Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Steel Dynamics, Inc. (NASDAQ:STLD). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Steel Dynamics stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.
Steel Dynamics Price Performance
STLD stock opened at $193.39 on Friday. The company has a market cap of $28.24 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 0.52 and a beta of 1.46. The company has a current ratio of 3.06, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average price of $180.30 and a two-hundred day moving average price of $157.60. Steel Dynamics, Inc. has a 12-month low of $103.17 and a 12-month high of $208.47.
Analyst Ratings Changes
STLD has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of Steel Dynamics from $165.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Wall Street Zen upgraded shares of Steel Dynamics from a “hold” rating to a “strong-buy” rating in a report on Saturday, January 31st. Morgan Stanley reiterated an “equal weight” rating and issued a $194.00 price target (up from $173.00) on shares of Steel Dynamics in a report on Friday, January 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Steel Dynamics in a research note on Monday, December 29th. Finally, Wells Fargo & Company upped their target price on Steel Dynamics from $172.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, December 15th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $182.00.
Check Out Our Latest Stock Report on Steel Dynamics
Hedge Funds Weigh In On Steel Dynamics
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Prosperity Bancshares Inc purchased a new stake in shares of Steel Dynamics during the fourth quarter worth about $25,000. Sound Income Strategies LLC grew its stake in Steel Dynamics by 1,500.0% during the 4th quarter. Sound Income Strategies LLC now owns 160 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 150 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in Steel Dynamics by 1,636.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 191 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 180 shares during the last quarter. DV Equities LLC acquired a new position in shares of Steel Dynamics in the 4th quarter valued at approximately $33,000. Finally, Torren Management LLC purchased a new position in shares of Steel Dynamics during the 4th quarter valued at approximately $34,000. 82.41% of the stock is owned by hedge funds and other institutional investors.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Steel Dynamics
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.
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