3,924,478 Shares in Ryerson Holding $RYZ Bought by Platinum Equity Advisors LLC DE

Platinum Equity Advisors LLC DE acquired a new stake in shares of Ryerson Holding (NYSE:RYZ) in the second quarter, HoldingsChannel.com reports. The firm acquired 3,924,478 shares of the company’s stock, valued at approximately $96,581,404,000. Ryerson comprises about 1.1% of Platinum Equity Advisors LLC DE’s investment portfolio, making the stock its 5th biggest holding. Platinum Equity Advisors LLC DE owned about 0.08% of Ryerson as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of RYZ. Quantbot Technologies LP purchased a new position in Ryerson in the second quarter worth about $66,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Ryerson during the 2nd quarter valued at about $148,000. State of Wyoming purchased a new stake in shares of Ryerson during the 2nd quarter valued at about $185,000. NFJ Investment Group LLC purchased a new stake in shares of Ryerson during the 2nd quarter valued at about $219,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Ryerson in the 2nd quarter worth approximately $298,000. Institutional investors own 94.81% of the company’s stock.

Insider Transactions at Ryerson

In related news, CAO Molly D. Kannan sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $30.00, for a total value of $30,000.00. Following the transaction, the chief accounting officer directly owned 24,636 shares of the company’s stock, valued at approximately $739,080. The trade was a 3.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 4,500 shares of company stock worth $131,260. 6.58% of the stock is currently owned by company insiders.

Ryerson Stock Performance

Shares of RYZ stock opened at $25.12 on Thursday. Ryerson Holding has a 52-week low of $19.34 and a 52-week high of $32.00. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.21 and a quick ratio of 1.04. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -20.26 and a beta of 1.65. The business has a fifty day simple moving average of $27.32.

Ryerson (NYSE:RYZ) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.12. Ryerson had a negative return on equity of 0.62% and a negative net margin of 0.56%.The business had revenue of $2.01 billion for the quarter. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. On average, sell-side analysts forecast that Ryerson Holding will post 1.1 EPS for the current fiscal year.

Ryerson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors 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 yield of 3.0%. The ex-dividend date of this dividend is Thursday, September 3rd. Ryerson’s dividend payout ratio (DPR) is -60.48%.

Analyst Ratings Changes

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

Ryerson Company Profile

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.