Donald Smith & CO. Inc. Invests $49.04 Million in Ryerson Holding $RYZ

Key Points

• Donald Smith & Co. acquired 1.99 million Ryerson shares worth approximately $49.0 million, giving it a 3.84% stake. Institutional investors and hedge funds collectively own 94.81% of the company.
• Ryerson reported quarterly EPS of $0.52, exceeding the $0.40 consensus estimate, on revenue of $2.01 billion. The company guided for third-quarter 2026 EPS of $0.37–$0.40.
• Ryerson declared a quarterly dividend of $0.1875, or $0.75 annually, representing a 3.0% yield. Despite the earnings beat, analysts maintain a consensus “Sell” rating, while insiders sold approximately $443,000 of stock over the past 90 days.

Donald Smith & CO. Inc. acquired a new position in shares of Ryerson Holding (NYSE:RYZ - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,992,517 shares of the company's stock, valued at approximately $49,036,000. Donald Smith & CO. Inc. owned about 3.84% of Ryerson as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. State of Wyoming bought a new position in Ryerson in the second quarter valued at about $185,000. NFJ Investment Group LLC bought a new position in shares of Ryerson in the second quarter worth about $219,000. Great Lakes Advisors LLC acquired a new stake in shares of Ryerson in the 2nd quarter valued at approximately $589,000. Deutsche Bank AG acquired a new stake in shares of Ryerson in the 2nd quarter valued at approximately $1,273,000. Finally, Robotti Robert bought a new stake in shares of Ryerson during the 2nd quarter valued at approximately $9,102,000. 94.81% of the stock is owned by institutional investors and hedge funds.

Ryerson Price Performance

NYSE:RYZ opened at $25.22 on Friday. Ryerson Holding has a one year low of $19.34 and a one year high of $32.00. The company has a current ratio of 2.21, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73. The firm has a market cap of $1.31 billion, a P/E ratio of -20.34 and a beta of 1.65. The stock's 50 day simple moving average is $27.56.

Ryerson (NYSE:RYZ - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.12. The firm had revenue of $2.01 billion during the quarter. Ryerson had a negative net margin of 0.56% and a negative return on equity of 0.62%. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. Equities research analysts expect that Ryerson Holding will post 1.1 EPS for the current year.

Ryerson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Thursday, September 3rd. Ryerson's dividend payout ratio is presently -60.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on RYZ shares. Wall Street Zen upgraded shares of Ryerson from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Weiss Ratings restated a "sell (d+)" rating on shares of Ryerson in a research report on Thursday, June 18th. Finally, Zacks Research cut shares of Ryerson from a "hold" rating to a "strong sell" rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Sell".

Insiders Place Their Bets

In other Ryerson news, EVP Mark S. Silver sold 11,174 shares of Ryerson stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $27.91, for a total transaction of $311,866.34. Following the transaction, the executive vice president directly owned 120,181 shares of the company's stock, valued at approximately $3,354,251.71. The trade was a 8.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Molly D. Kannan sold 1,000 shares of the company's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $30.00, for a total value of $30,000.00. Following the completion of the sale, the chief accounting officer owned 24,636 shares in the company, valued at $739,080. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,674 shares of company stock valued at $443,126 over the last 90 days. 6.58% of the stock is currently owned by company insiders.

About Ryerson

Ryerson NYSE: RYZ is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.

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