Jacobs Levy Equity Management Inc. reduced its position in shares of Ryerson Holding Corporation (NYSE:RYI - Free Report) by 33.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 363,690 shares of the basic materials company's stock after selling 178,743 shares during the quarter. Jacobs Levy Equity Management Inc. owned about 1.13% of Ryerson worth $8,350,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RYI. Deutsche Bank AG boosted its stake in shares of Ryerson by 74.3% during the 4th quarter. Deutsche Bank AG now owns 29,090 shares of the basic materials company's stock worth $538,000 after acquiring an additional 12,403 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Ryerson by 10.4% during the first quarter. Janney Montgomery Scott LLC now owns 15,927 shares of the basic materials company's stock worth $366,000 after acquiring an additional 1,495 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Ryerson by 2,147.9% during the first quarter. GAMMA Investing LLC now owns 27,896 shares of the basic materials company's stock worth $640,000 after acquiring an additional 26,655 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Ryerson during the first quarter worth $586,000. Finally, SG Americas Securities LLC bought a new position in Ryerson during the first quarter valued at about $286,000. 94.81% of the stock is owned by institutional investors.
Ryerson Stock Down 0.6%
NYSE RYI traded down $0.13 during trading on Friday, hitting $22.48. 179,700 shares of the company traded hands, compared to its average volume of 176,107. Ryerson Holding Corporation has a 12 month low of $17.18 and a 12 month high of $27.41. The business has a fifty day simple moving average of $22.39 and a 200 day simple moving average of $22.25. The company has a current ratio of 2.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $723.86 million, a P/E ratio of -49.96 and a beta of 1.64.
Ryerson (NYSE:RYI - Get Free Report) last posted its earnings results 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 net margin of 0.33% and a negative return on equity of 1.72%. 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. As a group, sell-side analysts predict that Ryerson Holding Corporation will post 1.2 EPS for the current year.
Ryerson Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be paid a $0.1875 dividend. The ex-dividend date is Thursday, September 4th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.3%. Ryerson's payout ratio is presently -166.67%.
Insider Activity at Ryerson
In other news, CAO Molly D. Kannan sold 2,528 shares of Ryerson stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $22.24, for a total value of $56,222.72. Following the transaction, the chief accounting officer directly owned 23,516 shares in the company, valued at approximately $522,995.84. The trade was a 9.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.95% of the company's stock.
Ryerson Company Profile
(
Free Report)
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.
See Also
Before you consider Ryerson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ryerson wasn't on the list.
While Ryerson currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
