OneAscent Financial Services LLC Has $402,000 Position in Steel Dynamics, Inc. $STLD

OneAscent Financial Services LLC cut its holdings in Steel Dynamics, Inc. (NASDAQ:STLD) by 52.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,881 shares of the basic materials company’s stock after selling 3,154 shares during the quarter. OneAscent Financial Services LLC’s holdings in Steel Dynamics were worth $402,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of STLD. Norges Bank bought a new position in Steel Dynamics in the second quarter valued at approximately $339,769,000. Nordea Investment Management AB increased its position in shares of Steel Dynamics by 43.3% during the second quarter. Nordea Investment Management AB now owns 2,088,372 shares of the basic materials company’s stock worth $271,238,000 after acquiring an additional 630,935 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Steel Dynamics by 40.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,675,973 shares of the basic materials company’s stock worth $214,541,000 after acquiring an additional 484,304 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of Steel Dynamics during the second quarter worth $48,746,000. Finally, AQR Capital Management LLC lifted its position in Steel Dynamics by 79.1% in the 2nd quarter. AQR Capital Management LLC now owns 627,542 shares of the basic materials company’s stock valued at $80,332,000 after acquiring an additional 277,166 shares in the last quarter. 82.41% of the stock is owned by institutional investors.

Steel Dynamics Stock Up 1.3%

STLD stock opened at $175.65 on Wednesday. The company has a market cap of $25.65 billion, a price-to-earnings ratio of 21.93, a P/E/G ratio of 0.73 and a beta of 1.48. Steel Dynamics, Inc. has a twelve month low of $103.17 and a twelve month high of $185.56. The business has a 50 day moving average price of $170.50 and a two-hundred day moving average price of $149.67. The company has a quick ratio of 1.47, a current ratio of 3.11 and a debt-to-equity ratio of 0.43.

Steel Dynamics (NASDAQ:STLD) last released its quarterly earnings data on Monday, January 26th. The basic materials company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.72 by $0.10. Steel Dynamics had a return on equity of 13.58% and a net margin of 6.52%.The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.62 billion. During the same quarter in the prior year, the firm posted $1.36 EPS. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. Analysts anticipate that Steel Dynamics, Inc. will post 9.01 EPS for the current fiscal year.

Steel Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Wednesday, December 31st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Steel Dynamics’s dividend payout ratio (DPR) is 26.49%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on STLD shares. KeyCorp reiterated an “overweight” rating and set a $190.00 target price on shares of Steel Dynamics in a report on Wednesday, January 7th. Jefferies Financial Group upped their price objective on Steel Dynamics from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Wells Fargo & Company increased their price objective on Steel Dynamics from $172.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, December 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Steel Dynamics in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. upped their price target on Steel Dynamics from $165.00 to $190.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $182.00.

Key Steel Dynamics News

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

• Positive Sentiment: Q4 EPS beat and margin resilience — STLD reported $1.82 EPS vs. $1.72 consensus and held margins thanks to lower scrap costs, supporting near-term profitability. Steel Dynamics (STLD) Q4 Earnings Top Estimates
• Positive Sentiment: Record shipments and aluminum ramp — Management reported record steel shipments and early commercial aluminum production that is already EBITDA-positive, creating a new growth vector beyond steel. Steel Dynamics Smashes 52-Week High On Record Steel Shipments
• Positive Sentiment: Capital-return strategy intact — Company emphasizes aggressive share buybacks and steady dividend growth supported by cash flow, which boosts EPS per share over time. Steel Dynamics Reinforces Outlook: Higher Highs Coming
• Neutral Sentiment: Revenue miss — Q4 revenue of ~$4.41B missed consensus (~$4.62B), indicating some top-line pressure from weaker recycling and fabrication segments despite overall volume strength. Steel Dynamics Tops Q4 Earnings, Misses Revenue Estimates
• Neutral Sentiment: Outlook but no firm 2026 guidance — Management sounded constructive on demand and margins but did not give explicit 2026 guidance, leaving some uncertainty on pacing of recovery. Steel Dynamics Reinforces Outlook: Higher Highs Coming
• Negative Sentiment: Valuation questions — Several analysts note free cash flow is inflecting but valuation looks full, which could limit further multiple expansion absent clearer top-line traction. Steel Dynamics: Free Cash Flow Inflecting, But Valuation Is Full
• Negative Sentiment: Profit-taking / distribution risk — Coverage notes rising institutional distribution and short interest that could cap near-term gains and explain intraday pullbacks despite the EPS beat. Steel Dynamics Falls on Earnings Beat. It Still Offers Hope for the Sector in 2026.

Steel Dynamics Profile

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.