William Blair Investment Management LLC Has $7.15 Million Position in Ryerson Holding Corporation $RYI

William Blair Investment Management LLC lowered its position in shares of Ryerson Holding Corporation (NYSE:RYI) by 59.6% in the second quarter, Holdings Channel reports. The firm owned 331,475 shares of the basic materials company’s stock after selling 489,636 shares during the period. William Blair Investment Management LLC’s holdings in Ryerson were worth $7,150,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of RYI. CWM LLC grew its holdings in Ryerson by 97.7% during the second quarter. CWM LLC now owns 1,866 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 922 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Ryerson by 12.9% during the second quarter. Harbor Capital Advisors Inc. now owns 10,199 shares of the basic materials company’s stock valued at $220,000 after purchasing an additional 1,164 shares during the period. SG Americas Securities LLC acquired a new position in Ryerson during the first quarter valued at approximately $286,000. Janney Montgomery Scott LLC grew its holdings in Ryerson by 10.4% during the first quarter. Janney Montgomery Scott LLC now owns 15,927 shares of the basic materials company’s stock valued at $366,000 after purchasing an additional 1,495 shares during the period. Finally, Readystate Asset Management LP acquired a new position in shares of Ryerson in the first quarter valued at approximately $403,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ryerson Stock Up 1.4%

Ryerson stock opened at $23.06 on Tuesday. The stock has a market capitalization of $742.50 million, a PE ratio of -51.24 and a beta of 1.66. Ryerson Holding Corporation has a twelve month low of $17.18 and a twelve month high of $27.41. The company has a quick ratio of 1.00, a current ratio of 2.03 and a debt-to-equity ratio of 0.62. The company has a 50 day moving average of $22.74 and a 200-day moving average of $22.14.

Ryerson (NYSE:RYI) last released its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.09). The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.17 billion. Ryerson had a negative net margin of 0.33% and a negative return on equity of 1.72%. Ryerson has set its Q3 2025 guidance at 0.000-0.060 EPS. On average, equities research analysts anticipate that Ryerson Holding Corporation will post 1.2 EPS for the current fiscal year.

Ryerson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, September 4th. Ryerson’s payout ratio is currently -166.67%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ryerson currently has a consensus rating of “Reduce” and an average price target of $25.00.

Insider Activity at Ryerson

In other news, CAO Molly D. Kannan sold 2,528 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $22.24, for a total value of $56,222.72. Following the sale, the chief accounting officer owned 23,516 shares of the company’s stock, valued at $522,995.84. The trade was a 9.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.95% of the stock is currently owned by corporate insiders.

Ryerson Company Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.