UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires New Position in Ryerson Holding $RYZ

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Ryerson Holding (NYSE:RYZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 86,588 shares of the company’s stock, valued at approximately $2,131,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in RYZ. BlackRock Inc. purchased a new stake in shares of Ryerson during the 2nd quarter valued at approximately $120,378,000. Platinum Equity Advisors LLC DE purchased a new stake in Ryerson in the second quarter valued at $96,581,404. JB Capital Partners LP acquired a new position in shares of Ryerson in the 2nd quarter valued at $69,869,242. Donald Smith & CO. Inc. purchased a new position in Ryerson during the second quarter worth about $49,036,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Ryerson in the 2nd quarter valued at approximately $10,692,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ryerson Stock Performance

RYZ stock opened at $25.35 on Friday. Ryerson Holding has a fifty-two week low of $19.34 and a fifty-two week high of $32.00. The stock’s 50 day moving average price is $27.19. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of -20.44 and a beta of 1.57. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.21 and a quick ratio of 1.04.

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

Ryerson Announces Dividend

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 given 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 currently -60.48%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. Zacks Research upgraded shares of Ryerson from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Finally, Wall Street Zen raised Ryerson from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce”.

Ryerson 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.