Baader Bank Aktiengesellschaft Sells 3,967 Shares of Steel Dynamics, Inc. $STLD

Baader Bank Aktiengesellschaft trimmed its holdings in Steel Dynamics, Inc. (NASDAQ:STLD) by 64.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,190 shares of the basic materials company’s stock after selling 3,967 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Steel Dynamics were worth $394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in STLD. NewEdge Advisors LLC grew its holdings in Steel Dynamics by 307.5% during the 1st quarter. NewEdge Advisors LLC now owns 819 shares of the basic materials company’s stock valued at $102,000 after buying an additional 618 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Steel Dynamics by 82.7% in the first quarter. Acadian Asset Management LLC now owns 3,485 shares of the basic materials company’s stock worth $435,000 after buying an additional 1,578 shares in the last quarter. Jump Financial LLC bought a new position in shares of Steel Dynamics during the second quarter worth $1,019,000. Qube Research & Technologies Ltd bought a new position in shares of Steel Dynamics during the second quarter worth $48,746,000. Finally, Sei Investments Co. grew its stake in Steel Dynamics by 7.9% during the second quarter. Sei Investments Co. now owns 105,051 shares of the basic materials company’s stock valued at $13,447,000 after acquiring an additional 7,712 shares in the last quarter. Institutional investors own 82.41% of the company’s stock.

Steel Dynamics Stock Up 2.2%

Shares of NASDAQ:STLD opened at $238.64 on Thursday. The company has a market cap of $34.54 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 0.53 and a beta of 1.53. Steel Dynamics, Inc. has a 12 month low of $119.89 and a 12 month high of $288.74. The company has a current ratio of 3.18, a quick ratio of 1.33 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $245.89 and a 200 day moving average price of $210.41.

Steel Dynamics (NASDAQ:STLD) last issued its quarterly earnings data on Monday, July 20th. The basic materials company reported $3.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.63 by $0.06. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $5.56 billion. Steel Dynamics had a return on equity of 18.12% and a net margin of 7.83%.The company’s quarterly revenue was up 33.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.01 earnings per share. As a group, equities research analysts predict that Steel Dynamics, Inc. will post 14.28 earnings per share for the current year.

Steel Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, June 30th. Steel Dynamics’s dividend payout ratio is presently 19.22%.

Insider Buying and Selling at Steel Dynamics

In related news, SVP James Stanley Anderson sold 10,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $268.70, for a total value of $2,687,000.00. Following the completion of the sale, the senior vice president directly owned 102,837 shares in the company, valued at $27,632,301.90. This trade represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Richard A. Poinsatte sold 2,300 shares of Steel Dynamics stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $234.11, for a total transaction of $538,453.00. Following the transaction, the senior vice president directly owned 28,618 shares of the company’s stock, valued at $6,699,759.98. The trade was a 7.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 6.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on STLD. KeyCorp reiterated an “overweight” rating on shares of Steel Dynamics in a research note on Wednesday. Bank of America decreased their target price on Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Morgan Stanley cut their price target on Steel Dynamics from $270.00 to $260.00 and set an “equal weight” rating for the company in a report on Wednesday. Wall Street Zen raised Steel Dynamics from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Weiss Ratings raised Steel Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, June 18th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $237.36.

Key Steel Dynamics News

Here are the key news stories impacting Steel Dynamics this week:

• Positive Sentiment: Steel Dynamics reported Q2 results that beat expectations, with EPS topping estimates and revenue rising sharply year over year on record steel shipments, reinforcing momentum in its core steel business. Steel Dynamics’ Q2 Earnings Top Estimates, Revenues Increase Y/Y
• Positive Sentiment: Management highlighted record steel shipments and strong operating performance in the Q2 earnings call, which supports the view that demand and execution remain solid heading into the second half of 2026. Steel Dynamics Inc (STLD) Q2 2026 Earnings Call Highlights: Record Steel Shipments and Strong …
• Neutral Sentiment: JPMorgan raised its price target on Steel Dynamics to $260 from $256 but kept a neutral rating, suggesting upside is still seen, but not enough to turn outright bullish. Benzinga report on JPMorgan price target increase
• Neutral Sentiment: Bank of America also maintained a Hold/neutral view, noting the earnings beat was solid but valuation looks stretched after the rally. Steel Dynamics: Solid Near-Term Beat but Stretched Valuation Keeps Neutral Rating and $260 Price Target Unchanged
• Neutral Sentiment: New articles comparing STLD with Ternium and discussing its aluminum story keep investor attention on valuation and business mix, but do not appear to add a major new catalyst by themselves. TX or STLD: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Some commentary says the stock’s valuation is now a concern after the post-earnings move, which may limit further near-term gains even after the strong results. Steel Dynamics (STLD) Earnings Put Its Aluminum Story And Valuation Back In Focus

About Steel Dynamics

Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.

The company’s product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.