Goldman Sachs Group Inc. Sells 3,567 Shares of Ryerson Holding Corporation $RYI

Goldman Sachs Group Inc. cut its position in shares of Ryerson Holding Corporation (NYSE:RYI) by 1.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 211,978 shares of the basic materials company’s stock after selling 3,567 shares during the quarter. Goldman Sachs Group Inc. owned about 0.66% of Ryerson worth $4,867,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in RYI. SG Americas Securities LLC bought a new stake in shares of Ryerson during the first quarter valued at approximately $286,000. Janney Montgomery Scott LLC boosted its holdings in Ryerson by 10.4% in the first quarter. Janney Montgomery Scott LLC now owns 15,927 shares of the basic materials company’s stock worth $366,000 after acquiring an additional 1,495 shares in the last quarter. Readystate Asset Management LP bought a new stake in Ryerson in the first quarter worth $403,000. State of Wyoming boosted its holdings in Ryerson by 33.1% in the first quarter. State of Wyoming now owns 18,622 shares of the basic materials company’s stock worth $428,000 after acquiring an additional 4,632 shares in the last quarter. Finally, Strs Ohio bought a new stake in Ryerson in the first quarter worth $432,000. 94.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ryerson

In other news, CAO Molly D. Kannan sold 2,528 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $22.24, for a total value of $56,222.72. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.95% of the stock is owned by corporate insiders.

Ryerson Trading Down 0.1%

Ryerson stock opened at $23.12 on Wednesday. The company has a current ratio of 2.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62. The business’s fifty day simple moving average is $22.39 and its two-hundred day simple moving average is $22.22. Ryerson Holding Corporation has a 12 month low of $17.18 and a 12 month high of $27.41. The company has a market capitalization of $744.46 million, a price-to-earnings ratio of -51.38 and a beta of 1.64.

Ryerson (NYSE:RYI) last released its earnings results on Tuesday, July 29th. The basic materials company reported $0.08 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 company 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. As a group, equities analysts predict that Ryerson Holding Corporation will post 1.2 earnings per share for the current fiscal 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 paid a $0.1875 dividend. The ex-dividend date is Thursday, September 4th. This represents a $0.75 annualized dividend and a dividend yield of 3.2%. Ryerson’s payout ratio is currently -166.67%.

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.