Gamco Investors INC. ET AL Sells 86,150 Shares of Myers Industries, Inc. $MYE

Gamco Investors INC. ET AL trimmed its position in shares of Myers Industries, Inc. (NYSE:MYE) by 2.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,507,312 shares of the industrial products company’s stock after selling 86,150 shares during the period. Gamco Investors INC. ET AL owned about 0.09% of Myers Industries worth $59,414,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada grew its position in Myers Industries by 44.5% during the first quarter. Royal Bank of Canada now owns 24,684 shares of the industrial products company’s stock valued at $295,000 after acquiring an additional 7,607 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Myers Industries by 148.8% during the first quarter. AQR Capital Management LLC now owns 166,990 shares of the industrial products company’s stock worth $1,992,000 after acquiring an additional 99,881 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Myers Industries by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,835 shares of the industrial products company’s stock worth $260,000 after acquiring an additional 936 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Myers Industries by 2.7% in the 1st quarter. Millennium Management LLC now owns 911,626 shares of the industrial products company’s stock worth $10,876,000 after acquiring an additional 23,866 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Myers Industries by 12.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 320,996 shares of the industrial products company’s stock valued at $3,829,000 after purchasing an additional 34,787 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on MYE. Wall Street Zen raised shares of Myers Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Zacks Research raised shares of Myers Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Myers Industries in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $21.00.

Myers Industries News Roundup

Here are the key news stories impacting Myers Industries this week:

• Positive Sentiment: Q4 beat on both EPS and revenue and showed margin improvement — Company reported $0.31 EPS vs. $0.23 consensus and revenue of $203.97M vs. ~$202.6M, with commentary on margin expansion for 2025. Myers Industries Announces 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Market reaction initially modestly positive — some coverage notes the beat pushed shares up intraday before profit-taking. This shows the beat was received as credible but not enough to sustain a rally. Myers Industries beats estimates on earnings and revenue, stock edges up
• Neutral Sentiment: Full materials and transcripts are available — slides and the earnings-call transcript provide detail on segment performance and the company’s narrative on cost/margin drivers. Useful for digging into whether margin gains are sustainable. Myers Industries, Inc. (MYE) Q4 2025 Earnings Call Transcript Myers Industries, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Valuation and fundamental metrics may cap upside — MYE trades at a mid‑to‑high P/E (~29x) with a modest net margin (~3.4%) and leverage (debt/equity ~1.18), which can prompt profit-taking after a rally toward the 52-week high.
• Negative Sentiment: Stock moved lower on higher volume — the heavier-than-average trading suggests sellers dominated after the release despite the beat; investors may be awaiting clearer forward guidance or sustainability of margin gains.

Myers Industries Stock Performance

Shares of MYE stock opened at $21.59 on Friday. The company has a market capitalization of $807.68 million, a P/E ratio of 23.22 and a beta of 1.06. Myers Industries, Inc. has a fifty-two week low of $9.06 and a fifty-two week high of $24.03. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.09 and a current ratio of 1.67. The stock has a 50 day moving average price of $20.92 and a two-hundred day moving average price of $18.56.

Myers Industries (NYSE:MYE) last issued its earnings results on Thursday, March 5th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.08. Myers Industries had a net margin of 4.23% and a return on equity of 14.46%. The firm had revenue of $203.97 million for the quarter, compared to analysts’ expectations of $202.60 million. Analysts expect that Myers Industries, Inc. will post 0.95 earnings per share for the current year.

Myers Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Friday, March 13th will be issued a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, March 13th. Myers Industries’s dividend payout ratio (DPR) is 72.97%.

Myers Industries Company Profile

Myers Industries, Inc is a diversified manufacturer of polymer products serving industrial, commercial and consumer markets. The company designs, produces and markets a broad range of molded and fabricated plastic components, including pallets, bulk containers, tanks and drums used in material handling and storage applications. Myers Industries leverages proprietary polymer technologies to provide durable, reusable solutions that help customers optimize supply chain efficiency and reduce environmental impact.

Myers operates primarily through two business segments.