Ryerson (NYSE:RYI) CEO Edward Lehner Sells 1,000 Shares

Ryerson Holding Corporation (NYSE:RYI) CEO Edward Lehner sold 1,000 shares of the firm’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $30.01, for a total transaction of $30,010.00. Following the completion of the transaction, the chief executive officer directly owned 652,229 shares in the company, valued at $19,573,392.29. This trade represents a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Ryerson Stock Down 2.3%

RYI stock traded down $0.70 during trading on Friday, reaching $29.33. The stock had a trading volume of 247,921 shares, compared to its average volume of 292,921. The company has a quick ratio of 0.95, a current ratio of 1.98 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $944.72 million, a price-to-earnings ratio of -41.31 and a beta of 1.59. Ryerson Holding Corporation has a one year low of $19.02 and a one year high of $30.31. The company’s 50 day moving average is $25.09 and its two-hundred day moving average is $23.34.

Ryerson (NYSE:RYI) last posted its quarterly earnings results on Tuesday, October 28th. The basic materials company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.49). Ryerson had a negative net margin of 0.51% and a negative return on equity of 2.73%. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.16 billion. Ryerson has set its Q4 2025 guidance at -0.280–0.220 EPS. Equities research analysts forecast that Ryerson Holding Corporation will post 1.2 EPS for the current year.

Ryerson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, December 4th. Ryerson’s payout ratio is currently -105.63%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in shares of Ryerson in the 4th quarter worth approximately $126,000. Harbor Capital Advisors Inc. raised its stake in Ryerson by 35.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 13,606 shares of the basic materials company’s stock valued at $342,000 after buying an additional 3,528 shares during the last quarter. Wedge Capital Management L L P NC boosted its stake in Ryerson by 10.5% in the 4th quarter. Wedge Capital Management L L P NC now owns 54,219 shares of the basic materials company’s stock worth $1,364,000 after purchasing an additional 5,167 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ryerson by 113.9% during the third quarter. JPMorgan Chase & Co. now owns 153,049 shares of the basic materials company’s stock valued at $3,499,000 after buying an additional 81,511 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new stake in Ryerson during the 3rd quarter valued at $625,000. Institutional investors own 94.81% of the company’s stock.

Analyst Upgrades and Downgrades

RYI has been the topic of a number of analyst reports. Zacks Research upgraded Ryerson to a “hold” rating in a research note on Wednesday, January 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Ryerson in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ryerson presently has an average rating of “Reduce” and an average target price of $25.00.

Ryerson Company Profile

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.