Cambria Investment Management L.P. Reduces Stock Position in Ryerson Holding Corporation $RYI

Cambria Investment Management L.P. decreased its position in shares of Ryerson Holding Corporation (NYSE:RYI) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296,637 shares of the basic materials company’s stock after selling 20,309 shares during the quarter. Cambria Investment Management L.P. owned 0.92% of Ryerson worth $6,781,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Franklin Resources Inc. increased its stake in Ryerson by 0.5% in the 3rd quarter. Franklin Resources Inc. now owns 2,875,866 shares of the basic materials company’s stock valued at $65,742,000 after purchasing an additional 15,041 shares in the last quarter. Vanguard Group Inc. boosted its position in Ryerson by 1.4% during the third quarter. Vanguard Group Inc. now owns 1,713,084 shares of the basic materials company’s stock worth $39,161,000 after purchasing an additional 23,430 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ryerson by 1.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,395,423 shares of the basic materials company’s stock valued at $31,899,000 after purchasing an additional 16,987 shares during the last quarter. American Century Companies Inc. increased its position in shares of Ryerson by 8.5% in the third quarter. American Century Companies Inc. now owns 1,194,233 shares of the basic materials company’s stock valued at $27,300,000 after buying an additional 93,800 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Ryerson by 0.9% in the second quarter. Geode Capital Management LLC now owns 644,892 shares of the basic materials company’s stock valued at $13,912,000 after buying an additional 6,000 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ryerson Price Performance

Shares of NYSE:RYI opened at $28.17 on Thursday. 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 business’s fifty day moving average price is $28.26 and its two-hundred day moving average price is $24.92. The stock has a market cap of $907.19 million, a PE ratio of -16.00 and a beta of 1.58. Ryerson Holding Corporation has a one year low of $19.02 and a one year high of $30.90.

Ryerson (NYSE:RYI) last issued its quarterly earnings data on Thursday, February 19th. The basic materials company reported ($1.01) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.83). The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Ryerson had a negative net margin of 1.23% and a negative return on equity of 6.19%. Ryerson has set its Q4 2025 guidance at -1.180–1.180 EPS. On average, analysts forecast that Ryerson Holding Corporation will post 1.2 EPS for the current fiscal year.

Ryerson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, March 5th. Ryerson’s dividend payout ratio is -42.61%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on RYI. Zacks Research upgraded shares of Ryerson to a “hold” rating in a research report on Wednesday, January 7th. BMO Capital Markets raised their target price on shares of Ryerson from $29.00 to $31.00 and gave the company a “market perform” rating in a report on Monday, February 23rd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Ryerson in a research report on Monday, December 29th. Two equities research analysts have 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 a consensus rating of “Reduce” and an average target price of $31.00.

Insider Transactions at Ryerson

In other Ryerson news, CFO James J. Claussen sold 4,972 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $30.00, for a total transaction of $149,160.00. Following the sale, the chief financial officer directly owned 74,284 shares of the company’s stock, valued at $2,228,520. This trade represents a 6.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Edward J. Lehner sold 59,001 shares of Ryerson stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $30.06, for a total transaction of $1,773,570.06. Following the sale, the chief executive officer owned 593,228 shares of the company’s stock, valued at approximately $17,832,433.68. This trade represents a 9.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 64,973 shares of company stock worth $1,952,740. 3.95% of the stock is owned by insiders.

Ryerson Company Profile

Ryerson, Inc is a North American metals distributor and processor serving a broad range of industrial and manufacturing end markets. Headquartered in Chicago, Illinois, the company supplies carbon steels, stainless alloys, aluminum, brass and copper products to customers across the United States, Canada and Mexico. Through its extensive branch network, Ryerson provides just-in-time delivery and comprehensive inventory management solutions to support complex production schedules and tight lead-time requirements.

In addition to raw material distribution, Ryerson offers a suite of value-added processing services, including laser and plasma cutting, plate burning, sawing, shearing, forming, drilling and welding.