8,051 Shares in Steel Dynamics, Inc. $STLD Acquired by Ieq Capital LLC

Ieq Capital LLC acquired a new stake in Steel Dynamics, Inc. (NASDAQ:STLD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,051 shares of the basic materials company’s stock, valued at approximately $1,847,000.

Several other institutional investors and hedge funds have also made changes to their positions in STLD. Callan Family Office LLC grew its holdings in shares of Steel Dynamics by 2.3% in the second quarter. Callan Family Office LLC now owns 7,721 shares of the basic materials company’s stock worth $1,772,000 after purchasing an additional 173 shares during the last quarter. Keating Financial Advisory Services Inc. grew its stake in Steel Dynamics by 27.1% in the 2nd quarter. Keating Financial Advisory Services Inc. now owns 197 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 42 shares in the last quarter. OneAscent Financial Services LLC grew its stake in Steel Dynamics by 2.9% in the 2nd quarter. OneAscent Financial Services LLC now owns 6,205 shares of the basic materials company’s stock worth $1,424,000 after acquiring an additional 174 shares in the last quarter. Vise Technologies Inc. increased its position in shares of Steel Dynamics by 23.1% during the second quarter. Vise Technologies Inc. now owns 4,041 shares of the basic materials company’s stock worth $927,000 after acquiring an additional 757 shares during the period. Finally, Toews Corp ADV purchased a new position in shares of Steel Dynamics during the second quarter worth approximately $43,000. 82.41% of the stock is currently owned by institutional investors.

Insider Activity

In related news, SVP James Stanley Anderson sold 10,000 shares of Steel Dynamics stock in a transaction on Friday, June 5th. The shares were sold at an average price of $268.70, for a total value of $2,687,000.00. Following the sale, the senior vice president owned 102,837 shares of the company’s stock, valued at approximately $27,632,301.90. This trade represents a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.60% of the stock is owned by company insiders.

Trending Headlines about Steel Dynamics

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

• Positive Sentiment: Steel stocks rallied after U.S.-Canada trade talks broke down and President Trump threatened tariffs of up to 50% on Canadian steel. Investors viewed the potential trade restrictions as supportive of U.S. producers, including Steel Dynamics, by potentially improving pricing and demand for domestically produced steel. Nucor, Steel Dynamics, Cleveland-Cliffs stocks rise as US-Canada trade talks fail
• Positive Sentiment: Steel Dynamics led a broader move higher among U.S. steelmakers as tariffs returned to focus, reinforcing the market’s expectation that trade protection could benefit domestic producers. Steel Stocks Jump as U.S.-Canada Tariff Fight Escalates
• Positive Sentiment: Recent fundamental coverage characterized STLD as a potentially attractive long-term value stock, which may have supported investor interest alongside the sector rally. Why Steel Dynamics is a Top Value Stock for the Long-Term
• Neutral Sentiment: Wells Fargo lowered its price target from $275 to $255 but maintained an “overweight” rating. The target reduction signals more cautious expectations, while the continued bullish rating indicates the analyst still sees upside potential. Benzinga analyst coverage
• Neutral Sentiment: The reported August short-interest figures show zero shares short and a zero-day days-to-cover ratio, with an undefined percentage change. Because the data appears inconsistent, it provides no meaningful signal about investor positioning.

Steel Dynamics Stock Up 0.8%

Steel Dynamics stock opened at $231.08 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.45 and a current ratio of 3.18. The business’s 50-day simple moving average is $243.34 and its two-hundred day simple moving average is $223.01. The company has a market cap of $33.12 billion, a PE ratio of 20.95, a PEG ratio of 0.43 and a beta of 1.52. Steel Dynamics, Inc. has a fifty-two week low of $126.88 and a fifty-two week high of $288.74.

Steel Dynamics (NASDAQ:STLD) last issued its earnings results on Tuesday, July 21st. The basic materials company reported $3.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.06. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.12%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter last year, the company posted $2.01 earnings per share. The firm’s revenue was up 33.4% compared to the same quarter last year. Equities analysts anticipate that Steel Dynamics, Inc. will post 17.16 EPS for the current year.

Steel Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Steel Dynamics’s dividend payout ratio is presently 19.22%.

Wall Street Analyst Weigh In

STLD has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price objective on shares of Steel Dynamics from $256.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. Bank of America lowered their price target on shares of Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating for the company in a research report on Thursday, July 9th. The Goldman Sachs Group assumed coverage on shares of Steel Dynamics in a research note on Wednesday, July 29th. They set a “buy” rating and a $300.00 price objective on the stock. Barclays lifted their price objective on shares of Steel Dynamics from $270.00 to $272.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Finally, UBS Group boosted their price objective on shares of Steel Dynamics from $165.00 to $276.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $257.27.

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.