Susquehanna International Group LLP Acquires New Holdings in Ryerson Holding $RYZ

Susquehanna International Group LLP bought a new stake in Ryerson Holding (NYSE:RYZFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 56,112 shares of the company’s stock, valued at approximately $1,381,000. Susquehanna International Group LLP owned about 0.11% of Ryerson at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Deutsche Bank AG bought a new stake in shares of Ryerson in the 2nd quarter valued at about $1,273,000. Platinum Equity Advisors LLC DE bought a new position in shares of Ryerson during the 2nd quarter worth approximately $96,581,404. JB Capital Partners LP bought a new position in shares of Ryerson during the 2nd quarter worth approximately $69,869,242. BlackRock Inc. purchased a new stake in Ryerson during the second quarter valued at approximately $120,378,000. Finally, Robotti Robert acquired a new stake in Ryerson in the second quarter valued at approximately $9,102,000. 94.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ryerson

In other news, CAO Molly D. Kannan sold 1,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $30.00, for a total transaction of $30,000.00. Following the sale, the chief accounting officer directly owned 24,636 shares of the company’s stock, valued at $739,080. The trade was a 3.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.58% of the stock is owned by company insiders.

Ryerson Stock Up 0.1%

Shares of Ryerson stock opened at $25.34 on Monday. The firm has a 50 day moving average of $27.24. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of -20.44 and a beta of 1.65. The company has a quick ratio of 1.04, a current ratio of 2.21 and a debt-to-equity ratio of 0.73. Ryerson Holding has a 52 week low of $19.34 and a 52 week high of $32.00.

Ryerson (NYSE:RYZGet Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.12. Ryerson had a negative net margin of 0.56% and a negative return on equity of 0.62%. The company had revenue of $2.01 billion for the quarter. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. As a group, research analysts anticipate that Ryerson Holding will post 1.1 earnings per share for the current fiscal year.

Ryerson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, September 3rd. Ryerson’s payout ratio is presently -60.48%.

Wall Street Analysts Forecast Growth

RYZ has been the topic of several analyst reports. Wall Street Zen raised shares of Ryerson from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Zacks Research upgraded Ryerson from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Ryerson in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

Check Out Our Latest Research Report on RYZ

Ryerson Company Profile

(Free Report)

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.

Further Reading

Institutional Ownership by Quarter for Ryerson (NYSE:RYZ)

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