Ryerson (NYSE:RYI) CEO Sells $30,010.00 in Stock

Ryerson Holding Corporation (NYSE:RYI) CEO Edward Lehner sold 1,000 shares of Ryerson stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $30.01, for a total value of $30,010.00. Following the transaction, the chief executive officer directly owned 652,229 shares in the company, valued at approximately $19,573,392.29. The trade was a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Ryerson Trading Down 2.3%

Ryerson stock opened at $29.33 on Monday. Ryerson Holding Corporation has a 12-month low of $19.02 and a 12-month high of $30.31. The firm has a market capitalization of $944.72 million, a price-to-earnings ratio of -41.31 and a beta of 1.59. The firm has a 50 day moving average of $25.27 and a 200 day moving average of $23.39. The company has a current ratio of 1.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.62.

Ryerson (NYSE:RYI) last posted its quarterly earnings results on Tuesday, October 28th. The basic materials company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.49). The firm had revenue of $1.16 billion during 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, research analysts predict that Ryerson Holding Corporation will post 1.2 earnings per share for the current year.

Ryerson Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on RYI. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ryerson in a research note on Monday, December 29th. Zacks Research upgraded 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $25.00.

Institutional Investors Weigh In On Ryerson

Several large investors have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new stake in shares of Ryerson in the third quarter worth about $30,000. CWM LLC raised its holdings in shares of Ryerson by 97.7% during the 2nd quarter. CWM LLC now owns 1,866 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 922 shares in the last quarter. New York State Teachers Retirement System bought a new position in shares of Ryerson during the 3rd quarter valued at approximately $56,000. AlphaQuest LLC grew its holdings in shares of Ryerson by 259,800.0% in the third quarter. AlphaQuest LLC now owns 2,599 shares of the basic materials company’s stock valued at $59,000 after purchasing an additional 2,598 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in Ryerson by 157.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,936 shares of the basic materials company’s stock worth $85,000 after purchasing an additional 2,405 shares during the last quarter. 94.81% of the stock is owned by institutional investors.

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.