Strs Ohio Invests $432,000 in Ryerson Holding Corporation $RYI

Strs Ohio purchased a new position in Ryerson Holding Corporation (NYSE:RYI - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 18,800 shares of the basic materials company's stock, valued at approximately $432,000. Strs Ohio owned 0.06% of Ryerson as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Ryerson by 98.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,396,185 shares of the basic materials company's stock worth $32,057,000 after purchasing an additional 691,737 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Ryerson by 17.4% in the 1st 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 during the period. American Century Companies Inc. lifted its position in shares of Ryerson by 8.3% in the 1st quarter. American Century Companies Inc. now owns 1,007,359 shares of the basic materials company's stock worth $23,129,000 after purchasing an additional 76,920 shares during the period. Allianz Asset Management GmbH lifted its position in shares of Ryerson by 23.7% in the 1st quarter. Allianz Asset Management GmbH now owns 203,298 shares of the basic materials company's stock worth $4,668,000 after purchasing an additional 38,911 shares during the period. Finally, Brandywine Global Investment Management LLC acquired a new position in shares of Ryerson in the 1st quarter worth approximately $2,662,000. Institutional investors and hedge funds own 94.81% of the company's stock.

Ryerson Stock Performance

NYSE:RYI opened at $22.50 on Tuesday. The company has a fifty day moving average of $22.33 and a 200-day moving average of $22.16. The firm has a market capitalization of $724.63 million, a P/E ratio of -50.01 and a beta of 1.64. The company has a quick ratio of 1.00, a current ratio of 2.03 and a debt-to-equity ratio of 0.62. Ryerson Holding Corporation has a twelve month low of $17.18 and a twelve month high of $27.41.

Ryerson (NYSE:RYI - Get Free Report) last released its quarterly earnings data 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). The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. Ryerson had a negative net margin of 0.33% and a negative return on equity of 1.72%. Ryerson has set its Q3 2025 guidance at 0.000-0.060 EPS. As a group, sell-side analysts anticipate that Ryerson Holding Corporation will post 1.2 EPS for the current year.

Ryerson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were paid a $0.1875 dividend. The ex-dividend date was Thursday, September 4th. This represents a $0.75 annualized dividend and a dividend yield of 3.3%. Ryerson's payout ratio is currently -166.67%.

Insider Buying and Selling at Ryerson

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

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.

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