Ryerson Holding Corporation $RYI Holdings Lowered by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. reduced its stake in Ryerson Holding Corporation by 12.3% during the first quarter, selling 15,009 shares and now holding 107,362 shares valued at approximately $2.47 million.
• In contrast, Deutsche Bank AG increased its holdings in Ryerson by 74.3% in the previous quarter, buying an additional 12,403 shares.
• Ryerson announced a quarterly dividend of $0.1875 per share to be paid on September 18th, representing an annualized yield of 3.3%.

Russell Investments Group Ltd. trimmed its holdings in Ryerson Holding Corporation (NYSE:RYI - Free Report) by 12.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 107,362 shares of the basic materials company's stock after selling 15,009 shares during the period. Russell Investments Group Ltd. owned 0.33% of Ryerson worth $2,465,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its holdings in Ryerson by 17.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,190,988 shares of the basic materials company's stock worth $27,345,000 after purchasing an additional 176,878 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Ryerson by 7.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 704,448 shares of the basic materials company's stock worth $13,039,000 after purchasing an additional 49,905 shares in the last quarter. Towle & Co. raised its holdings in Ryerson by 3.3% during the fourth quarter. Towle & Co. now owns 554,868 shares of the basic materials company's stock worth $10,271,000 after purchasing an additional 17,925 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in Ryerson by 12.9% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 542,433 shares of the basic materials company's stock worth $10,040,000 after purchasing an additional 62,092 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its position in Ryerson by 1.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 519,307 shares of the basic materials company's stock worth $9,612,000 after buying an additional 9,840 shares during the period. 94.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Molly D. Kannan sold 2,528 shares of Ryerson stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $22.24, for a total value of $56,222.72. Following the sale, the chief accounting officer directly owned 23,516 shares in the company, valued at $522,995.84. This trade represents a 9.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.95% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Ryerson from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $25.00.

Ryerson Price Performance

Shares of RYI stock traded up $0.08 during trading hours on Friday, hitting $22.81. The company's stock had a trading volume of 188,630 shares, compared to its average volume of 211,906. The business has a fifty day moving average of $22.23 and a 200-day moving average of $22.31. The stock has a market cap of $734.59 million, a price-to-earnings ratio of -50.70 and a beta of 1.56. Ryerson Holding Corporation has a twelve month low of $17.18 and a twelve month high of $27.41. 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 posted its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $0.08 earnings per share 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 company had revenue of $1.17 billion for the quarter, compared to analysts' expectations 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.75 annualized dividend and a dividend yield of 3.3%. 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.