Versor Investments LP Makes New Investment in Ryerson Holding Corporation $RYI

Key Points

• Versor Investments LP has acquired a new stake in Ryerson Holding Corporation, purchasing 20,200 shares valued at approximately $464,000.
• Institutional ownership of Ryerson is high, with 94.81% of shares held by various institutional investors, including significant increases from Tower Research Capital and Brevan Howard Capital Management.
• Ryerson reported a quarterly EPS of $0.08, missing analyst estimates, and announced a quarterly dividend of $0.1875 per share with an annual yield of 3.4%.

Versor Investments LP bought a new stake in shares of Ryerson Holding Corporation (NYSE:RYI - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,200 shares of the basic materials company's stock, valued at approximately $464,000. Versor Investments LP owned 0.06% of Ryerson as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. grew its position in shares of Ryerson by 8.3% during the 1st quarter. American Century Companies Inc. now owns 1,007,359 shares of the basic materials company's stock valued at $23,129,000 after acquiring an additional 76,920 shares during the period. Brandywine Global Investment Management LLC acquired a new stake in shares of Ryerson during the 1st quarter valued at about $2,662,000. Nuveen LLC acquired a new stake in shares of Ryerson during the 1st quarter valued at about $2,243,000. Charles Schwab Investment Management Inc. grew its position in shares of Ryerson by 17.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,190,988 shares of the basic materials company's stock valued at $27,345,000 after acquiring an additional 176,878 shares during the period. Finally, Readystate Asset Management LP acquired a new stake in shares of Ryerson during the 1st quarter valued at about $403,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ryerson Price Performance

RYI stock traded up $1.0560 during trading on Friday, hitting $22.8260. The stock had a trading volume of 193,478 shares, compared to its average volume of 243,235. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.03 and a quick ratio of 1.00. Ryerson Holding Corporation has a twelve month low of $17.18 and a twelve month high of $27.41. The stock has a market capitalization of $735.00 million, a P/E ratio of -50.72 and a beta of 1.56. The company's 50-day moving average price is $21.99 and its two-hundred day moving average price is $22.30.

Ryerson (NYSE:RYI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during 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, research analysts predict that Ryerson Holding Corporation will post 1.2 EPS for the current fiscal year.

Ryerson Announces Dividend

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

Insiders Place Their Bets

In other Ryerson 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 value of $56,222.72. Following the transaction, the chief accounting officer directly owned 23,516 shares of the company's stock, valued at $522,995.84. This trade represents a 9.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.95% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Wall Street Zen cut Ryerson from a "buy" rating to a "hold" rating in a report on Friday, May 9th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $25.00.

Ryerson Company 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.