KBC Group NV Decreases Stock Position in Steel Dynamics, Inc. $STLD

Posted by Danessa Lincoln on Jul 22nd, 2026

KBC Group NV decreased its holdings in shares of Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) by 83.8% during the first quarter, Holdings Channel.com reports. The fund owned 76,828 shares of the basic materials company’s stock after selling 396,217 shares during the period. KBC Group NV’s holdings in Steel Dynamics were worth $13,829,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Prosperity Bancshares Inc acquired a new stake in Steel Dynamics in the 4th quarter worth approximately $25,000. MV Capital Management Inc. acquired a new position in Steel Dynamics during the 4th quarter valued at approximately $27,000. Sound Income Strategies LLC raised its holdings in shares of Steel Dynamics by 1,500.0% in the fourth quarter. Sound Income Strategies LLC now owns 160 shares of the basic materials company’s stock worth $28,000 after buying an additional 150 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new position in shares of Steel Dynamics in the first quarter worth $31,000. Finally, DV Equities LLC acquired a new stake in shares of Steel Dynamics during the fourth quarter worth $33,000. Institutional investors and hedge funds own 82.41% of the company’s stock.

Steel Dynamics Price Performance

NASDAQ:STLD opened at $233.52 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.33. The firm has a market cap of $33.80 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 0.44 and a beta of 1.53. The company has a 50 day moving average price of $245.85 and a 200-day moving average price of $209.92. Steel Dynamics, Inc. has a 1-year low of $119.89 and a 1-year high of $288.74.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last posted its earnings results on Monday, July 20th. The basic materials company reported $3.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.06. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.30%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the business posted $2.01 EPS. The business’s revenue was up 33.4% compared to the same quarter last year. Equities research analysts forecast that Steel Dynamics, Inc. will post 16.92 EPS for the current year.

Steel Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a $0.53 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.9%. Steel Dynamics’s dividend payout ratio is 22.67%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on STLD shares. Wells Fargo & Company lowered their price target on Steel Dynamics from $293.00 to $291.00 and set an “overweight” rating for the company in a research report on Thursday, June 18th. KeyCorp raised their price objective on Steel Dynamics from $241.00 to $262.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. BMO Capital Markets lifted their target price on Steel Dynamics from $195.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. Weiss Ratings upgraded shares of Steel Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, June 18th. Finally, Citigroup lifted their price objective on shares of Steel Dynamics from $180.00 to $255.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Steel Dynamics has a consensus rating of “Moderate Buy” and a consensus price target of $239.18.

View Our Latest Research Report on STLD

Trending Headlines about Steel Dynamics

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

Positive Sentiment: Steel Dynamics reported second-quarter EPS of $3.69 to $3.80, topping analyst estimates, while revenue rose about 33% year over year to roughly $6.1 billion on record steel shipments of 3.7 million tons. Steel Dynamics Reports Second Quarter 2026 Results
Positive Sentiment: Management highlighted improved steel pricing, strong domestic steel and aluminum demand, continued ramp-up in aluminum flat-rolled sheet operations, and $200 million of share repurchases, all of which reinforce the company’s near-term momentum. Steel Dynamics’ second-quarter profit jumps on record shipments, improved pricing
Neutral Sentiment: Analysts remain constructive on the quarter but are flagging stretched valuation, with Bank of America maintaining a Hold rating and a $260 price target, suggesting much of the good news may already be reflected in the stock. Steel Dynamics: Solid Near-Term Beat but Stretched Valuation Keeps Neutral Rating and $260 Price Target Unchanged
Negative Sentiment: Some investors are focusing on the company’s aluminum story and potential execution issues, including startup losses and a non-cash impairment tied to shifting a planned aluminum recycled slab center, which could temper enthusiasm despite the strong quarter. Steel Dynamics (STLD) Earnings Put Its Aluminum Story And Valuation Back In Focus

Insider Activity

In related news, SVP Miguel Alvarez sold 4,825 shares of Steel Dynamics stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $225.58, for a total value of $1,088,423.50. Following the completion of the transaction, the senior vice president owned 122,257 shares in the company, valued at $27,578,734.06. The trade was a 3.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenneth W. Cornew sold 5,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $224.87, for a total value of $1,124,350.00. Following the completion of the transaction, the director directly owned 31,299 shares of the company’s stock, valued at $7,038,206.13. The trade was a 13.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 22,125 shares of company stock valued at $5,438,226. Insiders own 6.60% of the company’s stock.

Steel Dynamics Profile

(Free Report)

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.