded up $0.16 during trading hours on Monday, hitting $22.96. 175,060 shares of the company were exchanged, compared to its average volume of 241,985. The stock has a 50-day moving average price of $22.04 and a 200 day moving average price of $22.31. The company has a quick ratio of 1.00, a current ratio of 2.03 and a debt-to-equity ratio of 0.62. Ryerson Holding Corporation has a 52 week low of $17.18 and a 52 week high of $27.41. The stock has a market cap of $739.31 million, a PE ratio of -51.02 and a beta of 1.56.

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

Ryerson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Thursday, September 4th. Ryerson's payout ratio is -166.67%.

Ryerson 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.