Teacher Retirement System of Texas Grows Stock Position in Ryerson Holding Corporation $RYI

Teacher Retirement System of Texas raised its holdings in shares of Ryerson Holding Corporation (NYSE:RYI) by 61.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,746 shares of the basic materials company’s stock after acquiring an additional 14,725 shares during the quarter. Teacher Retirement System of Texas’ holdings in Ryerson were worth $836,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allianz Asset Management GmbH grew its position in shares of Ryerson by 14.3% in the second quarter. Allianz Asset Management GmbH now owns 232,399 shares of the basic materials company’s stock valued at $5,013,000 after purchasing an additional 29,101 shares during the last quarter. CWM LLC lifted its stake in Ryerson by 97.7% in the 2nd quarter. CWM LLC now owns 1,866 shares of the basic materials company’s stock valued at $40,000 after buying an additional 922 shares in the last quarter. SummerHaven Investment Management LLC grew its holdings in Ryerson by 1.5% during the 2nd quarter. SummerHaven Investment Management LLC now owns 42,719 shares of the basic materials company’s stock valued at $921,000 after buying an additional 629 shares during the last quarter. Wedge Capital Management L L P NC grew its holdings in Ryerson by 5.4% during the 2nd quarter. Wedge Capital Management L L P NC now owns 47,529 shares of the basic materials company’s stock valued at $1,025,000 after buying an additional 2,415 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC purchased a new position in Ryerson during the second quarter worth $28,377,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ryerson Stock Down 0.1%

RYI stock opened at $20.50 on Friday. The company has a 50 day moving average price of $22.64 and a two-hundred day moving average price of $22.15. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.95 and a current ratio of 1.98. The stock has a market capitalization of $660.14 million, a P/E ratio of -28.87 and a beta of 1.79. Ryerson Holding Corporation has a one year low of $17.18 and a one year high of $27.41.

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

Ryerson Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, December 4th. Ryerson’s dividend payout ratio (DPR) is presently -105.63%.

Insider Buying and Selling

In other Ryerson news, CAO Molly D. Kannan sold 2,528 shares of Ryerson stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $22.24, for a total value of $56,222.72. Following the completion of the sale, the chief accounting officer owned 23,516 shares in the company, valued at $522,995.84. The trade was a 9.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.95% of the stock is owned by company insiders.

Analyst Ratings Changes

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

About Ryerson

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.