Ryerson Holding Corporation $RYI Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ryerson Holding Corporation by 98.2%, now owning 1,396,185 shares valued at approximately $32 million.
• Ryerson recently declared a quarterly dividend of $0.1875 per share, with an annualized dividend yield of 3.2%, although it has a negative dividend payout ratio of -166.67%.
• Despite a revenue of $1.17 billion for the last quarter, Ryerson reported $0.08 EPS, missing consensus estimates of $0.17 per share.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ryerson Holding Corporation (NYSE:RYI - Free Report) by 98.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,396,185 shares of the basic materials company's stock after purchasing an additional 691,737 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 4.34% of Ryerson worth $32,057,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Deutsche Bank AG grew its position in shares of Ryerson by 74.3% in the fourth quarter. Deutsche Bank AG now owns 29,090 shares of the basic materials company's stock valued at $538,000 after purchasing an additional 12,403 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Ryerson by 10.4% in the first quarter. Janney Montgomery Scott LLC now owns 15,927 shares of the basic materials company's stock valued at $366,000 after purchasing an additional 1,495 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Ryerson by 2,147.9% in the first quarter. GAMMA Investing LLC now owns 27,896 shares of the basic materials company's stock valued at $640,000 after purchasing an additional 26,655 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ryerson in the first quarter valued at approximately $586,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Ryerson in the first quarter valued at approximately $286,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ryerson

In related news, CAO Molly D. Kannan sold 2,528 shares of the firm's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $22.24, for a total transaction of $56,222.72. Following the sale, the chief accounting officer owned 23,516 shares in the company, valued at approximately $522,995.84. This trade represents a 9.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.95% of the company's stock.

Ryerson Price Performance

Shares of RYI stock traded down $0.19 during trading hours on Friday, hitting $22.42. The company's stock had a trading volume of 54,408 shares, compared to its average volume of 229,962. Ryerson Holding Corporation has a twelve month low of $17.18 and a twelve month high of $27.41. The business has a fifty day moving average of $22.41 and a 200-day moving average of $22.29. The stock has a market cap of $721.92 million, a price-to-earnings ratio of -49.81 and a beta of 1.64. The company has a current ratio of 2.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62.

Ryerson (NYSE:RYI - Get Free Report) last announced its 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). Ryerson had a negative return on equity of 1.72% and a negative net margin of 0.33%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. Ryerson has set its Q3 2025 guidance at 0.000-0.060 EPS. As a group, equities research analysts anticipate that Ryerson Holding Corporation will post 1.2 EPS for the current year.

Ryerson Announces Dividend

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

About Ryerson

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.