Towle & Co. Sells 76,284 Shares of Ryerson Holding Corporation $RYI

Towle & Co. lowered its position in Ryerson Holding Corporation (NYSE:RYI) by 16.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 374,431 shares of the basic materials company’s stock after selling 76,284 shares during the period. Ryerson accounts for 2.2% of Towle & Co.’s portfolio, making the stock its 19th largest holding. Towle & Co. owned 1.16% of Ryerson worth $8,559,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in RYI. CenterBook Partners LP bought a new stake in Ryerson in the third quarter worth approximately $3,522,000. Donald Smith & CO. Inc. acquired a new stake in shares of Ryerson in the 2nd quarter valued at $2,403,000. Arrowstreet Capital Limited Partnership boosted its holdings in Ryerson by 34.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 364,006 shares of the basic materials company’s stock worth $7,852,000 after purchasing an additional 94,197 shares in the last quarter. American Century Companies Inc. increased its position in Ryerson by 9.2% during the second quarter. American Century Companies Inc. now owns 1,100,433 shares of the basic materials company’s stock worth $23,736,000 after buying an additional 93,074 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Ryerson by 113.9% during the third quarter. JPMorgan Chase & Co. now owns 153,049 shares of the basic materials company’s stock worth $3,499,000 after buying an additional 81,511 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ryerson Stock Up 17.0%

Ryerson stock opened at $27.96 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.98 and a quick ratio of 0.95. Ryerson Holding Corporation has a fifty-two week low of $19.02 and a fifty-two week high of $30.90. The firm has a fifty day moving average price of $27.37 and a two-hundred day moving average price of $24.13. The firm has a market cap of $900.65 million, a price-to-earnings ratio of -15.89 and a beta of 1.58.

Ryerson (NYSE:RYI) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported ($1.01) EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Ryerson has set its Q4 2025 guidance at -1.180–1.180 EPS. As a group, analysts forecast that Ryerson Holding Corporation will post 1.2 earnings per share for the current year.

Ryerson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, March 5th. Ryerson’s payout ratio is currently -42.61%.

Insider Buying and Selling

In other news, CEO Edward J. Lehner sold 59,001 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $30.06, for a total value of $1,773,570.06. Following the completion of the sale, the chief executive officer directly owned 593,228 shares of the company’s stock, valued at approximately $17,832,433.68. This represents a 9.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO James J. Claussen sold 4,972 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $30.00, for a total transaction of $149,160.00. Following the transaction, the chief financial officer directly owned 74,284 shares in the company, valued at $2,228,520. This trade represents a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 64,973 shares of company stock valued at $1,952,740. Corporate insiders own 3.95% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on RYI. Zacks Research raised Ryerson to a “hold” rating in a research report on Wednesday, January 7th. Weiss Ratings restated a “sell (d)” rating on shares of Ryerson in a report on Monday, December 29th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $25.00.

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.