Ryerson Holding Corporation $RYI Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. lifted its stake in Ryerson Holding Corporation (NYSE:RYI) by 0.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,860,825 shares of the basic materials company’s stock after buying an additional 6,961 shares during the quarter. Franklin Resources Inc. owned approximately 8.88% of Ryerson worth $61,708,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ryerson in the first quarter worth about $586,000. Nuveen LLC purchased a new position in shares of Ryerson in the 1st quarter valued at about $2,243,000. Comerica Bank raised its holdings in Ryerson by 81.2% in the 1st quarter. Comerica Bank now owns 95,035 shares of the basic materials company’s stock worth $2,182,000 after purchasing an additional 42,597 shares during the period. Allianz Asset Management GmbH raised its holdings in Ryerson by 23.7% in the 1st quarter. Allianz Asset Management GmbH now owns 203,298 shares of the basic materials company’s stock worth $4,668,000 after purchasing an additional 38,911 shares during the period. Finally, Strs Ohio purchased a new position in Ryerson during the first quarter worth approximately $432,000. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Ryerson in a research report on Wednesday, November 19th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $25.00.

Ryerson Price Performance

NYSE:RYI opened at $21.50 on Tuesday. The stock has a 50 day moving average of $22.17 and a two-hundred day moving average of $22.04. Ryerson Holding Corporation has a 12 month low of $17.18 and a 12 month high of $27.41. The firm has a market cap of $692.55 million, a P/E ratio of -30.28 and a beta of 1.79. The company has a current ratio of 1.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.62.

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

Ryerson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Thursday, December 4th. Ryerson’s dividend payout ratio is -105.63%.

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.