Intech Investment Management LLC Has $354,000 Stock Holdings in Ryerson Holding Corporation $RYI

Intech Investment Management LLC trimmed its position in Ryerson Holding Corporation (NYSE:RYI) by 15.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,426 shares of the basic materials company’s stock after selling 3,103 shares during the period. Intech Investment Management LLC owned approximately 0.05% of Ryerson worth $354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Ryerson during the first quarter valued at approximately $586,000. Charles Schwab Investment Management Inc. grew its position in Ryerson by 17.4% in 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 purchasing an additional 176,878 shares during the period. Nuveen LLC bought a new stake in Ryerson during the 1st quarter valued at $2,243,000. Brandywine Global Investment Management LLC bought a new stake in Ryerson during the 1st quarter valued at $2,662,000. Finally, American Century Companies Inc. raised its holdings in Ryerson by 8.3% during the first quarter. American Century Companies Inc. now owns 1,007,359 shares of the basic materials company’s stock worth $23,129,000 after buying an additional 76,920 shares during the last quarter. Institutional investors own 94.81% of the company’s stock.

Ryerson Price Performance

RYI opened at $22.93 on Monday. Ryerson Holding Corporation has a 1 year low of $17.18 and a 1 year high of $27.41. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.98 and a quick ratio of 0.95. The company has a market capitalization of $738.58 million, a price-to-earnings ratio of -32.30 and a beta of 1.65. The firm’s fifty day moving average price is $22.16 and its two-hundred day moving average price is $22.07.

Ryerson (NYSE:RYI) last announced its 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). Ryerson had a negative net margin of 0.51% and a negative return on equity of 2.73%. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Ryerson has set its Q4 2025 guidance at -0.280–0.220 EPS. As a group, analysts anticipate that Ryerson Holding Corporation will post 1.2 earnings per share for the current fiscal year.

Ryerson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Thursday, December 4th. Ryerson’s payout ratio is presently -105.63%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Ryerson in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Ryerson has a consensus rating of “Reduce” and an average price target of $25.00.

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.