James Investment Research Inc. Invests $1.32 Million in Steel Dynamics, Inc. $STLD

Key Points

• James Investment Research Inc. bought a new position of 7,787 shares in Steel Dynamics (NASDAQ:STLD) valued at approximately $1.32 million during the fourth quarter.
• Steel Dynamics reported Q1 EPS of $2.78 (missed by $0.01) and revenue of $5.20 billion (+19.1% YoY) that came in below estimates, yet multiple analysts raised price targets and issued bullish notes.
• The company raised its quarterly dividend to $0.53 (annualized $2.12, ~0.9% yield), while insiders (SVP Miguel Alvarez and Director Kenneth Cornew) sold shares last week and institutional ownership is about 82%.

James Investment Research Inc. bought a new position in shares of Steel Dynamics, Inc. (NASDAQ:STLD - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,787 shares of the basic materials company's stock, valued at approximately $1,320,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Lingohr Asset Management GmbH increased its holdings in Steel Dynamics by 1,284.8% in the 3rd quarter. Lingohr Asset Management GmbH now owns 40,423 shares of the basic materials company's stock valued at $5,636,000 after purchasing an additional 37,504 shares during the last quarter. Ninety One UK Ltd lifted its stake in Steel Dynamics by 33.5% during the third quarter. Ninety One UK Ltd now owns 119,863 shares of the basic materials company's stock worth $16,712,000 after purchasing an additional 30,102 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in Steel Dynamics during the third quarter worth $8,592,000. Forvis Mazars Wealth Advisors LLC purchased a new position in shares of Steel Dynamics during the third quarter worth $1,047,000. Finally, Mediolanum International Funds Ltd boosted its position in shares of Steel Dynamics by 157.2% during the third quarter. Mediolanum International Funds Ltd now owns 206,140 shares of the basic materials company's stock worth $28,629,000 after buying an additional 125,981 shares during the period. 82.41% of the stock is currently owned by institutional investors and hedge funds.

Steel Dynamics Stock Performance

NASDAQ STLD opened at $226.79 on Monday. The company has a fifty day moving average of $187.85 and a two-hundred day moving average of $174.93. The company has a market capitalization of $32.82 billion, a PE ratio of 24.26, a P/E/G ratio of 0.58 and a beta of 1.39. Steel Dynamics, Inc. has a 1 year low of $119.89 and a 1 year high of $229.00. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.33.

Steel Dynamics (NASDAQ:STLD - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The basic materials company reported $2.78 EPS for the quarter, missing analysts' consensus estimates of $2.79 by ($0.01). Steel Dynamics had a return on equity of 15.54% and a net margin of 7.22%.The firm had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same quarter last year, the firm posted $1.44 EPS. The firm's revenue for the quarter was up 19.1% on a year-over-year basis. As a group, analysts expect that Steel Dynamics, Inc. will post 14.34 earnings per share for the current year.

Steel Dynamics Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.9%. This is a positive change from Steel Dynamics's previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Tuesday, March 31st. Steel Dynamics's dividend payout ratio is presently 22.67%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on STLD shares. Jefferies Financial Group reaffirmed a "buy" rating on shares of Steel Dynamics in a research report on Tuesday, March 17th. KeyCorp raised their price objective on shares of Steel Dynamics from $190.00 to $241.00 and gave the company an "overweight" rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Steel Dynamics from $192.00 to $205.00 and gave the company a "neutral" rating in a report on Tuesday, April 14th. BMO Capital Markets upped their target price on shares of Steel Dynamics from $195.00 to $240.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 22nd. Finally, Wells Fargo & Company lifted their target price on Steel Dynamics from $207.00 to $235.00 and gave the company an "overweight" rating in a report on Wednesday, April 22nd. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Steel Dynamics presently has a consensus rating of "Hold" and a consensus price target of $210.33.

Insider Buying and Selling

In other news, Director Kenneth W. Cornew sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $224.87, for a total transaction of $1,124,350.00. Following the transaction, the director directly owned 31,299 shares in the company, valued at approximately $7,038,206.13. This trade represents a 13.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Miguel Alvarez sold 4,825 shares of Steel Dynamics stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $225.58, for a total transaction of $1,088,423.50. Following the completion of the transaction, the senior vice president directly owned 122,257 shares in the company, valued at $27,578,734.06. The trade was a 3.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 6.60% of the stock is currently owned by insiders.

Key Stories Impacting Steel Dynamics

Here are the key news stories impacting Steel Dynamics this week:

• Positive Sentiment: Analysts lifted price targets and reiterated bullish views, supporting upside expectations — Citi raised its target to $255, KeyCorp to $241, BMO and Wells Fargo issued supportive notes. These upgrades increase buy-side conviction and likely helped buying interest. Citigroup Raises Steel Dynamics NASDAQ: STLD Price Target to $255.00 KeyCorp Raises Steel Dynamics NASDAQ: STLD Price Target to $241.00 BMO Capital Markets Forecasts Strong Price Appreciation for Steel Dynamics NASDAQ: STLD Stock Wells Fargo Raises Steel Dynamics (STLD) Price Target to $207, Stays Bullish on Steel
• Positive Sentiment: Strong Q1 results and management commentary — outlets report record shipments, rising Q1 profit and a positive outlook that analysts are rewarding; this fundamental beat/guide-up dynamic is a direct catalyst for buying. Steel Dynamics surges to all-time high on rising Q1 profit, positive outlook Steel Dynamics Inc (STLD) Q1 2026 Earnings Call Highlights: Record Shipments and Robust ...
• Positive Sentiment: Market recognition and momentum — coverage notes STLD joining an “elite” list with a 95+ composite rating and commentary (e.g., The Motley Fool) highlighting why the stock has spiked, reinforcing momentum trading. Steel Dynamics joins elite list of stocks with 95-plus composite rating Here's Why Steel Dynamics Stock Spiked This Week and How That Could Continue
• Neutral Sentiment: Short-interest data is anomalous/zero in the latest report (shows 0 shares / 0 days), which appears to be a reporting artifact rather than a market driver — not meaningful until clarified by exchanges or the data provider.
• Neutral Sentiment: Macro/sector context: coverage on tariffs and how domestic steel demand is reshaping winners and losers provides background but is not a firm-specific catalyst today. Tariffs Rose: 1 Steelmaker Thrived, 1 Still Struggles
• Negative Sentiment: Insider selling by senior executives — SVP Miguel Alvarez sold 4,825 shares (~$1.09M) and Director Kenneth Cornew sold 5,000 shares (~$1.12M) last week; while often routine, these disclosures can introduce short-term selling pressure or concern for some investors. Miguel Alvarez Form 4 Kenneth W. Cornew Form 4

Steel Dynamics Profile

Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.

The company's product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.

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