UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires Shares of 86,588 Ryerson Holding $RYZ

Key Points

• UBS Asset Management acquired 86,588 Ryerson Holding shares worth approximately $2.13 million, representing a 0.17% stake. Institutional investors collectively own 94.81% of the company.
• Analyst sentiment remains cautious: Ryerson has a consensus rating of “Reduce”, with two Hold ratings and one Sell rating, despite some firms recently upgrading their views.
• Ryerson reported quarterly EPS of $0.52, above the $0.40 consensus estimate, and declared a quarterly dividend of $0.1875, equivalent to a 3.0% annualized yield.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Ryerson Holding (NYSE:RYZ - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 86,588 shares of the company's stock, valued at approximately $2,131,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.17% of Ryerson as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Quantbot Technologies LP acquired a new stake in shares of Ryerson during the 2nd quarter valued at about $66,000. Public Employees Retirement System of Ohio acquired a new position in Ryerson in the 2nd quarter worth about $130,000. Northwestern Mutual Wealth Management Co. acquired a new position in Ryerson in the 2nd quarter worth about $148,000. State of Wyoming purchased a new position in Ryerson during the second quarter worth approximately $185,000. Finally, NFJ Investment Group LLC purchased a new position in Ryerson during the second quarter worth approximately $219,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on RYZ. Weiss Ratings restated a "sell (d+)" rating on shares of Ryerson in a research report on Thursday, June 18th. Wall Street Zen upgraded Ryerson from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Zacks Research raised shares of Ryerson from a "strong sell" rating to a "hold" rating in a research note on Monday, August 24th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce".

Ryerson Trading Up 0.5%

NYSE:RYZ opened at $25.35 on Friday. The stock has a market capitalization of $1.32 billion, a P/E ratio of -20.44 and a beta of 1.57. Ryerson Holding has a twelve month low of $19.34 and a twelve month high of $32.00. The stock has a 50-day simple moving average of $27.19. The company has a current ratio of 2.21, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73.

Ryerson (NYSE:RYZ - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.12. The company had revenue of $2.01 billion during the quarter. Ryerson had a negative net margin of 0.56% and a negative return on equity of 0.62%. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. On average, analysts expect that Ryerson Holding will post 1.1 earnings per share for the current year.

Ryerson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a $0.1875 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.0%. Ryerson's dividend payout ratio is -60.48%.

Ryerson Company Profile

Ryerson NYSE: RYZ is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.

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