Baader Bank Aktiengesellschaft Sells 3,967 Shares of Steel Dynamics, Inc. $STLD

Baader Bank Aktiengesellschaft lowered its holdings in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 64.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,190 shares of the basic materials company’s stock after selling 3,967 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Steel Dynamics were worth $394,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of STLD. Life Cycle Investment Partners Ltd bought a new stake in shares of Steel Dynamics during the fourth quarter worth $586,702,000. Norges Bank purchased a new position in Steel Dynamics in the 4th quarter worth about $564,590,000. Boston Partners increased its stake in Steel Dynamics by 147.9% in the 4th quarter. Boston Partners now owns 1,793,630 shares of the basic materials company’s stock worth $303,970,000 after buying an additional 1,070,042 shares during the period. Bessemer Group Inc. lifted its holdings in Steel Dynamics by 56,088.1% during the 1st quarter. Bessemer Group Inc. now owns 542,215 shares of the basic materials company’s stock valued at $97,598,000 after buying an additional 541,250 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in Steel Dynamics by 92.4% during the 4th quarter. Hsbc Holdings PLC now owns 1,030,448 shares of the basic materials company’s stock valued at $174,609,000 after buying an additional 494,828 shares in the last quarter. Institutional investors own 82.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on STLD shares. Citigroup upped their target price on shares of Steel Dynamics from $180.00 to $255.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings raised shares of Steel Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Wall Street Zen upgraded Steel Dynamics from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Barclays increased their price objective on Steel Dynamics from $270.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Bank of America reduced their price objective on Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $237.36.

Steel Dynamics Stock Up 2.2%

Shares of Steel Dynamics stock opened at $238.64 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.18 and a quick ratio of 1.33. Steel Dynamics, Inc. has a 1 year low of $119.89 and a 1 year high of $288.74. The firm’s 50-day moving average is $245.89 and its two-hundred day moving average is $210.41. The stock has a market cap of $34.54 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 0.53 and a beta of 1.53.

Steel Dynamics (NASDAQ:STLD) last posted its quarterly earnings results on Monday, July 20th. The basic materials company reported $3.69 EPS for the quarter, beating the consensus estimate of $3.63 by $0.06. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.12%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the previous year, the business posted $2.01 EPS. The company’s quarterly revenue was up 33.4% compared to the same quarter last year. As a group, research analysts expect that Steel Dynamics, Inc. will post 14.28 earnings per share for the current fiscal year.

Steel Dynamics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were paid a $0.53 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.12 dividend on an annualized basis and a yield of 0.9%. Steel Dynamics’s payout ratio is 19.22%.

Key Headlines Impacting Steel Dynamics

Here are the key news stories impacting Steel Dynamics this week:

• Positive Sentiment: Steel Dynamics reported Q2 results that beat expectations, with EPS topping estimates and revenue rising sharply year over year on record steel shipments, reinforcing momentum in its core steel business. Steel Dynamics’ Q2 Earnings Top Estimates, Revenues Increase Y/Y
• Positive Sentiment: Management highlighted record steel shipments and strong operating performance in the Q2 earnings call, which supports the view that demand and execution remain solid heading into the second half of 2026. Steel Dynamics Inc (STLD) Q2 2026 Earnings Call Highlights: Record Steel Shipments and Strong …
• Neutral Sentiment: JPMorgan raised its price target on Steel Dynamics to $260 from $256 but kept a neutral rating, suggesting upside is still seen, but not enough to turn outright bullish. Benzinga report on JPMorgan price target increase
• Neutral Sentiment: Bank of America also maintained a Hold/neutral view, noting the earnings beat was solid but valuation looks stretched after the rally. Steel Dynamics: Solid Near-Term Beat but Stretched Valuation Keeps Neutral Rating and $260 Price Target Unchanged
• Neutral Sentiment: New articles comparing STLD with Ternium and discussing its aluminum story keep investor attention on valuation and business mix, but do not appear to add a major new catalyst by themselves. TX or STLD: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Some commentary says the stock’s valuation is now a concern after the post-earnings move, which may limit further near-term gains even after the strong results. Steel Dynamics (STLD) Earnings Put Its Aluminum Story And Valuation Back In Focus

Insiders Place Their Bets

In other Steel Dynamics news, SVP Richard A. Poinsatte sold 2,300 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $234.11, for a total transaction of $538,453.00. Following the completion of the sale, the senior vice president owned 28,618 shares in the company, valued at $6,699,759.98. This represents a 7.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP James Stanley Anderson sold 10,000 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $268.70, for a total value of $2,687,000.00. Following the sale, the senior vice president directly owned 102,837 shares in the company, valued at $27,632,301.90. This trade represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. 6.60% of the stock is owned by corporate insiders.

Steel Dynamics Profile

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.