Russell Investments Group Ltd. Sells 15,009 Shares of Ryerson Holding Corporation $RYI

Russell Investments Group Ltd. lessened its holdings in Ryerson Holding Corporation (NYSE:RYI) by 12.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 107,362 shares of the basic materials company’s stock after selling 15,009 shares during the quarter. Russell Investments Group Ltd. owned 0.33% of Ryerson worth $2,465,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Deutsche Bank AG increased its holdings in Ryerson by 74.3% in the 4th quarter. Deutsche Bank AG now owns 29,090 shares of the basic materials company’s stock valued at $538,000 after buying an additional 12,403 shares during the period. Janney Montgomery Scott LLC increased its holdings in Ryerson by 10.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 15,927 shares of the basic materials company’s stock valued at $366,000 after buying an additional 1,495 shares during the period. GAMMA Investing LLC increased its holdings in Ryerson by 2,147.9% in the 1st quarter. GAMMA Investing LLC now owns 27,896 shares of the basic materials company’s stock valued at $640,000 after buying an additional 26,655 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Ryerson in the 1st quarter valued at $586,000. Finally, SG Americas Securities LLC bought a new stake in Ryerson in the 1st quarter valued at $286,000. Institutional investors own 94.81% of the company’s stock.

Insider Buying and Selling

In other Ryerson news, CAO Molly D. Kannan sold 2,528 shares of the stock in a transaction dated 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 of the company’s stock, valued at $522,995.84. This represents a 9.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.95% of the stock is currently owned by corporate insiders.

Ryerson Stock Up 0.7%

RYI opened at $22.96 on Tuesday. The firm’s 50-day simple moving average is $22.04 and its 200-day simple moving average is $22.31. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.00 and a current ratio of 2.03. Ryerson Holding Corporation has a twelve month low of $17.18 and a twelve month high of $27.41. The firm has a market cap of $739.31 million, a price-to-earnings ratio of -51.02 and a beta of 1.56.

Ryerson (NYSE:RYI) last posted its earnings results 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). 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 the consensus estimate of $1.17 billion. Ryerson has set its Q3 2025 guidance at 0.000-0.060 EPS. Equities research analysts anticipate that Ryerson Holding Corporation will post 1.2 EPS for the current fiscal year.

Ryerson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend 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 is currently -166.67%.

Analyst Upgrades and Downgrades

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

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.