SG Americas Securities LLC Buys 33,221 Shares of Ryerson Holding Corporation $RYI

SG Americas Securities LLC increased its stake in shares of Ryerson Holding Corporation (NYSE:RYI) by 291.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,625 shares of the basic materials company’s stock after acquiring an additional 33,221 shares during the quarter. SG Americas Securities LLC owned approximately 0.14% of Ryerson worth $1,020,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new stake in Ryerson in the 2nd quarter valued at about $28,377,000. American Century Companies Inc. lifted its holdings in shares of Ryerson by 9.2% in the 2nd quarter. American Century Companies Inc. now owns 1,100,433 shares of the basic materials company’s stock worth $23,736,000 after purchasing an additional 93,074 shares in the last quarter. Geode Capital Management LLC increased its stake in Ryerson by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 644,892 shares of the basic materials company’s stock valued at $13,912,000 after purchasing an additional 6,000 shares in the last quarter. Frontier Capital Management Co. LLC lifted its stake in shares of Ryerson by 2.6% in the second quarter. Frontier Capital Management Co. LLC now owns 611,839 shares of the basic materials company’s stock valued at $13,197,000 after buying an additional 15,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Ryerson by 34.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 364,006 shares of the basic materials company’s stock valued at $7,852,000 after buying an additional 94,197 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

RYI has been the topic of several recent research reports. Zacks Research raised shares of Ryerson to a “hold” rating in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ryerson in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $25.00.

Ryerson Stock Performance

Shares of Ryerson stock opened at $28.71 on Monday. The firm has a market capitalization of $924.75 million, a P/E ratio of -40.44 and a beta of 1.59. The company has a current ratio of 1.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.62. The business’s fifty day simple moving average is $24.37 and its 200 day simple moving average is $23.17. Ryerson Holding Corporation has a 12 month low of $19.02 and a 12 month high of $29.89.

Ryerson (NYSE:RYI) last released its earnings results on Tuesday, October 28th. The basic materials company reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.49). The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate 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. As a group, analysts anticipate that Ryerson Holding Corporation will post 1.2 EPS for the current year.

Ryerson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, December 4th. Ryerson’s dividend payout ratio is currently -105.63%.

About Ryerson

Ryerson, Inc is a North American metals distributor and processor serving a broad range of industrial and manufacturing end markets. Headquartered in Chicago, Illinois, the company supplies carbon steels, stainless alloys, aluminum, brass and copper products to customers across the United States, Canada and Mexico. Through its extensive branch network, Ryerson provides just-in-time delivery and comprehensive inventory management solutions to support complex production schedules and tight lead-time requirements.

In addition to raw material distribution, Ryerson offers a suite of value-added processing services, including laser and plasma cutting, plate burning, sawing, shearing, forming, drilling and welding.