Robotti Robert Takes Position in Ryerson Holding $RYZ

Robotti Robert bought a new position in Ryerson Holding (NYSE:RYZ) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 369,849 shares of the company’s stock, valued at approximately $9,102,000. Ryerson makes up about 1.5% of Robotti Robert’s holdings, making the stock its 18th largest holding. Robotti Robert owned about 0.71% of Ryerson at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of RYZ. BlackRock Inc. acquired a new stake in Ryerson in the 2nd quarter valued at $120,378,000. Deutsche Bank AG acquired a new position in Ryerson during the second quarter worth $1,273,000. Bank of New York Mellon Corp bought a new position in shares of Ryerson during the second quarter valued at $10,692,000. Finally, State of Wyoming acquired a new stake in shares of Ryerson in the 2nd quarter valued at $185,000. Institutional investors own 94.81% of the company’s stock.

Insider Activity

In other Ryerson news, EVP Mark S. Silver sold 11,174 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $27.91, for a total transaction of $311,866.34. Following the sale, the executive vice president owned 120,181 shares of the company’s stock, valued at $3,354,251.71. This represents a 8.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Molly D. Kannan sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $28.42, for a total transaction of $85,260.00. Following the completion of the sale, the chief accounting officer owned 25,636 shares of the company’s stock, valued at $728,575.12. The trade was a 10.48% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 15,674 shares of company stock worth $443,126. 6.58% of the stock is owned by corporate insiders.

Ryerson Price Performance

RYZ stock opened at $27.48 on Wednesday. The company’s fifty day simple moving average is $27.82. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.21 and a quick ratio of 1.04. Ryerson Holding has a fifty-two week low of $19.34 and a fifty-two week high of $32.00. The firm has a market cap of $1.43 billion, a PE ratio of -22.17 and a beta of 1.65.

Ryerson (NYSE:RYZ) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.12. The company had revenue of $2.01 billion for the quarter. Ryerson had a negative return on equity of 0.62% and a negative net margin of 0.56%.Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. On average, equities analysts expect that Ryerson Holding will post 1.1 earnings per share for the current fiscal year.

Ryerson Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, September 3rd. Ryerson’s payout ratio is currently -60.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on RYZ shares. Zacks Research lowered shares of Ryerson from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. Finally, Wall Street Zen upgraded shares of Ryerson from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Ryerson Profile

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.