American Century Companies Inc. Raises Holdings in Ryerson Holding Corporation $RYI

American Century Companies Inc. lifted its position in shares of Ryerson Holding Corporation (NYSE:RYI) by 8.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,194,233 shares of the basic materials company’s stock after purchasing an additional 93,800 shares during the period. American Century Companies Inc. owned about 3.71% of Ryerson worth $27,300,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. CenterBook Partners LP purchased a new position in Ryerson during the 3rd quarter worth approximately $3,522,000. Donald Smith & CO. Inc. purchased a new stake in Ryerson in the second quarter valued at approximately $2,403,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Ryerson by 34.9% in 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 acquiring an additional 94,197 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Ryerson by 113.9% in the third quarter. JPMorgan Chase & Co. now owns 153,049 shares of the basic materials company’s stock valued at $3,499,000 after acquiring an additional 81,511 shares during the period. Finally, Allianz Asset Management GmbH grew its position in shares of Ryerson by 32.9% during the third quarter. Allianz Asset Management GmbH now owns 308,964 shares of the basic materials company’s stock worth $7,063,000 after acquiring an additional 76,565 shares during the last quarter. 94.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ryerson in a report on Monday, December 29th. BMO Capital Markets raised their price objective on shares of Ryerson from $29.00 to $31.00 and gave the stock a “market perform” rating in a research report on Monday, February 23rd. Finally, Zacks Research upgraded shares of Ryerson to a “hold” rating in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $31.00.

Insider Activity

In related news, CFO James J. Claussen sold 4,972 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $30.00, for a total transaction of $149,160.00. Following the completion of the transaction, the chief financial officer directly owned 74,284 shares of the company’s stock, valued at $2,228,520. This represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Edward J. Lehner sold 59,001 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $30.06, for a total transaction of $1,773,570.06. Following the completion of the sale, the chief executive officer owned 593,228 shares of the company’s stock, valued at approximately $17,832,433.68. The trade was a 9.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 64,973 shares of company stock worth $1,952,740. Insiders own 3.95% of the company’s stock.

Ryerson Trading Up 0.7%

Shares of RYI stock opened at $28.17 on Monday. The company has a market capitalization of $907.19 million, a P/E ratio of -16.00 and a beta of 1.58. 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 50 day moving average is $27.88 and its two-hundred day moving average is $24.63. Ryerson Holding Corporation has a twelve month low of $19.02 and a twelve month high of $30.90.

Ryerson (NYSE:RYI) last released its quarterly earnings results on Thursday, February 19th. The basic materials company reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.83). Ryerson had a negative return on equity of 6.19% and a negative net margin of 1.23%.The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Ryerson has set its Q4 2025 guidance at -1.180–1.180 EPS. Equities analysts forecast that Ryerson Holding Corporation will post 1.2 EPS for the current year.

Ryerson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, March 5th. Ryerson’s dividend payout ratio (DPR) is -42.61%.

Ryerson Profile

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.