Ryerson Holding Corporation $RYI Shares Acquired by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC boosted its holdings in Ryerson Holding Corporation (NYSE:RYI) by 20.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,180 shares of the basic materials company’s stock after purchasing an additional 23,230 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.43% of Ryerson worth $3,002,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of RYI. CWM LLC increased its stake in Ryerson by 97.7% in the second quarter. CWM LLC now owns 1,866 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 922 shares during the period. Harbor Capital Advisors Inc. grew its holdings in shares of Ryerson by 12.9% during the second quarter. Harbor Capital Advisors Inc. now owns 10,199 shares of the basic materials company’s stock worth $220,000 after buying an additional 1,164 shares during the last quarter. State of Wyoming grew its holdings in shares of Ryerson by 33.1% during the first quarter. State of Wyoming now owns 18,622 shares of the basic materials company’s stock worth $428,000 after buying an additional 4,632 shares during the last quarter. Strs Ohio acquired a new position in Ryerson in the 1st quarter valued at about $432,000. Finally, Versor Investments LP purchased a new stake in Ryerson during the 1st quarter valued at approximately $464,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Ryerson in a research note on Wednesday, November 19th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $25.00.

Ryerson Stock Performance

NYSE:RYI opened at $21.50 on Tuesday. Ryerson Holding Corporation has a fifty-two week low of $17.18 and a fifty-two week high of $27.41. The company has a quick ratio of 0.95, a current ratio of 1.98 and a debt-to-equity ratio of 0.62. The stock has a market cap of $692.55 million, a PE ratio of -30.28 and a beta of 1.79. The firm’s fifty day simple moving average is $22.17 and its 200-day simple moving average is $22.04.

Ryerson (NYSE:RYI) last announced its quarterly earnings results on Tuesday, October 28th. The basic materials company reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.49). The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Ryerson had a negative return on equity of 2.73% and a negative net margin of 0.51%. Ryerson has set its Q4 2025 guidance at -0.280–0.220 EPS. Analysts expect that Ryerson Holding Corporation will post 1.2 earnings per share for the current fiscal year.

Ryerson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, December 4th. Ryerson’s dividend payout ratio is -105.63%.

About Ryerson

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.