Teton Advisors LLC Makes New $5.18 Million Investment in Myers Industries, Inc. $MYE

Teton Advisors LLC bought a new stake in shares of Myers Industries, Inc. (NYSE:MYE) in the 3rd quarter, HoldingsChannel reports. The fund bought 306,000 shares of the industrial products company’s stock, valued at approximately $5,184,000. Myers Industries accounts for about 3.2% of Teton Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Gamco Investors INC. ET AL lifted its position in shares of Myers Industries by 3.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 3,593,462 shares of the industrial products company’s stock worth $52,069,000 after buying an additional 110,560 shares during the last quarter. Vanguard Group Inc. raised its stake in Myers Industries by 4.9% during the third quarter. Vanguard Group Inc. now owns 2,867,574 shares of the industrial products company’s stock worth $48,577,000 after acquiring an additional 133,496 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Myers Industries by 2.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,291,134 shares of the industrial products company’s stock worth $39,064,000 after acquiring an additional 51,968 shares during the period. Millennium Management LLC lifted its holdings in Myers Industries by 2.7% in the first quarter. Millennium Management LLC now owns 911,626 shares of the industrial products company’s stock worth $10,876,000 after acquiring an additional 23,866 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Myers Industries by 1.9% in the second quarter. Geode Capital Management LLC now owns 888,732 shares of the industrial products company’s stock valued at $12,880,000 after acquiring an additional 16,265 shares during the period. 90.82% of the stock is owned by institutional investors and hedge funds.

Key Myers Industries News

Here are the key news stories impacting Myers Industries this week:

• Positive Sentiment: Q4 beat on both EPS and revenue and showed margin improvement — Company reported $0.31 EPS vs. $0.23 consensus and revenue of $203.97M vs. ~$202.6M, with commentary on margin expansion for 2025. Myers Industries Announces 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Market reaction initially modestly positive — some coverage notes the beat pushed shares up intraday before profit-taking. This shows the beat was received as credible but not enough to sustain a rally. Myers Industries beats estimates on earnings and revenue, stock edges up
• Neutral Sentiment: Full materials and transcripts are available — slides and the earnings-call transcript provide detail on segment performance and the company’s narrative on cost/margin drivers. Useful for digging into whether margin gains are sustainable. Myers Industries, Inc. (MYE) Q4 2025 Earnings Call Transcript Myers Industries, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Valuation and fundamental metrics may cap upside — MYE trades at a mid?to?high P/E (~29x) with a modest net margin (~3.4%) and leverage (debt/equity ~1.18), which can prompt profit-taking after a rally toward the 52-week high.
• Negative Sentiment: Stock moved lower on higher volume — the heavier-than-average trading suggests sellers dominated after the release despite the beat; investors may be awaiting clearer forward guidance or sustainability of margin gains.

Myers Industries Trading Down 5.2%

Shares of NYSE:MYE opened at $21.59 on Friday. The company has a market cap of $807.68 million, a PE ratio of 23.22 and a beta of 1.06. The company’s 50-day moving average price is $20.92 and its 200 day moving average price is $18.56. Myers Industries, Inc. has a fifty-two week low of $9.06 and a fifty-two week high of $24.03. The company has a quick ratio of 1.09, a current ratio of 1.67 and a debt-to-equity ratio of 1.08.

Myers Industries (NYSE:MYE) last posted its earnings results on Thursday, March 5th. The industrial products company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. Myers Industries had a net margin of 4.23% and a return on equity of 14.46%. The firm had revenue of $203.97 million during the quarter, compared to analysts’ expectations of $202.60 million. Sell-side analysts anticipate that Myers Industries, Inc. will post 0.95 earnings per share for the current year.

Myers Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Friday, March 13th will be given a dividend of $0.135 per share. The ex-dividend date is Friday, March 13th. This represents a $0.54 annualized dividend and a dividend yield of 2.5%. Myers Industries’s payout ratio is currently 72.97%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Myers Industries in a report on Thursday, January 22nd. Zacks Research raised Myers Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Finally, Wall Street Zen upgraded Myers Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $21.00.

About Myers Industries

Myers Industries, Inc is a diversified manufacturer of polymer products serving industrial, commercial and consumer markets. The company designs, produces and markets a broad range of molded and fabricated plastic components, including pallets, bulk containers, tanks and drums used in material handling and storage applications. Myers Industries leverages proprietary polymer technologies to provide durable, reusable solutions that help customers optimize supply chain efficiency and reduce environmental impact.

Myers operates primarily through two business segments.